The International Monetary Fund seems determined to dilute one of the best examples of global co-operation in response to the economic disruptions induced by the Covid-19 pandemic and climate change. It must…
Month: December 2021
Cyprus awards Block 5 gas right to ExxonMobil, Qatar Petroleum
The Cypriot government on Thursday awarded a license for natural gas exploration rights for an offshore block to a consortium made up of ExxonMobil and Qatar Petroleum. Energy Minister Natasa Pilides said…
QatarEnergy announces long-term LNG supply agreement with China’s Guangdong Energy Group
* Under the sale and purchase agreement with Guangdong Energy Group, Ras Laffan Liquefied Natural Gas Company will supply 1mn tons per year of LNG to China over a 10-year period, beginning…
Opec+ agrees to go ahead with oil output rise, as US pressure trumps virus scare
Opec and its allies agreed on Thursday to stick to their existing policy of monthly oil output increases despite fears that a US release from crude reserves and the new Omicron coronavirus…
The West’s wasted crisis
The silver lining in the gloomy cloud of the pandemic was the opportunity it gave the West to mend its ways. During 2020, rays of light shone through. The European Union was…