With much of the developing world teetering on the edge of a debt crisis, the calls for a new issuance of special drawing rights (SDRs, the International Monetary Fund’s reserve asset), have…
Month: May 2023
Qatar sees ‘very big demand’ forNorth Field expansion gas: Al-Kaabi
HE the Minister of State for Energy Affairs Saad bin Sherida al-Kaabi said Qatar potentially will run out of gas for supplies from the North Field expansion by the year-end, because of…
Crippling Heat Deepens Asia’s Reliance on Russian Energy
The extreme heat that’s been scorching Asia in recent weeks has produced one clear beneficiary — Russia. As countries across the region scramble to make sure they have enough coal, gas and…
Will Europe Be the World’s Biggest Loser?
Russia’s war against Ukraine, the Sino-American rivalry, and the rise of new middle powers is spurring a profound reorganization of the international order that will leave Europe at a distinct disadvantage. To…
Climate crisis won’t solve on its own: need to walk the talk
We need all governments to step up and agree to phase out unabated fossil-fuel use. We need reforms to make our financial institutions and systems fit for purpose. And we need to…
The Russian Nuclear Company The West Can’t Live Without
When European countries want to decommission aging nuclear plants, they often call Nukem. There’s only one catch. By Jonathan Tirone and Petra Sorge May 13, 2023 at 9:00 AM GMT+3 Cutting the…
The Climate Elephants in the Room
May 19, 2023PINELOPI KOUJIANOU GOLDBERG As tempting as it is to rely on multilateralism to solve a shared global problem like climate change, the world simply does not have the time for…
India’s Russian oil buying hits record high, slashes Mideast, Africa share
NEW DELHI, May 17 (Reuters) – India’s oil imports from Russia rose to a fresh record high in April, further reducing the share of Middle Eastern and African grades to their lowest…
Uptick in Qatari LNG contributes to higher LNG imports in India, Pakistan in April: GECF
Qatar – Uptick in LNG imports from Qatar contributed to higher LNG imports in India and Pakistan in April this year, GECF’ latest data show. In April 2023, Asia Pacific’s LNG imports…