Qatar is among the list of ‘Top 10 LNG exporters’ in January, data provided by the Gas Exporting Countries Forum (GECF) show. The other LNG exporting countries in the list are US,…
GECF member countries’ petrochemical expansion set to boost exports
The export value of selected petrochemicals such as methanol, ammonia, ethylene, propylene, polyethylene, and polypropylene from GECF member countries was estimated at $28.8bn in 2021, Doha-headquartered Gas Exporting Countries Forum said in…
Column: Europe faces more high gas prices next winter
LONDON, Jan 20 (Reuters) – Europe is on course to end the winter of 2022/23 with a record amount of gas in storage, putting downward pressure on futures prices for deliveries this…
Gasoline’s Slow Fade Heralds US Supply Pain Now, Gain Later for Climate
(Bloomberg) — Gasoline demand in the US has peaked, with a surprise slowdown last year signaling that consumption is unlikely to ever again return to pre-Covid levels. This long-awaited milestone shows that…
بعد البحر… نفطٌ في البرّ؟
كتب نادر حجاز في موقع mtv: أعاد الأمين العام لحزب الله السيد حسن نصرالله الى الواجهة الحديث عن استخراج النفط في البرّ بعد اكتشافه في البحر، جازماً أن لبنان يملك ثروة نفطية…
Prospects for the Cyprus EEZ in 2023
With no end in sight for the Russia-Ukraine war, global energy markets will continue to be unstable, making 2023 another difficult year for global energy. On top of this, with uncertainties in…
Aramco sees oil demand picking up on China and aviation recovery
The world’s biggest oil company is confident demand will pick up strongly this year as China reopens its economy and the aviation market recovers. “We are very optimistic in terms of demand…
Natural gas rollercoaster throws Europe’s inflation outlook wide open
Cratering natural-gas prices thanks to warm winter weather are raising the odds that the eurozone’s inflation scourge will ease sooner than anticipated. After a year when consumer prices consistently overshot predictions following…
BYD Challenges Tesla for Global Electric Vehicle Sales Supremacy
A (Jan 13): In the last edition of Bloomberg’s Hyperdrive newsletter, BloombergNEF offered up three predictions for the electric vehicle market in 2023: that sales will keep growing, albeit at a slower…