Bloomberg Istanbul Turkish gas distributor Palmet Enerji AS agreed to buy all of EWE AG’s assets in the country for between €130mn ($148mn) and €150mn. Palmet beat its only competitor, State Oil…
OPEC+ Plans Review in Baku in March, Ministers’ Meeting in April
OPEC and its allies plan to hold a meeting in March to assess their oil-production accord in Azerbaijan, and then ministers will gather to set policy in April, according to the organization’s…
China said to eye near four-fold LNG import capacity jump by 2035
Bloomberg/Hong Kong/Singapore China may boost its liquefied natural gas import capacity by nearly four-fold within two decades as it pushes toward using more of the fuel. The Ministry of Transport has proposed…
US pressures Germany over Russian gas pipeline
[FRANKFURT AM MAIN] A transatlantic tiff over Europe’s natural gas supply came to the boil Sunday, as Donald Trump’s ambassador to Germany threatened firms involved in a pipeline from Russia with sanctions….
Bears get out of the way as crude’s rebound takes hold
Crude oil’s rally is starting to sweep away the pessimists. After starting 2019 on a cautious tone, hedge funds last week slashed bets on falling Brent crude prices to the low- est…
Opec withdrawal fits Qatar’s LNG strategy, says US finance attache
Qatar’s recent decision to withdraw its membership from the Organisation of the Petroleum Exporting Countries (Opec) is a business decision that supports the country’s development strategy for its liquefied natural gas (LNG)…
How Inequality Undermines Economic Performance
rance’s Yellow Vest protests are rooted in frustration with the government’s indifference to the plight of struggling households outside France’s urban centers. With job and income polarization having increased across all developed…
Climate Change Action Cannot Ignore Social Issues
espite a series of troubling new reports and studies, the world has yet to respond adequately to the threat posed by global warming. One reason is that policymakers have not made the…
The answer to plastic pollution
With China refusing foreign waste under its new policy, countries are forced to handle their own plastic pollution. As holiday shopping ramps up, so do the dizzying varieties of plastic packaging tossed…
Fiat Chrysler said to pay more than $700mn over US diesel emissions claims
Reuters Washington Fiat Chrysler Automobiles NV will pay more than $700mn to resolve lawsuits from the US Justice De- partment and diesel owners over claims it used illegal software to allow 104,000…