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Month: July 2022

Other buyers could join North Field expansion ‘if they add value’: Al-Kaabi

Posted on July 7, 2022 by admin

HE the Minister of State for Energy Affairs Saad bin Sherida al-Kaabi said other buyers could join the $29bn North Field expansion “if they add value”. Speaking to reporters in Doha Tuesday…

Double-edged sword: Global hunger and climate goals

Posted on July 7, 2022 by admin

Poor or rich, societies across the world are now suffering from an unprecedented food and hunger crisis. A United Nations gauge of world food prices has jumped more than 70% since mid-2020…

Scholz hints at Lufthansa-like bailout for gas giant Uniper

Posted on July 5, 2022 by admin

German Chancellor Olaf Scholz on Sunday hinted that a Lufthansa-like bailout was on the table to rescue gas giant Uniper. Referring to the €9 billion package to save the German airline, Scholz said that…

Libya supply drop threatens to further tighten global oil market

Posted on July 5, 2022 by admin

Bloomberg/Cairo Libya’s oil exports have fallen to about a third of last year’s level after the worsening political crisis prompted the suspension of shipments from two of the nation’s biggest ports. Force…

JPMorgan sees ‘stratospheric’ $380 oil on worst-case Russian cut

Posted on July 5, 2022 by admin

Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned. The Group of Seven…

European gas extends blistering rally as supply woes deepen

Posted on July 5, 2022 by admin

Bloomberg/Brussels Natural gas in Europe rose to the highest level in almost four months as planned strikes in Norway threaten to further tighten a market that’s already reeling from Russia’s supply cuts….

Germany: “A Whole Prosperity Built On Low-Cost Energy Is Going Up In Smoke”

Posted on July 5, 2022 by admin

Lhe tocsin is sounding at full speed in the German cities and countryside at the start of summer. A whole prosperity built on low-cost energy is going up in smoke. For the…

Allemagne : « Toute une prospérité construite sur une énergie à bas coût est en train de partir en fumée »

Posted on July 5, 2022 by admin

L’Allemagne a dévoilé son premier déficit commercial depuis trente ans et envisage d’aider les entreprises du secteur énergétique, comme Uniper, qui subissent de plein fouet la guerre en Ukraine. Une mobilisation qui…

Aviation: long-term climate goal key to net-zero carbon emissions by 2050

Posted on July 5, 2022 by admin

The global aviation industry has committed to achieving net-zero carbon emissions by 2050. This commitment brings the industry in line with the Paris Agreement’s 1.5C goal. Climate change is the greatest threat…

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