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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…

A ‘price cap’ on Russian oil: What would that mean?

Posted on June 28, 2022 by admin

Since the US and its allies decided to stop buying Russia’s oil, there has been little sign that the measure is inflicting the kind of pain that might force President Vladimir Putin…

QatarEnergy joins ‘Aiming for Zero’ industry initiative aiming to eliminate methane footprint by 2030

Posted on June 28, 2022 by admin

QatarEnergy, the country’s hydrocarbon bellwether, has joined the ‘Aiming for Zero Methane Emissions’ Initiative’, an industry-led move that aims to reach near zero methane emissions from operated oil and gas assets by…

Crunch UN talks face pressure to land global nature pact in 2022 By Nita Bhalla and Michael Taylor

Posted on June 28, 2022 by admin

Mara Siana Conservancy, /Kenya/Kuala Lumpur A cross the endless savannah dotted with flat-topped acacia trees, Mara Siana Conservancy in western Kenya teems with elephants, giraffes, zebra and impala, alongside the Maasai people…

FIFA World Cup Qatar 2022 infrastructure is ready: al-Thawadi

Posted on June 27, 2022 by admin

Hassan al-Thawadi, Secretary-General of the Supreme Committee for Delivery & Legacy (SC), said the infrastructure for the FIFA World Cup Qatar 2022 was ready. Speaking at the Qatar Economic Forum, Powered by…

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