Iraq has failed to pay $1.6 billion owed to neighbouring Iran for gas imports, a debt needed to guarantee further supplies critical to prevent worsening power cuts, Baghdad’s authorities said Wednesday. Payment…
Opec+ seen sticking to oil rise plan despite EU sanctions
Reuters Dubai/London Opec+ is set to stick this week to its monthly modest oil output increases despite seeing tighter global markets, five Opec+ sources said on Wednesday as the group fast approaches…
Gazprom cuts more customers in Europe, but rewards shareholders with dividend
Russian gas giant’s exports have fallen 28% this year, and decline would have been higher were it not for European push to replenish gas storage Gazprom has announced it has halted gas…
A wake-up call? Russia-Ukraine conflict could accelerate renewable energy adoption
The Russia-Ukraine conflict may accelerate the march towards decarbonisation despite concerns the war could put the issue on the backburner, the Al-Attiyah Foundation discovers in its latest Energy Industry report titled ‘Implications…
Global LNG markets sail into the unknown ahead of peak winter
Global liquefied natural gas (LNG) buyers and sellers are bracing for more uncertainty over Russian supplies and an unclear demand outlook from Europe and top importer China in the run-up to the…
EU agrees gradual oil embargo on Russia, gives Hungary exemptions
Reuters / Brussels European Union leaders have agreed an embargo on Russian oil imports that will kick in around the turn of the year — and for now exempts the pipeline imports…
بارودي في مؤتمر أثينا: يمكن لأوروبا أن تخفف من أزمتها عبر الطاقة النظيفة في البحر الأبيض المتوسط
المركزية- حاضر الخبير الدولي في شؤون الطاقة رودي بارودي عن صناعة الطاقة العالمية خلال مؤتمر أثينا الذي انعقد الأسبوع الفائت تحت عنوان “حوارات الطاقة 2022″، حيث لفت إلى أنه “يمكن لأوروبا أن تخفف…
Dismantling the fossil-fuel economy at Stockholm+50
Our planet is facing a triple crisis of climate, nature, and pollution, with one common cause: the fossil-fuel economy. Oil, gas, and coal are at the root of runaway climate disruption, widespread…
Saudi tucks away billions in oil money for next year
Bloomberg Riyadh/London Saudi Arabia will hold billions of dollars from its oil windfall in a government current account until the end of the year, when it will decide how to distribute it…
Sun-starved Sweden turns to solar to fill power void
Bloomberg Sweden, known for its long dark winters with barely any daylight, is seeing a solar power boom. Harnessing whatever sunshine the country gets is emerging as the quickest solution to fill…