Countries have different energy priorities due to factors like the availability of energy resources, geopolitics, the population size, environmental considerations and excessive use of energy, the needs of industry, and the availability…
Opec sticks to oil demand view, nudges up economic growth
LONDON, March 12 (Reuters) – OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, and further raised its economic growth forecast for…
Is Saudi Aramco cooling on crude oil?
Don’t bet on it Has saudi arabia stopped believing in a bright future for petroleum? That is the question that in recent weeks has hung over Saudi Aramco. The desert kingdom’s national…
US gas glut gets hedge funds ultra bearish
LONDON, Feb 26 (Reuters) – Portfolio investors have become extremely bearish about the outlook for U.S. gas prices, even though prices have already fallen to their lowest level in real terms since…
G20 finance meeting to set aside geopolitics, focus on economics
With their countries deeply divided over Israel’s attacks on Gaza, finance officials from the Group of 20 major economies are poised to set aside geopolitics and focus on global economic issues when…
Ras laffan petchem complex to reinforce qatar’s position in global petrochemical industry
Ras Laff an petchem complex to reinforce Qatar’s position in global petrochemical industry. Qatar’s strong position in the global petrochemical industry will be further enhanced with the $6bn Ras Laffan Petrochemical Complex,…
QatarEnergy drills 20+ appraisal wells past 10 years; confirms huge increase in NF gas reserves
The drilling of more than 20 appraisal wells in the past 10 years using state-of-the-art technologies has confirmed significant increase in North Field (NF) gas reserves, to more than 2,000 trillion cubic…
Lessons from euro’s first 25 years
Jan 31, 2024MARCO BUTI and GIANCARLO CORSETTI Prior to the introduction of the European single currency in January 1999, its architects foresaw a future of macroeconomic stability and accelerated growth. While the euro has…
Greenland’s ice loss surges: Satellite data shows alarming retreat
Aggravating concerns about global warming and its consequences, a new, comprehensive analysis of satellite data has found Greenland has lost more ice than previously estimated and that the majority of glaciers on…
Developing Countries Need Debt Relief to Act on Climate Change
While developed economies have pledged to increase climate financing sharply by 2030, developing-economy policymakers are struggling to cover the costs of action. With medium-term strategies being used to address a short-term threat,…