t is becoming conventional wisdom that US President Donald Trump will be tough to beat in November, because, whatever reservations about him voters may have, he has been good for the American…
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Greece, Cyprus, Israel sign EastMed pipeline deal
Greece, Cyprus and Israel yesterday signed an agreement for a huge pipeline project to ship gas from the eastern Mediterranean to Europe. The 2,000km (1,200-mile) EastMed pipeline will be able to carry…
Russia halts oil to Belarus, but transit to Europe still flowing
MINSK/MOSCOW (Reuters) – Russia has halted oil supplies to refineries in Belarus, the Belarusian state energy firm said on Friday, amid a new contract dispute that is also threatening large Russian oil…
Bullish oil bets surge after Opec+ reaches deal on cuts
LONDON, Dec 16 (Reuters) – Hedge fund managers piled back into petroleum last week after Saudi Arabia and its allies in the OPEC+ group of major oil exporters announced deeper-than-expected cuts to their production…
Russian giant ready to join oil, gas exploration in Pakistan
ISLAMABAD: In a positive development, TatNeft – a Russian state owned oil and gas company that has so far drilled 50,000 wells all over the world is ready to join oil and…
The Strait of Hormuz is the world’s most important oil transit chokepoint
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The Strait of Hormuz is the world’s most important oil…
EU fuels Indonesia trade tensions with 5-year biodiesel tariffs
BRUSSELS: The European Union imposed five-year tariffs on biodiesel from Indonesia to counter alleged subsidies to producers in the country, a move that could prompt the Indonesian government to retaliate. The EU…
Gazprom for Pakistan gas pipeline feasibility study
Russian company Gazprom is set to initiate the feasibility study in the first quarter of 2020 for laying down undersea pipeline starting from Gulf to Pakistan, India and Bangladesh initially that will…
Future of solar panel production will have two faces
Solar customers increasingly want panels that capture energy from both their sunny and shady sides, as plummeting component prices finally allow such products to be cost-effective. Panels that are bi-facial, as the…
Law of the Sea, Monaco Conference, East Mediterranean (Part 1)
The Eastern Mediterranean: Will Law of the Sea Applications Unlock Both Seabed Hydrocarbons and a Regional Peace? By Roudi Baroudi and Robert van de Poll