Bloomberg / Brussels European Central Bank president Christine Lagarde urged leaders to keep their fiscal purse strings loose, warning that a premature brake on stimulus measures could derail a nascent recovery. At…
QP received offers for double the amount of equity available in NFE project: Kaabi
Tribune News Network Doha Minister of State for Energy Affairs and Qatar Petroleum President and CEO HE Saad Sherida Al Kaabi said that Qatar Petroleum has received offers for double the equity…
GREECE-TURKEY: ENERGY AS A MECHANISM FOR COOPERATION
“Climate crisis gives Greece and Turkey opportunity for ‘historic compromises” By: Roudi Baroudi – Washington D.C. 23 June 2021 Greece and Turkey have one of the world’s most complicated relationships. We all…
Empty oil tanks at key storage hub show speedy demand rebound
Crude storage tanks that were brimming a year ago when the pandemic grounded flights and kept drivers at home are beginning to empty in the main U.S. distribution hub, the latest sign…
Roudi Baroudi: Μπλε οικονομία στη Μεσόγειο
Οι χώρες της Μεσογείου πρέπει να είναι από τους μεγαλύτερους νικητές στη μετάβαση από τα ορυκτά καύσιμα στις ανανεώσιμες πηγές ενέργειας, δήλωσε ειδικός σε θέματα ενέργειας την Τετάρτη σε ένα βασικό συνέδριο πολιτικής. «Εδώ…
Soaring Mideast Heat May Roil Oil Market as Demand Surges
(Bloomberg) — Soaring temperatures in one of the world’s top energy-producing regions could drive fuel prices higher as countries there burn more oil and natural gas to keep homes cool. Saudi Arabia,…
OPEC sticks to forecast of oil demand surge in second half of 2021
LONDON- OPEC stuck to its prediction of a strong world oil demand recovery in 2021 led by the United States and China, although it cited uncertainties around the path of the pandemic….
NFE project to ‘reposition’ Qatar as world leader in LNG liquefaction capacity: IGU
The multi-billion dollar North Field East (NFE) project will “reposition Qatar as the world leader” in terms of liquefaction capacity, overtaking Australia, the International Gas Union (IGU) has said in a report….
Aramco raises $6bn with debut global sukuk to fund dividend
Saudi Arabian oil giant Aramco locked in another $6bn yesterday to help fund a large dividend as it returned to the international debt markets with its first USdollar-denominated sukuk sale, a document…
Iran plans oil output hike as it sees nuclear talks progress
Bloomberg / Tehran Iran said it’s preparing to hike oil production even as talks with world powers over how to lift sanctions curbing the nation’s crude exports have so far failed to…