Last week a raft of oil majors released their first-quarter results, with companies like Royal Dutch Shell Plc showing a return to pre-pandemic profit levels. At the same time, some of the majors…
Big Oil’s Chemical Profits Show Inflationary Double Whammy
(Bloomberg) — Drive down any highway in the world and you’ll see countless reminders that the price of Big Oil’s primary product is rising. What’s less obvious is how the inflationary pressures…
Saudi cuts oil prices for Asia as India battles virus
Bloomberg / Dubai Saudi Arabia lowered oil prices for customers in its main market of Asia as a surge in coronavirus cases crimps demand in India, the world’s third-largest crude importer. The…
Lebanon vs. Israel both need to update Maritime Boundaries
Lebanon vs. Israel both need to update Maritime Boundaries – Lebanese political circles are in a tangle once again, this time over whether Lebanon should provide the United Nations with new coordinates defining…
BP emerges as another big winner from Texas freeze
(Bloomberg) — Two months on from the winter freeze that paralyzed Texas and sent electricity and gas prices soaring, another big winner has emerged. BP Plc said Tuesday its gas trading unit…
Malaysia expert calls for ‘clear, comprehensive’ national energy policy
A clear and comprehensive National Energy Policy (NEP) will serve a vital role in countries’ economic growth and energy transition, especially in the face of mounting uncertainties, a senior gas industry official…
Opec+ sticks to plan to ease oil output cuts from May 1
Reuters/Dubai/Moscow/London Opec, Russia and their allies will stick to plans for a phased easing of oil production restrictions from May to July amid upbeat forecasts for a recovery in global demand and…
Getting to zero deforestation in the Amazon by 2030
Amazon deforestation in Brazil reached a 12-year high in 2020, and over 95 per cent of it is illegal. Governments and markets must radically revalue the rainforest’s natural services and stimulate a…
ترسيم الحدود البحرية اللبنانية – السورية على نار حامية بارودي لـ”النهار”: الحل التقني موجود وينطلق من نقطة الحدود البرّية
وضع لبنان الخطوط الاساسية لبدء عملية التفاوض مع الجانب السوري في ما يتعلق بمسألة ترسيم الحدود، وتحديدا البحرية منها، بعدما أظهر العقد الذي صادقت عليه الحكومة السورية في 18 آذار 2021 والموقع…
Lebanese – Syrian Maritime Boundaries: Solutions Are Ready
By Roudi Baroudi Lebanon’s maritime boundaries with Syria have become a popular topic for public discussion of late, and that is a good thing. After all, the more our citizens know, the…