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China set to bail out Iraq with multibillion-dollar oil deal

Posted on December 12, 2020 by admin

Baghdad: Iraq is poised to sign a multibillion-dollar contract with China ZhenHua Oil Co., a bailout from Beijing for the cash-strapped government which will receive money upfront in exchange for long-term oil…

OPEC+ panel discusses weaker oil demand outlook, Libya supply rise, sources say

Posted on December 8, 2020 by admin

LONDON (Reuters) – An OPEC+ technical committee discussed on Thursday higher oil supply as production resumes in Libya amid a weaker demand outlook due to a second wave of coronavirus infections, two…

UNESCO and GECF sign landmark cooperation agreement

Posted on December 8, 2020 by admin

Marking a victory for science and education, United Nations Educational, Scientific and Cultural Organisation (UNESCO) and the Gas Exporting Countries Forum (GECF) today signed a Memorandum of Understanding (MoU) to bring the…

https://www.gulf-times.com/story/679889/Companies-taking-strong-climate-action-up-46-this-

Posted on December 8, 2020 by admin

Bloomberg /London The number of major companies who’ve disclosed their environmental impact and aggressively committed to reducing it has increased 46% from last year, according to a new analysis by a leading…

Oil from US-sanctioned sellers becoming less taboo in Asia

Posted on December 7, 2020 by admin

Bloomberg/Mumbai Asia’s biggest oil importers are testing the waters in the hope that the incoming administration of US President-elect Joe Biden will set the stage for a resumption in crude exports from…

“النزاعات البحرية في شرق المتوسط”… يوضح طريق الحل السلمي للخلافات الحدودية

Posted on December 6, 2020 by admin

كتاب جديد أصدره الخبير في سياسة الطاقة رودي بارودي يحمل عنوان “النزاعات البحرية في شرق البحر الأبيض المتوسط: الطريق إلى الأمام Maritime Disputes in the Eastern Mediterranean: the Way Forward (مطبعة معهد…

Le droit de la mer offre une solution pacifique au litige gréco-turc

Posted on December 6, 2020 by admin

La Grèce et la Turquie se livrent à nouveau à un jeu dangereux sur l’île grecque de Kastellorizo, située à deux kilomètres des côtes turques. Si les deux pays sont depuis longtemps…

Oil prices face uphill struggle in 2021 despite vaccine progress: Reuters poll

Posted on December 3, 2020 by admin

Oil prices will struggle to gain upward traction next year as demand remains in the grip of the coronavirus pandemic despite growing optimism over vaccines and a likely extension of output cuts…

Opec faces seismic demand split as group plots next move

Posted on November 30, 2020 by admin

Bloomberg/London As Opec+ ministers gather virtually this week, the city that traditionally hosts their meetings will be locked down. But while the Austrian capital provides a dramatic example of how the second…

Turkey’s economy expected to grow 4.8% year-on-year in Q3

Posted on November 26, 2020 by admin

Reuters/Istanbul Turkey’s economy is expected to have grown 4.8% year-on-year in the third quarter of 2020, as expectations turned positive after data indicated strong performance, a Reuters poll showed yesterday, while GDP…

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