(MENAFN – Gulf Times) Top executives at China’s leading energy companies are set for a power shake-up as the nation takes steps to reorganise and revamp its leadership and energy infrastructure. The…
The Truth About the Trump Economy
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…
Oil prices likely to stay around $65-$70 through 2024
LONDON (Reuters) – Long-term expectations about oil prices remain firmly anchored around $65-70 per barrel, according to the latest annual survey of energy professionals conducted by Reuters. Plentiful supplies from U.S. shale…
Putin’s pipelines to power
Over the last year, predictions of serious struggles for Russian President Vladimir Putin – or even his political demise – have been increasingly frequent. A recent article in The Economist, “An awful week for Vladimir…
Climate change and gender top aid agencies’ 2020 to-do list
We asked 10 organisations which two key issues they would focus on in the coming year By Emma Batha LONDON, Dec 30 (Thomson Reuters Foundation) – Tackling climate change and addressing violence…
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…
New era of offshore gushers portends flood of oil amid glut
The world’s most-ambitious oil drillers are opening a new exploration frontier at perhaps the worst possible time. With a slew of large discoveries off South America’s northeast coast, Exxon Mobil Corp, Hess…
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…
New ‘smart cities’ seen contributing heavily to Qatar’s realty development
The emergence of new smart cities in Qatar as part of urban development is “contributing heavily” to the advancement of real estate to “record levels” even on a global scale, a new…
Coal’s Familiar Foes Set to Pull Down Prices in Europe This Year
European coal faces another depressing year as natural gas floods the region and clean-energy policies reduce demand for the dirtiest fossil fuel. Coal use across seven European economies fell to historic lows…