A tanker traveling from the Arctic region to Belgium with a cargo of Russian liquefied natural gas was instead sent to Israel at the last moment. The British Diamond changed destination just…
ليزيكو الفرنسية: صندوق قطر السيادي الأكثر فاعلية وانتشارا على الساحة الدولية
أكدت صحيفة ليزيكو الفرنسية أن صندوق قطر السيادي أصبح أكثر انتشارا على الساحة الدولية ويعمل على تعزيز أعماله والتركيز على الاستثمارات في الولايات المتحدة وآسيا في السنوات المقبلة، وفي قطاعات مثل التكنولوجيا…
America’s bipartisan climate-policy failure
By Mark Paul SARASOTA — US President Donald Trump’s anti-climate agenda is in full swing. His administration has already taken action 117 times to repeal or weaken climate regulations, and much more deregulation is…
Trade tensions put energy transition at risk, says BP chairman
LONDON (Reuters) – Trade tensions risk throwing the global economy’s transition to greener energy into disarray and could hurt energy companies’ preparations toward it, BP Chairman Helge Lund said as leaders of…
Europe’s tough emissions rules come with $39bn threat
Time is running out for car makers in Europe. Just six months out from stiff new emissions rules, the industry is facing up to an estimated €34bn ($39bn) in penal- ties as…
Saudi Arabian crude inventories sink to historic low
Riyadh’s production cuts to support the oil price have caused domestic stocks to plummet Saudi Arabia’s crude oil inventories have fallen under 200 mn bl for the first time in a decade…
Solar, storage and wind can keep us on track as far as 2030
With solar and wind power already the cheapest source of new power generation across two-thirds of the globe, analysts at Bloomberg New Energy Finance (BNEF) have predicted Europe will lead the race to decarbonize its grid….
Renewable Power Generation Costs in 2018
Renewable energy has become an increasingly competitive way to meet new power generation needs. This comprehensive cost study from the International Renewable Energy Agency (IRENA) highlights the latest trends for each of the…
Energy products are key inputs to global chemicals industry
Source: U.S. Energy Information Administration, based on World Input-Output Database Note: Dollar values are expressed in 2010 U.S. dollars, converted based on purchasing power parity. The industrial sector of the worldwide economy consumed more than…
Saudi Aramco allows sneak peek into its finances
The world’s focus, not surprisingly, has been on Saudi Aramco’s $111bn of net income recorded in 2018, making it the most profitable company in the world. But elements of the upstream story…