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Oil and Gas

Demand for oil, gas, coal will peak by 2030, says IEA chief

by Lotfi Akalay

Fatih Birol, Executive Director of the International Energy Agency (IEA), poses for a photograph during an interview with AFP at the Africa Climate Summit 2023 at the Kenyatta International Convention …

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Europe faces prospect of higher gas prices this winter

by Lotfi Akalay

Aerial view of the LNG storage and vaporization vessel “Höegh Esperanza” at the Wilhelmshaven LNG terminal. Picture Alliance | Picture Alliance | Getty Images Energy analysts are warning of more …

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Western sanctions on Russia could push BRICS alliance closer: APPEC

by Betti Alver

A general view of flags of (From L to R) South Africa, Brazil, Russia, India and China during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg on …

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Germany is the ‘sick man of Europe’ — and it’s causing a shift to the right, top economist says

by Lotfi Akalay

Germany is once again the “sick man of Europe,” according to Hans-Werner Sinn, president emeritus at the Ifo institute, and the challenges that poses, particularly in terms of the country’s …

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ADNOC to spend over $1 billion a month on oil and gas for years, Global Witness says

by Lotfi Akalay

Sultan Al Jaber, chief executive of the UAE’s Abu Dhabi National Oil Company (ADNOC) and president of this year’s COP28 climate summit gestures during an interview as part of the …

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European prices jump as strikes start at Australia LNG facilities

by Betti Alver

Liquefied natural gas (LNG) storage units at Grain LNG importation terminal, operated by National Grid Plc, on the Isle of Grain on August 22, 2022 in Rochester, England. Dan Kitwood …

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Saudi Arabia to extend voluntary cut of 1 million barrels per day until the end of the year

by Lotfi Akalay

Oil prices eased in Asian as concerns over slow demand from top crude importer China grew after bearish trade and inflation data, outweighing fears over tighter supply arising from output …

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European gas prices could spike amid a dispute at Australia facilities

by Lotfi Akalay

Liquefied natural gas (LNG) storage units at Grain LNG importation terminal, operated by National Grid Plc, on the Isle of Grain on August 22, 2022 in Rochester, England. Dan Kitwood …

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India importing Russian oil is win-win for global economy, says ONGC

by Lotfi Akalay

Oil storage tanks in Tuapse, Russia, on Sunday, March 22, 2020. India’s imports of Russian crude is a win-win situation for the world’s economy, said Oil and Natural Gas Corporation. …

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Airlines warn about spike in fuel costs, Southwest narrows revenue outlook

by Leila Aboulela

A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan …

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