G7 agrees oil price cap: reducing Russia’s revenues, while keeping global energy markets stable
The international Price Cap Coalition has finalised its work on implementing an oil price cap on Russian seaborne crude oil. EU Member States in...
Less Russian crude on the market may result in higher crude prices early next year
When the U.S. Treasury Secretary proposed capping the price of Russian export oil to curb Moscow’s revenues, oil prices spiked. And Russia’s reaction was...
Quiet panic: “We don’t know how oil market is going to function after a certain date”
“How will the market react to the attempts by politicians to rig supply and price?” asks “The Financial Times” in an article “The week...
Best Practice: Why Going Green Is Best for Business
Why Going Green is Best for Business
Over recent years, more companies have turned their attention to becoming greener and more environmentally friendly. But once...
Accelerating private sector investment in large-scale Renewable Energy
Following its 2020 edition, the Economic Policy Dialogue series (EPD) is back with six new sessions that will run until June 2023. Organized by the United...
World Bank Group Announces International Low-Carbon Hydrogen Partnership
Today, on Energy Day at COP27, the World Bank Group announced the creation of the Hydrogen for Development Partnership (H4D), a new global initiative...
EU leaders accuse US natural gas producers of profiteering
European leaders are unhappy with natural gas prices. Some leaders are insisting that the EU impose a price cap on all natural gas imports,...
Iran plans to build 8 new petro-refineries
Iranian Oil Ministry is planning to establish eight new petro-refineries in collaboration with the private sector, aiming to double production in the oil and...
Supercharging growth of solar and wind is vital but not enough on its own
The world must move quickly to reduce carbon dioxide emissions from coal significantly in order to avoid severe impacts from climate change, a new...
New Google search tool spotlights IEA information on energy crisis
The first truly global energy crisis has many people asking questions about energy savings and affordability. In the United Kingdom, a year ago just...