More: Energy
Russian Finance Minister: We will look for new markets for Russian oil away from the West
Russian Finance Minister Anton Siluanov in an exclusive interview with Saudi TV-channel ‘Al Sharq’ said the United States is the main beneficiary of Western...
World’s coal consumption is set to reach a new high in 2022 as the energy crisis shakes markets
Global coal demand is set to increase only marginally in 2022 but enough to push it to an all-time high amid the energy crisis,...
Tectonic shift in the Gulf: Arab states moving away from the US and towards China
The capacity of the great powers to pursue their own agenda in the West Asian region is diminishing while the role of the leading...
Oil and gas in yuan could threaten the dollar’s global dominance
At a summit with Arab leaders China's President Xi Jinping said China will continue to import large quantities of oil and gas from Gulf...
Xi’s Visit to Saudi Arabia: New Horizon of Cooperation
At a time when Washington’s relations with Riyadh appear to be deteriorating, Saudi Arabia and China have reiterated their collaboration on the global oil...
Nigerian Oil crisis and its implications on businesses
The oil rich African nation of Nigeria has 218 million inhabitants. Oil was first discovered in Nigeria in 1956. The country has proven crude...
Impact of Russia’s invasion of Ukraine on global energy situation
Background
Russia and Ukraine are major players in the global energy markets, in fact Russia is one of the world’s top three crude oil producers....
Germany amidst Russia-Ukraine conflict: The Dilemma of Energy, Environment and Politics
The so-called “special military operation” of Russia in Ukraine has been implemented for more than nine months by the time this paper is written....
Greek shipowners do not care about the boycott of Russian oil
European sanctions against Russian oil will only lead to higher prices, it will hit the pocket of the end consumer, says Nicolas A. Vernicos, the largest...
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...