There is just no accounting for climate change. This statement is not figurative, in the way “There’s no accounting for taste” is figurative. There’s literally no common accounting for what Continue Reading
Aramco is considering the sale of a stake in its vast natural gas pipeline network to help free up cash and draw more international investors to Saudi Arabia, people familiar Continue Reading
Saudi Arabia could save some $200 billion over the next ten years by switching from crude oil to natural gas and renewables for electricity production, Reuters reports , citing the Continue Reading
After falling below 1 million barrels per day (bpd) last week, Libya’s oil production could be set for recovery above that mark again, as the National Oil Corporation (NOC) said Continue Reading
A drone attack set an oil tanker off the Syrian coast on fire, the country’s oil ministry said as quoted by various media, adding that it suspected the attack came Continue Reading
Libya’s crude output could rebound in the coming days after the state-owned National Oil Corporation lifted force majeure on exports out of the eastern Marsa el-Hariga terminal on April 26. Continue Reading
Saudi Arabia is closer to developing 3.3 GW of solar capacity up from only 300 MW currently operational as plans were announced earlier this month for seven projects, according to Continue Reading
Turks will be required to stay mostly at home under a nationwide “full lockdown” starting on Thursday and lasting until May 17 to curb a surge in coronavirus infections and Continue Reading
Given the ongoing imbalance between global oil supply and demand in the wake of the major waves of Covid-19 that hit the world last year, news that Libya is now Continue Reading
France’s supermajor Total declared force majeure on Monday on its US$20-billion liquefied natural gas (LNG) project in Mozambique following recent Islamist militant attacks in towns close to the site. The Continue Reading
