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Month: July 2022

Category:
  • Nuclear

IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Prices

Gas Prices Around the World Threaten Livelihoods and Stability

“NO ES SUFICIENTE” — It’s not enough. That was the message protest leaders in Ecuador delivered to the country’s president this past week after he said he would lower the price of Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Turkey

Turkish Inflation Quickens Less Than Expected to 78.62%

Pedestrians in a shopping zone in the Kizilay district of Ankara. Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey’s inflation accelerated Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudis Unwilling To Upset Putin As Biden Begs For More Crude

The United States is calling on Saudi Arabia to increase oil production. Saudi Arabia has maintained its OPEC+ output agreement, refusing to ramp up production. The Kingdom is still maintaining Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Iraq

Baghdad court rejects Kurdistan’s delay tactics in lawsuit against IOCs

 Baghdad court dealt a setback Sunday to the Kurdistan Regional Government’s (KRG) legal strategy of attempting to delay a federal lawsuit against seven international oil companies (IOCs) operating in Kurdistan. Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Pakistan
  • Russia

Pakistan ponders Russian crude imports, seeks input from refiners

The Pakistani government has asked its refineries to provide feedback on importing attractively-priced Russian crude in an effort to soften the blow from a ballooning import bill, joining a list Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Iran

Iran ready to raise output as market may face shortage in next few months

Iran, whose energy trade is pressed by US sanctions, is ready to pump more oil as the world needs the crude to balance supply and demand and calm prices before Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Iran

Iran Slashes the Cost of Its Oil to Compete With Russia in China

 Bloomberg News Iran is being forced to discount its already cheap crude even more as a top ally gains a bigger foothold in the key Chinese market. China has become Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria lost $1 billion in Q1 revenue to crude oil theft

 Nigeria lost $1 billion in revenue during the first quarter of this year due to crude oil theft, the petroleum regulator said on Friday, warning the practise was a threat Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Sri Lanka

Sri Lanka energy minister warns petrol stocks about to run dry

Sri Lanka’s energy minister has issued a stark warning over the country’s fuel stocks as it faces its worst economic crisis in more than 70 years. On Sunday, Kanchana Wijesekera Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple

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