The IMF forecasts a 1.3% economic contraction across the Middle East, North Africa and Pakistan in…
Tag: energy markets
Renewables Challenge Asia’s LNG Power Expansion Plans
Geopolitical tensions, rising costs and equipment shortages have stalled several LNG power projects across emerging Asia.…
Asia’s Crude Imports Recover As Refined Fuel Supply Remains Tight
Asia’s crude imports are rising as Strait of Hormuz flows recover, but volumes remain below pre-conflict…
LNG Shifts From Just-In-Time Supply To Energy Security
Rising electricity demand and geopolitical risks are increasing LNG’s strategic importance in global energy security. Buyers…
Rise in Oil Prices as Investors Doubt US-Iran Peace Talks
Oil prices climbed on Friday as investors questioned the chances of a breakthrough in US-Iran peace…
Saudi Arabia, Russia Call for Energy Market Stability
Saudi Arabia and Russia have urged greater stability in global energy markets as conflicts in Iran…
Iraq Opens 11th Energy Exhibition to Advance Sector Development
Iraqi Prime Minister Mohammed Shia’ al-Sudani inaugurated the 11th Iraq Energy Exhibition and Conference on Saturday,…
Oil Slips as Weak US Demand Weighs on Markets
Oil prices appear poised to decline for the week. Weak demand signals in the United States,…
China Pivots in Africa: From Big Loans to Smart Energy Deals
China is now changing its energy strategy in Africa. The country is moving from massive loans…
Aramco Sees 4.6% Profit Drop Amid Rising Costs and Market Uncertainty
Saudi Arabian Oil Company (Aramco) reported a 4.6% decline in net profit for the first quarter…