Has COP27 made a difference?
By Charles Ellinas When it comes to the main objective of COP summits, to stabilize greenhouse gas concentrations ‘at a level that would prevent dangerous...
Energy
Oil dips on OPEC+ uncertainty; easing China COVID curbs limit losses
Oil prices dipped in Asia trade on Thursday as uncertainty lingered ahead of Sunday’s OPEC+ meeting, though easing COVID curbs at the world’s top crude...
Venezuelan oil exports flow using false documents, ships linked to Iran
When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality certificates for its cargo stating it...
Aramco discovers two new Saudi gas fields
Saudi Arabia’s energy minister said Saudi Aramco had discovered two new natural gas fields, Awtad and AlDahna, in the country’s eastern region, state news agency...
Supreme Court deems VAT reduction unconstitutional
The full bench of the Supreme Court on Wednesday decided the law on reducing VAT for electricity is unconstitutional, as it violates the separation of...
Britain’s energy watchdog proposes power price controls
Britain’s energy watchdog has proposed price controls for electricity distribution network companies for the next five years that it said would drive investment in homegrown...
Oil rises as market weighs OPEC+ supply rebalance
Oil rebounded on Tuesday after falling to more than 11-month lows in the previous session, as investors weighed a potential output adjustment from the major...
Anastasiades: EU should up its support for natgas supply network to free itself from Russian gas
Cyprus could supply the European Union with natural gas much earlier, if Brussels strengthened its support for the development of the supply infrastructure, President Nicos...
Are we heading towards a long-term energy crisis?
By Andreas Charalambous and Omiros Pissarides During the period 2010-2020, the prices of conventional forms of energy (coal, oil, natural gas) remained at historically...
Oil up as markets weigh China demand concerns, Russia price cap uncertainty
Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and haggling over a Western...
