Europe makes sharp U-turn from green energy – Qatar energy minister
QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Thursday that skyrocketing energy prices are “weighing painfully” on the global economy, dampening support...
Energy
Oil poised for weekly gain on prospect of OPEC+ output cut, weaker dollar
Oil prices were little changed during Asian trade on Friday, though headed for their first weekly gain in five weeks, underpinned by a weaker US...
Energy crisis sires new European order: a strong Italy and ailing Germany
In the weeks after Russia’s invasion of Ukraine on Feb. 24, Claudio Descalzi, CEO of Italian energy major Eni (ENI.MI), embarked on a whirlwind of...
TurkStream gas pipeline says Netherlands withdraws licence, to continue gas exports
The Russian-owned operator of the TurkStream gas pipeline said on Thursday that the Netherlands had withdrawn its export licence, but it will continue gas transportation,...
Oil slips after hitting $90/bbl as OPEC+ considers output cut
Oil prices dropped after touching the $90 per barrel mark on Thursday as traders awaited clarity on potential OPEC+ cuts next week and as the...
IEA Birol: “very obvious” who was behind the Nord Stream sabotage
Fatih Birol, head of the International Energy Agency (IEA), said on Thursday it was “very obvious” who was behind the suspected sabotage against the Nord...
Oil price dips as dollar strengthens, demand weakens
Oil prices retreated slightly on Thursday after gaining more than $3 in the prior session, with a strong dollar capping oil demand from buyers using...
Cyprus wants exemption from EU’s mandatory energy reduction target
Cyprus will request specific exemptions from the measures concerning the mandatory reduction of energy demand during peak hours, as well as the imposition of a...
Oil prices slip as dollar scales new peak
Oil prices fell more 1 per cent on Wednesday, pressured by a strengthening dollar and crude storage builds that offset support from US production cuts...
Oil rises as focus turns to possible supply cuts
Oil prices rose more than 1 per cent on Tuesday, after plunging to nine-month lows a day earlier, amid indications that producer alliance OPEC+ may...
