News
Malaysian Fuel Subsidies Ease Inflation, Claims Economist
An economist describes the current situation in Malaysia as "enviable" due to the fact that fuel subsidies have protected households...
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55 MoUs And Deals Boost Aramco Namaat Industrial Programme
A huge expansion of the Namaat industrial investment strategies has been announced by the Saudi Arabian Oil Company (Aramco), with...
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EU Rules For Green Gas And Nuclear Investment Coming Up
On July 6th, European lawmakers will decide whether to accept or reject ideas that have divided governments and investors about...
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From 27% In 2021, S.Korea To Push Nuclear Mix To 30% By 2030
The industry ministry announced on July 5th that South Korea intends to expand the share of nuclear power in the nation's...
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Russian Gas Supply Limits Forcing Coal Return In Europe
Some European countries are rethinking the use of coal, one of the dirtiest and most polluting energy sources, due to...
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Oil purchases by China and India could exceed US estimates
According to one of President Joe Biden's economic advisers, China and India may be purchasing more Russian oil than the...
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Biden Says Far Above Normal Refinery Profitability Not Fair
President Joe Biden called on U.S. oil refining businesses to increase production on June 15th, saying that customers should not...
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Oil Supply Is Expected To Trail Behind Demand Next Year
Following 3 years of COVID-19 lockdowns and the economic catastrophe of the Ukraine crisis, global oil demand will surge above...
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Central American Development Bank Grants $800mn Loan On Fuel Relief
On June 3, a Central American development bank announced that it had authorised an $800 million credit to protect local...
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Russia Counters EU Oil Ban Vowing It Will Find Other Buyers
Shortly after the world's largest trading bloc agreed to put a partial embargo on Russian crude, Moscow committed to finding...
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