Energy

Saudi Arabia’s economy rose by nearly 10 percent in the first three months of this year. The news comes as oil prices rise around the world after the European Union proposed phasing out Russian oil and […]

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After it was grandly announced that Poland no longer needs Russian gas and would not buy it anymore, it continues to buy Russian natural gas from Germany via reverse flows, Russia’s energy giant Gazprom said […]

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Asked about the European Commission’s guidance on Russia’s plan, the Kremlin said on Tuesday without providing further clarification that Gazprom was in the process of implementing the presidential decree on enforcing gas supplies’ payments in […]

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Focusing on saving energy, sustainability, and importing energy from other countries might help the Netherlands plans to end its reliance on Russian gas by the end of 2022, the Dutch Climate Minister Rob Jetten said […]

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Signaling it would not pump more oil, OPEC warned the European Union on Monday that it would be impossible to replace the oil volumes lost as a result of the current and future sanctions on […]

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In order to counteract high gas prices, a senior administration official confirmed that the Biden administration will temporarily authorize the sale of gasoline with higher ethanol content over the summer. The Environmental Protection Agency (EPA) […]

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In its efforts to reduce dependence on oil and natural gas from Russia and other foreign suppliers following the invasion of Ukraine, Britain plans to build eight new nuclear reactors and expand the production of […]

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Faced with fuel shortages caused by American drivers who flock to stock up on cheaper fuel in the area, Mexico has been forced to cancel gasoline subsidies in regions bordering the United States, Mexico’s Finance […]

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As fears are rising that Russia could cut off gas supplies if Western countries refuse the rubles payments’ mandate, Germany declared on Wednesday an early warning of a possible gas supply emergency. Being considered preventative […]

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Saudi Arabia and Russia-led oil producers’ alliance OPEC+ plays a key role in maintaining the balance and stability of the oil markets, Saudi ministers stressed on Tuesday, urging the international community to assume responsibility for […]

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Germany has secured several hydrogen cooperation contracts with the United Arab Emirates (UAE) during vice-chancellor Robert Habeck’s visit to Abu Dhabi and can expect the first blue hydrogen shipments in the course of the year. […]

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Carbon emissions related to global energy rose to their highest level yet in 2021.  A new report published by the International Energy Agency (IEA) said global CO2 emissions from energy combustion and from industrial processes […]

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Following the US pressure on its allies on Tuesday to ban Russian oil imports as punishment for Moscow’s invasion of Ukraine, fears of energy war between Russia and the West emerged. As he pushed for […]

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A Russian aircraft carrying nuclear fuel for two Slovak nuclear power plants landed at Bratislava airport on the morning of March 1 despite the ban on Russian planes from entering Slovak airspace. Slovakian Economy Ministry […]

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The world’s largest oil company, Saudi Aramco sold a 49% stake in the gas pipeline business to an international investor consortium led by BlackRock. The consortium also includes Saudi Hassana Investment, Singapore’s Keppel Infrastructure Trust […]

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