by Contributed | Oct 31, 2022 | Blog
Saudi Arabia and the United Arab Emirates said the world needs higher oil production on Monday, just days before the COP27 climate summit aimed at curbing global warming. Saudi Arabia’s energy minister said the neighbouring Gulf countries were increasing...
by Contributed | Sep 28, 2022 | Blog
Equities and crude prices fell, while the dollar held at multi-year highs Wednesday as recession fears mount, while traders are also growing increasingly concerned about tensions with Russia after it declared victory in controversial Ukraine annexation polls....
by Contributed | Sep 14, 2022 | Blog
China’s repeated Covid lockdowns and a slowdown in developed economies are weighing on the growth of global oil demand this year, the International Energy Agency said Wednesday. The deceleration of demand for crude is partly offset by a switch from gas to oil...
by Contributed | Sep 14, 2022 | Blog
By Daniel Lawler Around 200 health organisations and more than 1,400 health professionals on Wednesday called for governments to establish a binding international treaty on phasing out fossil fuels, which they said pose “a grave and escalating threat to human...
by Contributed | Sep 12, 2022 | Blog
The UN urged EU countries on Monday to continue battling climate change and not resort to more fossil fuels in their response to soaring energy prices and fears of winter shortages. Russia has reduced supplies of gas to Europe since its invasion of Ukraine, sending...