Blog
LNG MARKET FACES DISRUPTION AS RED SEA CLOSURE FORCES RISKY DETOURS.
The global LNG market has grown increasingly fragile, with price spikes becoming more likely due to imbalances between supply and demand.
- 2 years
NETHERLANDS PLACES MOROCCO AMONG TOP DESTINATIONS FOR HYDROGEN IMPORTS.
European countries are actively seeking agreements and memoranda of understanding to import hydrogen from Morocco as part of their green energy plans. According to data from the Washington-based Specialized Energy Platform, Morocco's Minister of Energy Transition and Sustainable Development, Leila Benali, signed an action plan with Dutch Minister Rob Jetten.
- 2 years
DEWA PARTNERS WITH POWER CHINA TO PROMOTE SUSTAINABLE ENERGY SOLUTIONS.
Dubai Electricity and Water Authority (DEWA) continues to bolster Dubai's status as a global leader in clean energy and green economy by partnering with major international companies to enhance the efficiency of electricity and water production and integrate the latest technologies across all its facilities and projects.
- 2 years
ASIAN REFINERS DIVERSIFY AWAY FROM MIDDLE EASTERN OIL.
Asian refiners are decreasing their intake of crude oil from the Middle East, opting instead for supplies from the United States and Brazil. This shift is driven by shrinking refining margins and rising Saudi oil prices, even as global benchmarks remain relatively stable.
- 2 years
SOUTH SUDAN'S OIL IS IN TROUBLE AND CONTROVERSY OVER AN EMIRATI DEAL FOR $13 BILLION.
Oil production in South Sudan dropped to 60,000 barrels per day in April, a decline from 70,000 barrels per day in March and significantly lower than the 150,000 barrels per day recorded in February.
- 2 years
USA: OIL TICKS HIGHER ON INVENTORY DRAW.
Crude oil prices rebounded slightly following the Energy Information Administration's report of a 2.5-million-barrel inventory decrease for the week ending May 10. This shift contrasts with a minor 1.4 million barrel draw the previous week and an unexpected 3.1-million-barrel decrease reported by the American Petroleum Institute earlier.
- 2 years
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