Category: Oil
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China’s Surging LNG Imports From US Threatened by Next Trade War
(Bloomberg) — The US has boosted sales of liquefied natural gas to China this year, although the surge may not last if the incoming Trump administration collides with Beijing over trade. China imported 63% more of the super-chilled fuel from the US in the first 10 months of the year compared to the same period…
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COP29 Spotlight: Partnership Breakthrough Opens Global Carbon Markets To Middle East Projects
Ahya and Clover launch partnership at COP29 Ahya A groundbreaking partnership was launched at COP29 and is set to open the carbon markets in the Middle East and North Africa (the MENAP region) to international buyers. Ahya’s voluntary carbon marketplace, Tawazun, has partnered with Cloverly, a leading US-based voluntary carbon marketplace. This partnership seeks to…
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Sinochem may keep bankrupt refineries as auctions draw scant interest, sources say
Sinochem may keep three refineries in China’s Shandong province Published: Wed 20 Nov 2024, 3:30 PM Updated: Wed 20 Nov 2024, 3:31 PM A Sinochem logo in Beijing. — Reuters file Sinochem Group may keep three bankrupt oil refineries located in eastern China after auctions to sell them drew little interest from other companies, sources…
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Exclusive: Sinochem may keep bankrupt refineries as auctions draw scant interest, sources say
Sinochem may keep three refineries in China’s Shandong province Plants put up for auction after court declared them bankrupt Plants have combined capacity of 380,000 bpd SINGAPORE, Nov 20 (Reuters) – Sinochem Group may keep three bankrupt oil refineries located in eastern China after auctions to sell them drew little interest from other companies, sources…
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WTI Settles Above $69 Despite Market Volatility
by Bloomberg | Mia Gindis and Maggie Eastland | Tuesday, November 19, 2024 | 4:45 PM EST Oil edged higher after swinging between gains and losses as Russia’s war against Ukraine escalated while Iran agreed to stop producing uranium enriched close to the level at which it can be used in nuclear weapons. West Texas Intermediate…
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WTI Settles Above $69 Despite Market Volatility
by Bloomberg | Mia Gindis and Maggie Eastland | Tuesday, November 19, 2024 | 4:45 PM EST Oil edged higher after swinging between gains and losses as Russia’s war against Ukraine escalated while Iran agreed to stop producing uranium enriched close to the level at which it can be used in nuclear weapons. West Texas Intermediate…
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President-elect Donald Trump is poised to pick up where he left off – opinion
A strong US-Israel relationship benefits not only the Middle East but the world, and that will come when our enemies know messing with us is not worth the trouble. By JUDAH WAXELBAUM NOVEMBER 20, 2024 04:06 Updated: NOVEMBER 20, 2024 04:55 THEN-US PRESIDENT Donald Trump hosts Prime Minister Benjamin Netanyahu, as well as the foreign…
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Balancing on the Brink: Saudi Arabia’s Delicate Policy
Iran’s April 1 missile attack on Israel sparked a wave of unrest and added tension to the turbulent Middle East. Today, the region is closer to a full-scale war than at any point in the post-October 7 period. Warnings from Israeli officials of imminent retaliation and threats to Iran’s nuclear and oil facilities have made…
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Inside Trump’s Cabinet: Appointments And Front-Runners
President-elect Donald Trump has made a flurry of picks for his cabinet and other high-ranking administration positions following his election victory. Here are the early picks and top contenders for some of the key posts overseeing defense, intelligence, health, diplomacy, trade, immigration and economic policymaking. MARCO RUBIO, secretary of state Trump tapped US Senator Marco…
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Poly-crisis or poly-peace?
Leaders have the power to shape humanity’s global future. We are today confronted with a fracturing world. Humanity has enjoyed relative peace since World War II, but there is a sense now that we have entered a perilous time of upheaval. Some have begun to describe this moment in history as a poly-crisis – one…
