Category: petroleum
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International Court Releases Detailed Hearing Schedule For Climate Change Opinion
THE HAGUE, NETHERLANDS – APRIL 09: A general view of the hall in a public hearing at the … [+] International Court of Justice (ICJ) in The Hague, the Netherlands on April 09, 2024. T (Photo by Dursun Aydemir/Anadolu via Getty Images) Anadolu via Getty Images The International Court of Justice has released the detailed…
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The Unmistakable Backdrop of COP29
Advertisement SKIP ADVERTISEMENT It smells like gasoline at the United Nations climate change conference here in Baku, Azerbaijan. The precise source of the odor isn’t entirely clear. Yet the lingering scent of petroleum is a visceral reminder of the daunting task at hand: international negotiators gathering in this petrostate are trying to wean the world…
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Donald Trump’s gonna get slick with oil-sell
Donald Trump‘s return to the White House could ripple through India’s energy sector in two distinct ways: by reshaping bilateral energy ties, and by altering the broader currents of the global oil and gas market. During Trump 1.0, India’s energy ties with the US deepened. The latter received its first US crude shipment in 2017…
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Avoiding War
Over fifty years ago, in October 1973, the largest energy crisis in history erupted. It was provoked by an oil embargo imposed by members of the Organization of Arab Petroleum Exporting Countries (OAPEC), as well as Egypt and Syria. The embargo was targeted against the United States and its allies who were assisting Israel in…
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Energy Geopolitics in a Fragmented World: A Comparative Analysis of Europe and the Middle East
With ongoing geopolitical risks affecting global supply chains and market stability, energy security has become a central concern for nations worldwide in their policy considerations. Energy demands are increasing, and the supply of essential resources, including oil, natural gas, and electricity, is facing new threats as the world continues to recover from the aftermath of the…
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Trump election neutral for Chinese oil demand as Beijing looks inward
For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Subscribe Now Donald Trump’s US election win is unlikely to hit Chinese oil demand despite concerns about the impact of a potential escalation in the US-China trade war on the latter’s economy, several market sources told S&P Global Commodity Insights,…
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As COP 29 convenes, Human-Caused Climate Change Menaces the Middle East Across Borders
Ann Arbor (Informed Comment) – The European Centre for Development Policy Management has issued a new report on the threats of human-caused climate change to the Middle East and North Africa (MENA) region, concentrating on cross-border dangers that affect more than one country. Heat and drought would rank high on this list. The Middle East…
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Here are the people Trump has picked for key positions so far
President-elect Donald Trump is starting to fill key posts in his second administration, putting an emphasis so far on aides and allies who were his strongest backers during the 2024 campaign. Here’s a look at who he’s selected so far. Wiles, 67, was a senior adviser to Trump’s 2024 presidential campaign and its de facto…
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Oil Drops for Second Day With China Outlook and Demand in Focus
(Bloomberg) — Oil fell for a second day as a soft outlook in top importer China continued to plague the market. Brent traded below $74 a barrel after losing more than 2% on Friday, while West Texas Intermediate was close to $70. Data at the weekend showed anemic Chinese consumer inflation in October, while factory-gate…
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Oil Players Eagerly Anticipating What Lies Ahead After Trump Win
Following President Donald Trump’s impending return to the White House, oil market participants are eagerly anticipating what lies ahead. That’s what an oil market update from Mukesh Sahdev, Rystad Energy Global Head of Commodity Markets – Oil, stated, adding that the U.S. political system is at a tipping point. “Donald Trump’s second term [is] poised…