Libya’s oil output recently slipped again after it had already increased since April this year. The current fall in oil production had been caused by
Category: Energy
Libya Resumes Selling Oil from Rebel-Controlled Terminals
The Libyan National Oil Corp (NOC) has “freed” the first crude oil from the major oil terminal Ras Lanuf located in the east of the
Iran’s Main Oil Firm off Blacklist but still EU-Sanctioned
Iran’s main oil tanker company, NITC, remains to be sanctioned by the European Union, which is why it can neither call at European harbours nor
Global Oil Demand to Accelerate Next Year
Global oil demand will expedite next year as the global economy resumes its growth. The demand will again encounter not only increasing growth rates across
UN : How to Avoid a Climate Disaster
The United Nations was presented with an action plan to avoid a climate disaster. The study recommends specific measures for the world’s biggest economies to
Shell Fails to Find Gas in Saudi Arabia
Royal Dutch Shell has returned empty handed from its exploration campaign targeting natural gas reserves in the deserts of Saudi Arabia. According to Andrew Brown,
EU’s Structural Energy Funding to Broker 2030 Climate Goals
European structural funding for energy efficiency and renewable energy projects has gone up by 40 percent to approximately 38-39 billion EUR and could be used
Future of Tanzania’s Oil and Gas Revenues in Doubt
The expectations of the potential of natural gas in Tanzania have skyrocketed with many observers seeing natural gas to end aid dependency and fiscal troubles
Dealing with Egypt’s Energy Subsidy Monster
Mohamed Shoeib, CEO of the energy division at Citadel Capital, thinks that subsidies that countries like Saudi Arabia provide Egypt with are not a solution
Investment in Renewables to Expand by 2030
It is expected that investment in renewable energy sources might account for up to two thirds of the 7.7 trillion in investment forecast for constructing