Analysis

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COP 27 brings together Egypt and Israel

COP 27 brings together Egypt and Israel

Israel and Egypt seem to be considering different ways to promote cooperation in technology and investments, while increasing their trade exchange

Saudi Arabia and Thailand sign landmark agreements on energy

Saudi Arabia and Thailand sign landmark agreements on energy

Crown Prince Mohammed bin Salman’s visit to Bangkok this week has had more of an impact than just forging a bond between the two kingdoms — it touched the sentiments of Thais, spurring hopes of a fruitful and lasting relationship. …

Egypt dims the lights in Cairo to free up more gas for Europe

Egypt dims the lights in Cairo to free up more gas for Europe

The Egyptian government started this summer to direct the scaling back of domestic electricity consumption, reducing lighting in some streets, squares and other public areas, as well as in shops and government buildings. The aim is to try to …

India power binges on coal, outpaces Asia

India power binges on coal, outpaces Asia

India's coal-fired power output has increased much faster than any other country in the Asia Pacific since the beginning of the crisis in Ukraine, underscoring the challenges the world's third-largest greenhouse gas emitter faces …

Bets on $200 oil surge as traders eye extreme volatility

Bets on $200 oil surge as traders eye extreme volatility

A week ago, the U.S. Energy Information Administration cut its crude oil demand outlook for 2023 by 320,000 bpd, with supply also falling, by 300,000. This week, OPEC also revised down its oil demand forecast for next …