According to reports quoting three sources in the oil cartel OPEC, China, the world’s largest crude oil importer, was unsure if it would release oil from its reserves as demanded by the United States, and OPEC producers were not considering… Read More ›
With the aim of gaining more benefits from its exports of minerals such as cobalt and copper, the Democratic Republic of Congo has developed plans for focusing on developing a domestic industry to manufacture battery capacity, said the country’s government… Read More ›
Almost 2 million workers in Europe’s largest economy will get significant wage increases. Following protracted coalition discussions, three German political parties agreed to create a new government on Wednesday, with left-leaning Social Democrat Olaf Scholz expected to succeed Angela Merkel… Read More ›
The chairman of the world’s largest energy authority has criticized “artificial tightness” in energy markets for failing to take a supportive stance to calm skyrocketing oil and gas prices. ″[A] factor I would like to underline that caused these high… Read More ›
In a statement the U.S. Federal Communications Commission (FCC) said, it has asked a federal appeals court to reject China Telecom Corp’s bid to continue providing services in the United States after it revoked authorization for the Chinese company to… Read More ›
In a significant development that once again casts a shadow on the concept of the European Union, Poland’s Constitutional Tribunal ruled that the European Court of Human Rights has no power to question its appointment of judges. The ruling by… Read More ›
The United Arab Emirates and Turkey have signed agreements worth billions of dollars in investments in areas ranging from energy and technology following talks between Turkish President Tayyip Erdogan and Abu Dhabi’s Crown Prince Sheikh Mohammed bin Zayed al-Nahyan. The… Read More ›
In a statement, the US Department of Energy said, the United States has launched an auction for 32 million barrels of crude from four strategic petroleum reserves (SPR) sites which will be delivered between late-December and April 2022. Washington’s sale… Read More ›
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