The European IPO market is unlikely to see any new candidates until after the summer, as political uncertainty has roiled markets, bankers said. This week Italian luxury sneaker brand Golden…
Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners’ costs with a likely knock-on effect…
Corruption in Venezuela’s oil industry is a many-headed monster that has devoured billions of dollars in taxpayers’ money in the past 20 years, experts say. Long the country’s only notable…
The public at large has spoken, as independents backed by Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) have emerged as the largest political group in the 2024 elections despite all the pre-poll…
Mounting maritime security threats off Yemen’s coast have stalled work on scrapping a decrepit oil tanker, officials have told AFP, jeopardising a rare success story in the war-torn country. The…
An agreement to “transition away” from fossil fuels may be a landmark moment but don’t expect quick changes among the major producers of the Gulf, where the deal was hammered…
On October 19, 1973, immediately following the Nixon administration’s affirmation of a $2.2 billion military aid package to Israel in the aftermath of the Yom Kippur War, Arab states responded…
Russian crude oil producers are enjoying the cheapest costs to ship to refiners in China and India in almost a year thanks to a growing number of vessels plying the…
Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude production cuts, highlighting its still heavy reliance on oil as reforms to diversify…
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman earlier this month outlined one of the biggest reforms at OPEC in recent years and presented it as a reward for countries…
