After decades, China sputters as engine of global oil demand growth
China’s crude oil imports are on track to peak as soon as next year as transport fuel demand begins to decline for the world’s top crude buyer, ending the country’s…
Spoiling the youth potential
POLITICAL parties in Pakistan generally do not have a plan to engage the youth in constructive activities to capitalise on their potential. The exception is the PTI, which has mobilised…
Political turmoil & reset for unity
As one of nine nuclear-armed states of the world, Pakistan plays a significant role in regional geopolitics. However, consistently plagued by political instability, it has been facing multiple challenges on…
Azerbaijan says ‘God-given’ oil and gas will help it go green
Flames soar into the air from a sandstone outcrop on a hillside on the Absheron peninsula near Baku, the capital of Azerbaijan, as it prepares to host the COP29 climate…
Boiling point
ANOTHER heatwave, another slew of alarming headlines. We are better prepared than we were in 2015, when over 2,500 people lost their lives to soaring temperatures. Public awareness has improved,…
‘Global boiling’
THIS year’s Haj turned tragic as over 1,300 pilgrims succumbed to soaring temperatures, which reached a blistering 51.8 degrees Celsius. This calamity marks a new chapter in the saga of…
Save soil, save life
SOIL is our lifeline. It sustains life with a variety of foods, holds and filters water to provide us with clean and safe potable water and maintains ecological balance by…
Created in toil
EVERY individual, male or female, born in this material world has to have their share of toil. According to the Holy Quran, man is created in toil (90:4). Toiling (the…
BP drops oil output reduction target in strategy reset
BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence, three sources…
Brent oil traders use little known rule to reroute US cargoes
Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute US shipments from Europe, in a practice that raises…
