Washington, United States - President-elect Donald Trump on Monday threatened to impose a 100 percent tariff on the BRICS group nations...
ran's foreign ministry Tuesday slammed as unjustified the new sanctions by the European Union and Britain against Tehran over its...
The Czech prime minister, whose country holds the rotating EU presidency, said the bloc may look at sanctions on Belarus...The EU has imposed sweeping sanctions against Russian industry and individuals.
Certain sanctions against Belarus are already in place, but EU can't have Belarus joining Russia's policy, says the Czech prime minister.
BP, flush with cash, revealed a $2.5 billion share buyback.Profits were weaker than the second quarter due to a dip in oil prices.
BP is meanwhile seeking to pivot towards cleaner energy and away from fossil fuels.
The global primary energy demand is forecast to continue growing in the medium and long-term, increasing by a significant 23%...The global primary energy demand is forecast to continue growing in the medium and long-term, increasing by a significant 23% in the next 23 years
Globally, oil demand is projected to increase from almost 97 million barrels a day (mb/d) in 2021 to around 110 mb/d in 2045
More than a year after it took power, Taliban has failed to curb opium poppy cultivation in the country as...According to the Vienna-based UNODC, the 2022 poppy crop was also "the most profitable in years"
The income made by farmers from opium sales more than tripled from $425 million in 2021 to $1.4 billion in 2022, the report said
- The global financial institution said higher oil receipts supplemented with a gradual non-oil recovery in the Emirates will bolster fiscal...
The global financial institution said higher oil receipts supplemented with a gradual non-oil recovery in the Emirates will bolster fiscal revenue
The bank expects the real GDP to moderate to 4.1 percent in 2023 as slower global demand may dampen growth due to tightening financial conditions
- His comments came days after oil giants ExxonMobil and Chevron reported bumper earnings, reflecting how a surge in crude prices...
Biden said companies have a "responsibility to act" beyond the narrow self-interest of executive shareholders
Hefty profits reported earlier by TotalEnergies and Shell have also reignited a European debate on windfall profits taxes
The war raging in Ukraine and other overlapping crises are taking a toll on labor markets worldwide, the UN said,...In a fresh report, the International Labor Organization cautioned that the outlook for global labor markets has deteriorated in recent months.
It also warned that excessive policy tightening could cause "undue damage to jobs and incomes in both advanced and developing countries."
Saudi Arabia and the United Arab Emirates said the world needs to keep investing in oil production, just days before...Sultan Al Jaber, the head of UAE oil giant ADNOC, warned that under-investment could cause a shock to the world economy
Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said the Gulf countries were both increasing production capacity.
- ABU DHABI, UAE - President Sheikh Mohamed bin Zayed Al Nahyan Monday received President of the Kyrgyz Republic Sadyr Japarov,...
UAE and Kyrgyzstan affirmed their common interest in enhancing bilateral relations.
The meeting explored various opportunities of the UAE- Kyrgyz friendship and affirmed to further cooperation in economy, trade.
Despite soaring inflation and murky economic prospects worldwide, the IMF maintained its projection of 5.0 percent growth for the region...MENA region varies wildly, from low-income states growing at just 0.8 percent to the wealthy Gulf monarchies that are running at 6.5 percent growth.
"Almost two-thirds of the non-oil countries in the region are witnessing a gradual slowdown," he said, presenting the IMF's latest report which includes Iran but not Israel.
