IT News

Oil prices jump after clashes between Israel and Hamas

Oil prices surged more than 2% on Monday,  October 9th, as military clashes between Israel and Hamas…

G20 countries fail to reach agreement on cutting fossil fuels

The Group of 20 (G20) major economies failed to reach consensus in India on phasing down fossil…

Indian refineries start yuan payments for Russian oil

Western sanctions over Russia's invasion to Ukraine have changed global trade flows for the Russian…

OPEC+ countries extend a deal to cut production into 2024

OPEC+, comprised of the Organization of the Petroleum Exporting Countries and allies led by Russia,…

Solar power investment expected to overtake oil for the first time

This year, global investment in solar power is expected to overtake investment in oil exploration…

Erdogan said Turkey will pay for some Russian gas in rubles

On Friday August 5, the Russian and Turkish presidents met in Sochi. A day after the meeting,…

Bulgaria and Greece plan joint gas deliveries for Southeastern Europe

 Bulgaria used to cover over 90% of its gas needs with Russian imports. On 27 April it saw its gas…

Uncertainty on oil markets

Experts expect uncertainty on oil markets in the near future, because of the ongoing war between…

Oil prices surge to highest since 2008

Oil prices have soared to their highest since 2008 due to delays in the potential return of Iranian…

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