Saudis Say US Sought 1 Month Delay of OPEC+ Production Cuts
Saudi Arabia says that the U.S. had urged the kingdom to postpone a decision by OPEC and its allies — including Russia — to cut oil production.
Saudi Arabia says that the U.S. had urged the kingdom to postpone a decision by OPEC and its allies — including Russia — to cut oil production.
Russian President Vladimir Putin has proposed turning Turkey into a gas hub for Europe after deliveries to Germany through the Nord Stream pipeline were halted.
NATO Secretary-General Jens Stoltenberg says Russia would be crossing a “very important line” if it used nuclear weapons in Ukraine.
Spanish Prime Minister Pedro Sánchez has announced 3 billion euros in subsidies to help people weather high gas and electricity prices exacerbated by Russia’s invasion of Ukraine.
India’s renewables sector is booming, with the country projected to add 35 to 40 gigawatts of renewable energy annually until 2030, enough to power up to 30 million more homes each year, a report said Thursday.
French President Emmanuel Macron is promising that the situation in the country’s gas stations will soon be back to “normal.”.
The German government has slashed its growth forecast for this year and predicted that Europe’s biggest economy would shrink in 2023 as Germany deals with the fallout from Russia’s war in Ukraine including Moscow cutting off natural gas supplies.
European leaders are turning to Africa for more natural gas as they try to replace Russian energy amid the war in Ukraine.
Two of New Zealand’s largest ski areas have been placed into a type of bankruptcy proceeding following a disastrous winter season with barely any snow.
The International Monetary Fund is downgrading its outlook for the world economy for 2023, citing a long list of threats that include Russia’s war against Ukraine, chronic inflation pressures, punishing interest rates and the lingering consequences of the global pandemic.