Indonesia Urged To Reevaluate Coal Price Cap Policy
A review of Indonesia’s coal price cap policy is being advocated by analysts as a means of expediting the country’s shift to renewable energy. A review of Indonesia’s coal price…
Oil Prices Plunge Amid OPEC+ Meeting Jitters
Oil prices retreated on Tuesday, erasing gains from the previous sessions, as investors exercised caution ahead of the crucial OPEC+ meeting scheduled for this Sunday. In a volatile turn of…
Nigerian Online Grocery Store Secures $1.3 M Seed Funding
The online grocery store facilitates same- or next-day delivery through its digital channels, including the app and a WhatsApp chatbot. Nigeria-based online grocery store Pricepally has successfully raised $1.3 million…
Mari Petroleum’s Resilient Performance Fuels Pakistan’s Energy Growth
Mari Petroleum Company Limited, a key player in Pakistan’s oil and gas exploration and production landscape, has emerged as the second-largest natural gas producer in the country. Mari Petroleum Company…
Government Announces Discontinuation Of New Gas Connections
The Energy Minister of Pakistan announced a major policy change: new gas connections would no longer be approved, citing reasons such as impracticality and economic feasibility. The Caretaker Energy Minister…
Plunge In Global Petroleum Prices Offers Potential Relief At Pakistani Pumps
Global petroleum prices have unexpectedly fallen to an unbelievable low of $12 per barrel, giving Pakistani consumers who are struggling with skyrocketing fuel prices some hope. Global petroleum prices have…
Germany Urged To Accelerate Gas Import Infrastructure Construction
As Germany gears up for the winter season, the CEO of the nation’s largest utility company issues a pressing plea to expedite the development of gas import infrastructure. As Germany…
Pakistan Confronts Food Crisis And Agonizing Inflation
The painful food inflation has hit Pakistanis amidst a sharp economic downturn, with an estimated GDP growth of only 1.3 percent in FY23 versus 6 percent in FY22. The painful…
September Sees Dip In US LNG Exports Amid Plant Outages
Throughout September, over half of U.S. LNG exports found their way to Europe, accounting for 52% of total shipments – mirroring August’s distribution. In September, US liquefied natural gas (LNG)…
KSA’s Energy Minister Defends Extended Oil Production Cuts
The International Energy Agency foresees global oil consumption averaging a new record of 101.8 million barrels per day this year, primarily driven by surging Chinese demand. Saudi Arabia’s energy minister,…
UK To Convene Food Security Conference Amid Ukraine Grain Crisis
UK is set to host a global food security conference on November 20, addressing the pressing issue of Russia’s control over grain exports from conflict-ridden Ukraine. Downing Street has announced…
Reviving Ukraine Grain Deal Critical For Food Security: Turkiye
Turkiye’s foreign minister stated that renewing a contract to ferry Ukrainian grain over the Black Sea was “critical” for food security while visiting Moscow on Thursday. Turkiye’s foreign minister stated…