Refiners say high freight costs, longer voyages and limited supplies of medium sour crude make US barrels less attractive than West Asian and Russian alternatives
Ethan Zindler, Head of Country & Policy Research, Bloomberg New Energy Finance examines the outlook for global energy demand and supply at the 2026 Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)
A worsening energy shock could wipe out Italy’s economic growth next year, with high power prices and European Union carbon costs hurting industrial competitiveness, according to the country’s largest business lobby.
Namibia and TotalEnergies SE are still negotiating terms for the development of the French major’s Venus oil discovery, leaving less time to meet a target of first production by 2030.
Golf clubs, private schools and car washes may face tighter rules from water companies as England’s drought continuesThree water companies are seeking to impose severe restrictions on businesses as the drought continues across most of England, putting rivers and wildlife under huge pressure.Golf clu
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lun
Morgan Stanley expects South Africa to reinstate fuel-tax relief measures for three months to cushion consumers from surging oil prices in next week’s budget, along with details of a long-awaited rule to keep government finances on a sustainable path.
Energy companies are poised to lead European earnings growth for a third straight quarter, as elevated energy prices stemming from the conflicts in the Middle East and Ukraine bolster profits across the sector.
Canadian Minister of International Trade says they see a lot of collaborative opportunities in India especially in the field of energy, mining, and food security. Maninder Sidhu spoke to Haslinda Amin on the sidelines of the Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)