All articles by Smruthi Nadig

Smruthi Nadig

What the new presidential elections in Argentina mean for energy sector 

Libertarian Javier Milei won the Argentine presidential elections on 19 November and has pledged to privatise businesses to control soaring inflation.

What are the implications of Israel-Palestine war on the global oil and gas markets?

While direct implications of the Israel-Palestine conflict on global oil and gas supplies are not yet clear, long-term consequences will only be determined by the duration of the ongoing war.

IEA says global oil demand will peak this decade

The IEA’s World Energy Outlook 2023 sees a decline in the fossil fuel share in global energy supply to 73% by 2030 and carbon dioxide emissions peaking by 2025.

LNG prices spike more than 40% amid Israel-Palestine war

LNG spot prices have increased to $18.345 and Brent crude oil reached $91.59 per barrel.

IEA oil report: geopolitical risks to keep markets on edge

While the IEA says the Israel-Palestine war has no direct impact on oil flows, voluntary cuts will keep the oil market in deficit this year.

“Difficult to abate”: the growth of new fuels in aviation and shipping 

Decarbonising the aviation and shipping industries remains difficult due to the demand for cost-effectiveness and the difficulty of governing international industries. However, legislation around alternative fuels could reduce carbon emissions significantly.

The new layout of the global oil market  

Following the Russian invasion of Ukraine and recent production and supply cuts from Opec+, oil demand sits at an all-time high.

Cyprus, Greece and Israel sign joint agreement to strengthen energy ties

During the 9th Trilateral Summit in Lefkosia on 4 September, Cyprus, Greece, and Israel agreed to strengthen energy cooperation.

Nigeria considers G20 membership, Tinubu to attend summit in India

As Nigeria assesses the benefits of a G20 membership, the Indian PM has invited Nigeria’s President, Bola Tinubu, to attend the G20 Leaders Summit in New Delhi.

Russia’s Gazprom Neft announces Q2 results, net profits fall by 43%

After a year of not publishing financial results, Gazprom Neft has announced a net profit fall in its second quarter.