Middle East

Global oil output and trade flows should rebound fully by the end of this year from the disruptions caused by the Iran war, the US Energy Information Administration (EIA) said on Tuesday. Global... 

Japanese aluminium buyers agreed to pay premiums of $395 a ton for shipments between July and September, the highest since 2015, as the US-Israeli war on Iran squeezed supply, five sources involved... 

The world’s gas consumption is forecast to drop for the third time in seven years, even as liquefied natural gas (LNG) supply from producers in other regions helps offset losses in the Middle East,... 

Global liquefied natural gas (LNG) trade hit a record last year as strong US exports and rising European imports offset weaker Asian purchases, the International Gas Union (IGU) said in a report on... 

Minerals Council South Africa has reported that mining input cost pressures accelerated sharply in May, reflecting the transmission of higher global energy prices into the South African economy... 

Japan sharply reduced natural gas-fired power generation last month, instead relying more on coal, as disruptions around the Strait of Hormuz tightened supplies of the cleaner-burning fuel. The... 

Following an 18-point decline in the first quarter, the Agricultural Business Chamber of South Africa (Agbiz) and Industrial Development Corporation’s Agribusiness Confidence Index (ACI) fell... 

Australia fell into a surprise trade deficit in May as exports dropped the most all year, with imports extending a streak of gains caused in part by high fuel prices and data center demand.... 

The global representative body for the airline industry, the International Air Transport Association (IATA), has reported that total global air passenger traffic fell by -2.2%, year-on-year, in... 

JSE-listed Thungela Resources says it continues to monitor the impact of the ongoing conflict in the Middle East on its employees and the broader operating environment, noting that, to date, the... 

South Africa’s economy remains on a recovery path, but rising global pressures and cost dynamics are slowing momentum and reshaping the outlook for the months ahead, says professional services firm... 

Record global electricity demand last year was met entirely by low-carbon sources, resulting in fossil fuels generation being substituted rather than supplemented, the Energy Institute’s... 

Global liquefied natural gas (LNG) demand is expected to rise by around 65% by 2050, driven largely by Asia as countries seek lower-emission alternatives to coal and data centres boost power... 

Global total air cargo demand increased by 6%, year-on-year (y-o-y), in May, the International Air Transport Association (IATA) has reported. (IATA is the global representative body for the airline... 

The global aviation industry’s specialist IT and communications group, SITA, has reported that Africa is still the region with the highest rate of mishandling airline luggage. Its 'Baggage IT... 

With oil prices having eased substantially in recent weeks following an interim agreement between the US and Iran in mid-June aimed at curtailing hostilities, regional maritime and military... 

By: Ahmed Mohamed Ahmed Hegazy - Business Development Leader, Energy and Chemicals, Schneider Electric East Africa Tanzania’s energy and chemicals segment is projected to show tremendous growth in... 

To combat climate change, the world needs green molecules in addition to green electrons. “If we look how the economy is carbonised, an electron can only decarbonise between 60% to 70% of the... 

ASX-listed Lotus Resources has temporarily halted production at its Kayelekera uranium mine, in Malawi, owing to equipment damage and a supply disruption in a third-party acid supply chain linked...