What to do with ageing oil and gas platforms – and why it matters
April 3, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Forum Agenda Oil and gas platforms are immense – and so is the challenge of decommissioning them – withdrawing them from use. There are 12,000 offshore oil and gas platforms around the world and […]
IEA roadmap outlines immediate steps oil and gas industry must take to cut emissions
May 26, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Johnny Wood, Writer, Forum Agenda More than a third of global energy will be generated by renewable capacity by 2025, but energy-related CO2 emissions continue to increase, up 0.9% in 2022. Global production, transportation and processing of oil and […]Strengthening cyber resilience in the oil and gas industry
January 19, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. The impact. The oil and gas industry uses a range of complex systems and interconnected technologies to extract, transport and refine oil and gas products. While these these technologies are necessary to support the delivery of energy services and […]MEPs demand full embargo on Russian imports of oil, coal, nuclear fuel and gas
April 8, 2022 by Leave a Comment
This article is brought to you in association with the European Parliament. Parliament expresses indignation over reported atrocities by the Russian armed forces and demands that perpetrators of war crimes be held accountable. In a resolution adopted with 513 votes to 22 and 19 abstentions on Thursday, MEPs call for additional punitive measures, including “an immediate […]Russia is the world’s largest exporter of petroleum products – but what exactly are they?
April 4, 2022 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content The United States recently banned oil and gas imports from Russia.But Russia is the world’s largest exporter of all oil products.So, what are these products and how are they used? The United […]The US starts an intense currency war to protect its global standing
August 12, 2019 by 1 Comment
One month ago this newspaper’s title was: “Trump after marginalizing G20 attacks Europe and China where it hurts, brandishes currency war”. Since then, the American President intensified his attacks on money parities, mainly against China. At the same time, he continues pressing the American central bank, the Fed, for not taking tough measures to actually […]The dirty secret of electric vehicles
March 28, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content The number of electric vehicles on the world’s roads is rising fast. Latest figures show there are more than three million and sales are growing at close to 75% a year. But now […]Don’t compare data to oil – digitization needs a new mindset
March 22, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Olli-Pekka Heinonen, Director General, Finnish National Board of Education We must be able to make the utilization of knowledge and the processes of collective learning more visible in order to be able to operate better in the future. We […]France, Germany challenge Trump’s America on Iran and the reign of the dollar
November 22, 2018 by Leave a Comment
Last week, the French President Emmanuel Macron and the German Chancellor Angela Merkel challenged the US President Trump by deciding to create a real European army. This week, the two European leaders said they are seriously working on the project to build a financial/trade-clearing mechanism, meant to override the American sanctions against Iran. In both […]EU-US ties to break over Iran; Democrats’ electoral win may not change it
November 8, 2018 by Leave a Comment
After last Tuesday’s midterm elections in the United States, the Republicans of President Donald Trump lost the House of Representatives to the Democratic Party. The vote was turned out into a referendum for the Trump administration, and the GOP lost the full control of the two chamber Congress. From now on, the White House will […]The Khashoggi affair: A global complot staged behind closed doors
October 25, 2018 by Leave a Comment
For two weeks now practically all Western governments and media are at rooftops for the barbaric murder of Jamal Khashoggi, who was killed inside the Saudi Arabia’s Consulate in Istanbul. Very few people outside the oil Kingdom and the circles of Middle East ‘experts’ knew about the man, before he was massacred by his compatriots. […]Trump fines China with $50 billion a year plus some more…
August 6, 2018 by Leave a Comment
The New Yorker President of ‘America first’, Donald Trump, has figured out the cash China has to pay the US every year, in order to continue exporting her products to the largest market of the globe. It’s something like the ‘protection’ cash New York shopkeepers have to pay the gangs in order to get on […]The missiles fired against Damascus, Syria divided Europe deeply
April 16, 2018 by Leave a Comment
Last Friday night till the early hours of Saturday morning the US-France-Britain alliance attacked the Assad/Putin regime of Damascus, with a precipitation of missiles. Seemingly though, the hits have had a greater political impact on Europe than in Syria itself. Germany and Italy, the other two major European Union countries with strong interests in the […]Destabilizing Lebanon after burning Syria; plotting putsch at home: King and Crown Prince of Saudi Arabia
November 13, 2017 by Leave a Comment
Last week the Crown Prince of Saudi Arabia Mohammed bin Salman, son of King Salman placed the Prime Minister of Lebanon, Saad Al-Hariri under house arrest in Riyadh and forced him to resign his premiership. The Sunni Lebanese premier has a double citizenship, Lebanese and Saudi Arabian. His family has extended business interests and wealth […]Syria: A bloody tracer of Trump – Putin rapprochement
January 26, 2017 by Leave a Comment
Despite the dreadful fact that the fighting and the bloodshed continues on many spots on the ground, the Astana agreement for a truce in Syria backed by Russia, Turkey and Iran seems to present a good chance for peace. Last Tuesday, the above three foreign powers and their proxies implicated in the Syrian civil war, […]Who is to pay the dearest price in a global slowdown?
March 10, 2016 by Leave a Comment
What happens in China is more important for the European economy than a meagre fall of unemployment in the Eurozone. Last Tuesday, China said its February exports dived by a record 25.4%, fuelling new fears for a bigger slowdown in the world economy. At the same time, a Press release by Eurostat, the EU statistical […]What have the banks done to the markets making them unable to bear cheap oil?
February 25, 2016 by Leave a Comment
Last Tuesday, a new steep fall of the price of crude oil by almost 5%, triggered another selloff in all the major capital markets of the world. The New York and the European stock exchanges lost anything between 2% and 3% of their capitalization. One may observe that this development is one of many of […]Why are the financial markets shivering again?
January 25, 2016 by Leave a Comment
The major central banks of the world are currently in the middle of a precise but of dubious results surgical operation on capital markets. On the one hand, the monetary authorities aim at supporting the real economy by injecting more cash into the financial system. On the other, they try to mitigate the risky super […]WEF Davos 2016 LIVE: Banking moguls continue brandishing financial Armageddon to intimidate us all but in Davos they worry about the very distant future
January 21, 2016 by Leave a Comment
On Thursday 7n January this newspaper commented that behind the capital markets selloff, which shook the financial world in the first week of this year, were the financial moguls who want to impose their terms to central banks and mainly the American Fed. Since then stock markets keep losing a lot of grounds every day. […]The three sins the EU committed in 2015
December 28, 2015 by Leave a Comment
During 2015, the year that now ends, the European Union has brought its well-known inability to manage the egocentric and centrifugal action of its major three nations (Britain, France and Germany) to new highs, a practice that has lately led to ineffectiveness and Euroscepticism. The EU cooperated this year with Britain, France and of course […]Can Obama attract Iran close to the US sphere of influence?
April 7, 2015 by Leave a Comment
The best indications about the fairness of a deal are that all the parties directly involved in it can claim victory, and when it comes to the detailed terms they feel they didn’t get exactly what they wanted. This is exactly what happened after the six major world powers (the P5+1 group of countries, the […]Can the US-Iran rapprochement change the world?
March 19, 2015 by Leave a Comment
The United States global gendarmes and the Shiite Iran were brought together in a common fight against the Islamic States murderers in Iraq and Syria, thus opening the way for a wider understanding between the two until recently sworn enemies. The American government saw one more major geostrategic advantage in the rapprochement with Tehran. And […]EU leads the torn away South Sudan to a new bloody civil war
December 24, 2013 by Leave a Comment
It’s the definition of the utmost hypocrisy that the European Union now laments the woes of ordinary people caught in the civil war that plagues South Sudan as from last week. Many years ago, Brussels as an agent of a number of European governments, ‘invested’ some millions in a civil war to create this puppet […]Where is Egypt leading the Middle East and the Mediterranean economy?
July 8, 2013 by Leave a Comment
There is no doubt that the Egyptian experiment of democratic political and economic transformation of the country by the Muslim Brotherhood has failed in every respect and the West recognised it. No wonder why no western government or the UN termed the intervention of the Egyptian army and the toppling of President Mohamed Morsi, as […]
