The United Nations chief warned in an address on Monday that “humanity is just one misunderstanding, one miscalculation away from nuclear annihilation,” citing the war in Ukraine, nuclear threats in Asia and the Middle East and many other factors. Secretary-General Antonio Guterres gave the dire warning at the opening of …

Australia should tighten measures to curb natural gas exports from one of the world’s biggest suppliers to avoid a domestic fuel crunch, according to the nation’s competition watchdog. Gas that hasn’t been sold under long-term contracts should be made available domestically before it is exported, because of a significant risk …

There is little Russia can do to help with urgent repairs required to malfunctioning Nord Stream 1 gas pipeline equipment, Kremlin spokesman Dmitry Peskov said on Monday. Russia cut gas supplies via Nord Stream 1, its main gas pipeline to Europe, to just 20% of capacity last week, saying that …

Germany’s presidential palace in Berlin is no longer lit at night, the city of Hanover is turning off warm water in the showers of its pools and gyms, and municipalities across the country are preparing heating havens to keep people safe from the cold. And that’s just the beginning of …

OPEC’s new secretary general said that Russia’s membership in OPEC+ is vital for the success of the agreement, Kuwait’s Alrai newspaper reported on Sunday, quoting an exclusive interview with Haitham al-Ghais. He said OPEC is not in competition with Russia, calling it “a big, main and highly influential player in …

OPEC’s new secretary general said that Russia’s membership in OPEC+ is vital for the success of the agreement, Kuwait’s Alrai newspaper reported on Sunday, quoting an exclusive interview with Haitham al-Ghais. He said OPEC is not in competition with Russia, calling it “a big, main and highly influential player in …

The secretary general of the Organization of Petroleum Exporting Countries (OPEC) said that Iran was one of the most important founding members of the entity with a significant role in stabilizing the oil market. In an interview with Kuwaiti newspaper Al Ra’I on Sunday, Haitham al-Ghais said that Iran and …

The OPEC+ group of oil exporters are set to hammer out a new strategy at their meeting Wednesday, with all eyes on how they will react to soaring crude prices. The 13 core members of OPEC, led by Saudi Arabia, and the 10 further states in OPEC+ — chief among …

Kuwait’s Haitham Al-Ghais will start on Monday his new role as Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), following the late outgoing chief, the Nigerian Mohammad Barkindo. Speaking to KUNA on Sunday, Al-Ghais thanked His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, His Highness the Crown Prince …

With countries and energy companies around the world looking to accelerate their transitions towards cleaner energy resources, Latin American nations are developing plans to scale up the production, consumption and export of so-called green hydrogen, which is generated from clean energy resources. One of the most recent, high-profile developments came …