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natural gas

Bosnia approves gas project by Trump-linked investors

Bosnia approves gas project by Trump-linked investors

Bosnia approved Wednesday a $1.5 billion energy project led by investors close to US President Donald Trump that aims to reduce the Balkan country's reliance on Russian natural gas. The project is being pushed by a newly created company headed by Joseph Flynn, the brother of Trump&

Cheaper gas could take time amid tentative ceasefire

(The Center Square) – Americans hoping for cheaper gasoline after the U.S.-Iran ceasefire will need to be patient, as oil prices and other economic factors continue to work against price cuts motorists want after the recent surge. Despite the recent ceasefire between the U.S. and Iran, gas prices

‘Warflation’ Will Hit More Than Just Gas Prices

‘Warflation’ Will Hit More Than Just Gas Prices

The war in Iran may be on pause, but its effects on prices are still in motion and will continue to ripple through the economy after more than a month of disruption to the global oil supply. Gas prices, for starters, are up more than 40% since February, and aren’

Commonwealth LNG signs supply deals with five major buyers

(The Center Square) – The owners of the proposed Commonwealth LNG export facility in Louisiana announced supply deals with five major buyers as the company crossed a key threshold on its path to arranging the financing necessary for the $12.5 billion facility. "These commitments from high-quality international partners

Solar push helps Pakistan temper Gulf energy shock

Solar push helps Pakistan temper Gulf energy shock

Pakistan's solar power push has cushioned the full impact of the war in the Middle East, analysts said, despite lingering concerns over fuel supplies and rising prices. A study published last month assessed that the uptake of solar around 2018 helped the country avoid more than $12 billion

Middle East war: global economic fallout

Middle East war: global economic fallout

Here are the latest economic events in the Middle East war: - Global stocks mostly fall, oil mixed - Global stock markets mostly pulled back Tuesday as investors braced for US President Donald Trump's looming deadline for Iran -- to reopen the Strait of Hormuz or face devastating attacks. Oil prices

Pakistan hikes petrol, diesel prices due to Middle East war

Pakistan hikes petrol, diesel prices due to Middle East war

Pakistan's government on Thursday drastically raised fuel prices in response to spiking global energy prices caused by the Iran war, the country's petroleum minister said in a press conference. The new prices mark an increase of 42.7 percent in petrol prices and 54.9 percent