Energy Market

As the GCC states undergo economic diversification efforts, they have increasingly turned to China for help—and Beijing has happily reciprocated. The geopolitical environment surrounding renewable technology and essential minerals is changing dramatically as the globe speeds up its journey to sustainable energy. China, which has become the main actor in the …

Due to geopolitical tensions and the growing need for minerals necessary for green technology, Ukraine’s vital mineral resources have drawn more attention from around the world. Ukraine, the second-largest nation in Europe, has abundant mineral resources, including sizable amounts of nickel, cobalt, graphite, rare earth elements, lithium, and titanium. Because …

The U.S.-China trade war grew more intense in 2018 due to several factors, including concerns about trade imbalances, intellectual property theft, and restrictions on market access. These issues led to several wars as both countries sought to assert their economic dominance. When the U.S. placed tariffs on a range of …

Increased oil supplies will moderate prices. But renewable energy will now have to compete with fossil fuel industryBy Richa Mishra ticking to his narrative of “Drill, Baby, Drill”, on January 20 Donald Trump, after taking office as the American President for the second time, declared National Energy Emergency. The objective of …

A new agreement to import Russian gas through Azerbaijan – signed by Iran’s president in Moscow — may reflect difficulties in constructing a pipeline under the Caspian Sea. Among the many challenges it faces as its regional alliances buckle, Iran is also experiencing a severe energy crisis despite possessing the world’s second-largest …

President Donald Trump has promised to drastically lower oil prices in the United States during his second term—but the world’s oil-producing states may not allow him. U.S. President Donald Trump’s ambitious plan to revitalize the American oil sector and slash prices, a key promise of his reelection campaign, may be …

Iran is facing serious environmental challenges exacerbated by climate change, which threaten its long-term sustainability. Rising temperatures, acute water shortages, and increasing frequency of natural disasters such as droughts and floods are placing mounting pressure on the nation’s ecosystems and agriculture. Iran’s heavy reliance on gas and oil, combined with …

In 2016, Iran proposed a regional initiative to develop the Persian Gulf-Black Sea International Transport and Transit Corridor (ITC), which would include Armenia, Azerbaijan, Georgia, Bulgaria, and Greece. This multi-modal corridor will begin in Iran at Bandar Abbas, head north through the country, and continue into Armenia or Azerbaijan, connecting four key …

Egypt and Saudi Arabia advance a significant power grid interconnection, enhancing regional energy exchange and cooperation. Saudi Arabia and Egypt, two of the most powerful countries in the Arab world, have long enjoyed strong diplomatic, economic, and strategic relations. The two nations’ cooperation on regional security issues has further cemented their …

Baku, November 1, AZERTAC Azerbaijan’s hosting of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change will play a critical role in facilitating the country’s transition to green energy, as well as achieving the goals of renewable energy development. Undoubtedly, the international …