Russian energy exports will face significant challenges, according to the head of the International Energy Agency (IEA)

Russia will likely lose its energy battle with the West, according to Fateh Berol, executive director of the International Energy Agency (IEA), because the amount of crude oil purchased by China and India won't be enough to make up for the decrease in shipments to Europe. Berol told CNBC'...

Korea intends to minimize its reliance on China for exports by looking to the Middle East, America, and the European Union

According to nine economy-related ministries on Wednesday, the government would make every effort to fine-tune export plans as part of a larger objective of bolstering Korea's trade balance, which is exhibiting symptoms of a larger-than-expected deficit.

Among the goals are to boost...

Japan is reconsidering deadly weapon exports by modifying tight regulations

According to a government source, Japan is considering exporting lethal weapons by altering its tight limits on the transfer of defense equipment under its postwar pacifist Constitution.

According to the source, one of the proposals being discussed is that the government will allow such...

A further demonstration of energy cooperation is France's gas exports to Germany

European nations must rely on one another to survive through the approaching winter since Russian gas supplies have been cut off. It has been decided that France will supply Germany with natural gas in exchange for Germany providing France with power. FRANCE 24 analyzes the pros and cons of this ...

India has opened an investigation into the rise in South Korean exports of an iron alloy

India is looking into whether or not an increase in imports of Ferro Molybdenum from South Korea, which is used in steel, nickel, and cobalt alloys, is hurting Indian companies. A group of Indian manufacturers, including the Indian Ferro Alloy Producer's Association, Boon Metal &Alloy Cor...

The EU Unites After Ukraine’s Wreckage

On July 20, 2022, the European Commission announced the idea of a plan to minimise gas usage at its offices, which are situated in the Berlaymont, which is located in Brussels, Belgium. This announcement was made in order to have the European Union prepared for supply limits. Because of the attem...

As Russian cuts get worse, the EU and Norway agree to enhance gas exports

On Thursday (23 June), the European Union and Norway reached an agreement to work together to send additional gas from western Europe's largest producer to the EU's 27 member states, nearly half of which are now dealing with Russian gas supply cuts.

After Russia restricted gas d...

The Gas and Oil Industry of Australia will be Doubling the Royalties

An estimate of 6 billion Australian dollars of royalties will be delivered by the oil and gas industry of Australia to the Queensland Budget in the upcoming 5years. This will result in the community directly benefiting from the LNG export projects of Queensland.

Revenue from the oil and...

Oil and gas exports from the United States are driving up domestic prices

The United States' oil and natural gas business has long pushed for and received relief from government export limitations, which were imposed in the last decade. The purported explanation was that the United States will have enough oil and gas to spare due to the so-called "shale revolu...

After Malaysia banned chicken exports, Singapore's national dish is in jeopardy

As a result of Malaysia's decision to halt all chicken exports, Singapore is bracing for a shortage of its de facto national dish, chicken rice.

As supplies of the staple food deplete from neighbouring Malaysia, where production has been interrupted by a global feed scarcity, restau...

In a blow to Singapore, Malaysia has reaffirmed its prohibition on live chicken exports

Malaysia has maintained that it will stop exporting all live chickens, effectively ruling out the possibility that some restaurants in Singapore might still be able to import free-range or premium chickens.

Live birds, whole carcasses, chilled and frozen meat, chicken parts, and chicken...

UAE and Turkey's export credit agencies have signed an agreement to boost trade and business

The UAE's federal export credit company, Etihad Credit Insurance, has signed a Memorandum of Understanding (MoU) with Turkey's export credit agency, Turk Eximbank, to boost trade and improve economic relations between the two countries.

The two export credit organisations will c...

Increase in Thai Fresh Mango Exports

Thailand saw an 11 million US dollar (363 million baht) increase in the export of fresh mangoes in the first two months of 2022, a jump of 15 percent in comparison to the same period last year.

Malaysia imported 46 percent of these mangoes, South Korea was next in line and imported 34 p...

The UAE and Saudi Arabia argue that OPEC+ should not engage in political manoeuvring

The Organization of Petroleum Exporting Countries (OPEC) logo is displayed outside its offices ahead of the OPEC and non-OPEC conference in Austria on December 6, 2019. REUTERS/File Photo/Leonhard Foeger REUTERS

The energy ministers of Saudi Arabia and the United Arab Emirates, both sig...

According to a high-ranking politician, Pavel Zavalny, Russia is considering accepting Bitcoin as payment for its oil and gas exports

"Friendly" nations might be permitted to pay in cryptocurrency or their local currencies.

Earlier this week, Russian President Vladimir Putin stated that he would want "unfriendly" countries to purchase Russian gas in roubles.

The action is said to be inten...

U.S and Other Allies Impose Strict Technological Export Restrictions on Russia as a Response to its Ukrainian Invasion

As Russia continues with the heinous attacks over Russia, the U.S. announces restrict the technological exports to Russia. This move was initiated so that Russia would completely be cut off from the critical technology that it requires to power its military.

“This is going to impo...

UAE Announces its Industrial Exports Reach 120 billion Dirhams

The industrial sector of the United Arab Emirates has been flourishing with increased growth and development. The Ministry of Industry and Advanced Technology has observed a historic rise in the country’s industrial exports that have totaled to approximately 120 billion Dirhams in 2021.

US Becomes the Greatest LNG Exporter

The output from the LNG facilities in the United States outpaced Qatar for the first time in December. Although the achievement could be short-lived, it was brought about by the shortage of gas supply from the Russian pipeline to Europe.

A revolution in shale gas and investments worth b...

India resumes vaccine exports as domestic stocks are building up

India has resumed exports of COVID-19 vaccines in small amounts. India is expected to increase exports significantly in the upcoming months, when domestic stocks build up and a large number of adult population in the country is inoculated, according to officials.

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