Electricity prices rise in Sri Lanka
The state-owned group with a monopoly on electricity supply in Sri Lanka, which is heavily in deficit, wants to increase its tariffs by more than…
Tag: Crisis
Petrobras: Resignation of the CEO
After further pressure from the Brazilian government over recent fuel price increases, the CEO of Petrobras has resigned. He had been dismissed by the president,…
Iraq: Disagreements with KRG on Oil
The Deputy Prime Minister of Iraq, Ali Allawi, was speaking on the sidelines of the Iraqi Energy Forum in Baghdad. It addressed the issue of…
Gasoline Prices Escalate
Despite record gasoline prices in the U.S., U.S. refineries are unable to catch up with demand due to a lack of capacity after a series…
Turkey faces rising energy prices
Turkey is mired in an economic and monetary crisis. Ankara is now seeking to relieve the pressure of rising energy costs. With this in mind,…
