Tunis, May 13 (TAP) - “National sovereignty does not mean isolation,” Minister of Economy and Planning, Samir Abdelhafidh, stated on Wednesday, stressing that the current choice is oriented toward promoting an energy transition based on national...»»»

Spain has become the latest European nation to call for the EU to build its own army as opposed to relying on the NATO framework, citing a growing rift with the US. The idea itself, however, has split European NATO members, with many still viewing the US-led military bloc as a preferable defense me»»»

US President Donald Trump’s rejection of Tehran’s peace terms suggests that he will accept nothing short of surrender, according to Iranian Deputy Foreign Minister Kazem Gharibabadi. The US and Iran remain engaged in indirect negotiations following the fragile ceasefire announced last month after w»»»

LONDON: Syria is rebuilding the Al-Thawra oil field in Raqqa province as part of its reconstruction efforts after the civil war. The field’s current output is about 2,500 barrels per day, down from about 25,000 barrels per day before the start of the war, the Syrian Arab News Agency reported. Autho»»»

Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, noted that China is a strategic partner in the reconstruction and development phase. Aldabaiba made the comment during his address at a dialogue session today organized by the High Committee for Supervising Libyan-Chinese Cooperation, chai»»»

Egypt’s Prime Minister Mostafa Madbouly witnessed on Wednesday the signing of a memorandum of understanding (MoU) between Egypt’s petroleum sector and France’s TotalEnergies to cooperate on natural gas exploration activities across a large area in the western Mediterranean. The signing ceremony was»»»

MOSCOW (Sputnik) - Russia is ready to step up its fuel exports to countries of the Global South to ensure their energy security, the Russian Energy Ministry said on Wednesday, citing Russian Deputy Energy Minister Roman Marshavin. "The deputy minister said that the meeting is taking place amid unpr»»»

LONDON - State Secretary at the Serbian Ministry of Foreign Affairs Nevena Jovanovic and the Ministry's Secretary General Dusan Kozarev met on Wednesday in London with UK special Western Balkans envoy Karen Pierce to discuss bilateral relations, Serbia's EU integration and regional affairs. The par»»»

WASHINGTON (Sputnik) - The United States is monitoring all nuclear activity in the world around the clock after the expiration of the Russian-US New Strategic Arms Reduction Treaty (New START), US Secretary of Energy Chris Wright said on Wednesday. "We provide sensors in space that look for nuclear»»»

WASHINGTON (Sputnik) - US Secretary of Energy Chris Wright admitted on Wednesday that he had fired several critical nuclear security specialists by mistake. "There was a mistake made early on.., and that was entirely my fault. In my first week after confirmation, there was a term 'provisionary empl»»»

US President Donald Trump has said he does not expect to need China's help to end the war in Iran and ease Tehran's grip on the Strait of Hormuz, in remarks made before he arrived in Beijing on Wednesday for a summit with President Xi Jinping. The war is expected to feature in talks between Trump a»»»

US President Donald Trump arrived in Beijing on Wednesday for his highly anticipated summit with Chinese leader Xi Jinping at a restless moment for a world worried about war, trade and artificial intelligence. The visit occurs at a delicate moment for Trump’s presidency, as his popularity at home h»»»

Dubai: Even as Iran faces mounting pressure from a US naval blockade and intensifying scrutiny over the Strait of Hormuz, Tehran appears to be quietly sustaining its oil exports through a vast network of shadow tankers and covert ship-to-ship transfers near Malaysian waters, according to an Associa»»»

Final demand inflation rose by 6% on an annual basis in April, marking the largest increase since 2022, the U.S. Bureau of Labor Statistics reported Wednesday. More than three-quarters of the 2% increase in final demand goods in April was attributed to a 7.8% increase in energy prices. File Photo b»»»

Lebanon and Syria are expected in the coming weeks to translate the agreements and understandings reached during the recent visit of the Lebanese prime minister to Damascus into a series of measures and decisions to be issued successively, underscoring a clear decision by both states to move their »»»

RIYADH: Saudi Arabia’s benchmark Tadawul All Share Index closed lower on Wednesday, shedding 19.16 points, or 0.17 percent, to end at 11,020.07. The MSCI Tadawul 30 Index also declined, falling 1.43 points, or 0.1 percent, to close at 1,475.94, while the parallel Nomu market slipped 0.13 percent to»»»

NEW DELHI (Sputnik) - Russian Foreign Minister Sergey Lavrov has arrived in India's capital, New Delhi, for a three-day visit where he will meet with his Indian counterpart, Subrahmanyam Jaishankar, and attend a BRICS ministerial, a Sputnik correspondent reported on Wednesday. Lavrov and Jaishankar»»»

Syria is witnessing a cautious expansion of electronic payment services after the Central Bank of Syria authorized local financial institutions and payment companies to reconnect with global card networks including Visa and Mastercard for the first time in more than 15 years. The move comes amid br»»»

King Charles III waves from his State Carriage during the royal procession bringing him and Queen Camilla from Buckingham Palace to Westminster on Wednesday for the State Opening of Parliament. His Imperial State Crown, worn to deliver his King's Speech, was transported in a separate carriage prote»»»

German Chancellor Friedrich Merz was booed and mocked during a speech on Tuesday to one of the country’s biggest trade union groups as he tried to sell his welfare cut plans. Merz has a history of blaming Germany’s economic troubles on its people. Last August, he said that the “welfare state as we »»»

JEDDAH: Renewable energy, hydrogen and electricity interconnection were among the key areas discussed as Gulf Cooperation Council officials and China’s National Energy Administration held talks aimed at expanding cooperation beyond the traditional oil trade. The virtual meeting, hosted by the GCC G»»»

ConflictsIndiaIndians growing anxious as Modi asks them to cut on fuelMurali Krishnan New DelhiWith energy prices rising, India's Narendra Modi has urged his compatriots to embrace voluntary austerity and protect the economy from the Iran war fallout. But ordinary Indians say there are already at t»»»

SPEEDWELL has signed the construction contract for QUEENS District, the mixed-use project currently under development in the Floreasca – Barbu Văcărescu area of Bucharest, appointing STRABAG as General Contractor for the project’s office and residential components. At the same time, STRABAG will re»»»

RIYADH: Executives from Alphabet, Coca Cola and BlackRock are among are host of senior leaders joining the expanded board of the US-Saudi Business Council as economic ties deepen between the two countries. Citi, Bank of America and ExxonMobil are also among some of the world’s largest financial, in»»»

BELGRADE - Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic said a revised proposal by Hungary's MOL about its acquisition of a Russian-majority stake in the Serbian oil company NIS had arrived on late Tuesday but that the Serbian side was still not satisfied with the solutions of»»»

Dubai: President Donald Trump said Iran’s military had been “decimated” after weeks of US-led strikes, but new intelligence assessments cited by The New York Times suggest Tehran still retains enough missile capability to threaten shipping through the Strait of Hormuz. The report said classified US»»»

RIYADH: Even if the conflict in the Middle East were to end immediately, stabilizing supply chains will take time. Shipping companies will need to adjust their routes, manufacturers will need to process their orders, and the market will need to fully regain its confidence, according to the Chinese »»»

ATHENS - Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic met with Greek PM Kyriakos Mitsotakis at an energy transition summit on Wednesday to discuss the importance of building new natural gas corridors that would connect Serbia and Greece via North Macedonia and open a new natur»»»

With over 25 years of experience in the energy sector and comprehensive understanding of the entire value chain, Adrian Romanescu bring to table extensive expertise in natural gas distribution, infrastructure development, operational management, and the coordination of large-scale energy projects. »»»

Paris/Doha, May 13 (SANA) TotalEnergies, QatarEnergy and ConocoPhillips said on Tuesday they had signed a memorandum of understanding with the Syrian Petroleum Company (SPC) to assess offshore oil and gas potential in Syrian waters, marking an initial step toward possible exploration activity in th»»»

Angola’s National Oil, Gas & Biofuels Agency (ANPG) has extended Total Energies’ (EPA/LSE/NYSE:TTE) production period for deepwater Block 32 until 2043. The agreement, signed on behalf of the contractor group, ensures the continued development of the block, the African Energy Chamber (AEC) said»»»

Angola’s National Oil, Gas & Biofuels Agency (ANPG) has extended Total Energies’ (EPA/LSE/NYSE:TTE) production period for deepwater Block 32 until 2043. The agreement, signed on behalf of the contractor group, ensures the continued development of the block, the African Energy Chamber (AEC) said»»»

Russia’s Ministry of Economic Development has delivered a notably downbeat assessment of the country’s economic trajectory on May 12, signalling that growth is likely to stall over the next two years as structural pressures intensify and policy room narrows. »»»

Russia’s Ministry of Economic Development has delivered a notably downbeat assessment of the country’s economic trajectory on May 12, signalling that growth is likely to stall over the next two years as structural pressures intensify and policy room narrows. »»»

New Delhi, India: Indian Prime Minister Narendra Modi has directed his office to halve the number of vehicles in his convoy in order to save fuel, and also requisitioned for replacing them with electric vehicles, local media reported Wednesday. The development assumed significance in the aftermath »»»

A series of nine small earthquakes struck the Pardis area east of Tehran overnight, Mehr news agency reported on Wednesday, renewing fears among experts and residents that the Iranian capital could face a major seismic disaster. The repeated activity has revived concerns that accumulated tectonic p»»»

The Russian Armed Forces have carried out strikes on Ukraine’s energy and transport infrastructure used by the Ukrainian Armed Forces, the Russian Ministry of Defense reported. Strikes were also carried out on locations for drone assembly, storage, and launch, ammunition depots, as well as temporar»»»

1/10Prime Minister Modi’s landmark visit to the UAE on August 16-17, 2015, was the first by an Indian prime minister in 34 years and served as a catalyst for the Comprehensive Strategic Partnership between the two countries. Hosted by Sheikh Mohamed bin Zayed Al Nahyan, the visit focused on enhanci»»»

Global oil supply will not meet total demand this year as the Iran war wreaks havoc on Middle East oil production, the International Energy Agency said in its monthly oil market report on Wednesday. The US and Israel's war with Iran, subsequent damage to Iran and its Gulf neighbors' oil infrastruct»»»

Romania, alongside the European Union and the broader global economy, is navigating a period marked by overlapping crises and heightened uncertainty. Beyond the constant flow of opinions, we sought the perspective of someone with over 25 years of experience in economics and banking. In a conversati»»»

BELGRADE - Serbian FM Marko Djuric met on Tuesday with Dragan Simeunovic ahead of his taking office as Serbia's new ambassador to Romania. In a post on Instagram, Djuric wrote that the discussions had focused on "strengthening of political dialogue and advancement of transport, energy, infrastructu»»»

ANKARA/LONDON: Turkiye lifted some customs restrictions on Armenia on Wednesday, paving the way for direct trade links between the two countries in ​a further sign of normalizing ties after over 30 years of strained relations. Turkiye was one of the first countries to recognize Armenia’s independen»»»

Prominent US executives from Big Tech to agriculture have been invited to join President Donald Trump on his trip to China this week, according to a White House official. Trump has left for Beijing to meet with President Xi Jinping. Aside from discussions about Iran, the two leaders are expected to»»»

BOYKO BORISSOV AND DELYAN PEEVSKI’S PROTECTION REMOVED All Wednesday media report the news that the National Service for Protection (NSP) is removing the protection provided to the leaders of GERB and MRF, Boyko Borissov and Delyan Peevski, effective May 14. *** According to the Dnevnik.bg online n»»»

Doha, Qatar: The Global Carbon Council (GCC), the Global South’s first internationally accredited carbon standard, has achieved a major milestone with the approval of its Standard on ICVCM Eligibility of Projects and Issuances as CCP-Eligible by the Integrity Council for the Voluntary Carbon Market»»»

Kosovo’s harmonised consumer price index (HICP) increased by 7.5% year-on-year in April (chart), accelerating inflationary pressures across several key sectors of the economy, the statistics office said on May 12. On a monthly basis, consumer prices rose by 1.1% in April compared to March. »»»

Ukraine is revising its state budget after securing access to a major EU financial package that Kyiv says will provide tens of billions of euros for defence, security and wartime fiscal support, reported Ukraine Business News. »»»

Oman has signed a $250 million agreement with South Korean electric vehicle technology company EL B&T to establish an electric vehicle and battery cell manufacturing complex in the Special Economic Zone at Duqm, marking a major step in the Sultanate’s industrial diversification and clean mobility a»»»

US President Donald Trump said on Tuesday that Americans’ financial struggles are not a factor in his decision-making as he seeks to negotiate an end to the Iran war, saying that preventing Tehran from acquiring a nuclear weapon is his top priority. Asked by a reporter to what extent Americans’ fin»»»

The residential market in Romania is undergoing a period of recalibration, in which the balance between prices, access to financing, and purchasing power is becoming increasingly fragile. Rising costs and shifts in consumer behaviour are reshaping the buyer profile, in a context where housing affor»»»