Russian Fuel Oil Deliveries To Saudi Red Sea

Saudi Arabia is turning to discounted Russian fuel oil cargoes to meet its seasonal summer oil burn surge, Kpler data shows. Preliminary data indicates that Saudi fuel oil imports in July exceeded 300,000 b/d for the sec...

EC Investigates Adnoc-Covestro Deal | MEES

The European Commission announced on 28 July that it has opened an “in-depth investigation to assess” Adnoc’s purchase of German chemicals firm Covestro (MEES, 4 October 2024). The EC cites “preliminary concerns ...

Beyond Oil: The Gulf’s Race to Define Carbon Value

The Middle East’s position as a global energy powerhouse can no longer be defined solely by the scale of its hydrocarbon reserves. In today’s markets, where carbon performance increasingly shapes trade flows and pric...