Articles

  • 2 months ago | dawn.com | Syed Husain |Abbas Nasir

    With the advent of the second Trump era last Monday, uncertainty has engulfed the world on various fronts. And the world of energy is no exception. Within a week of taking the oath of office, President Donald Trump has rattled the energy markets.

  • Jan 12, 2025 | dawn.com | Syed Husain |Muhammad Amir Rana

    The reality is grim. Green energy is in retreat. The battle against climate change, which has put the oil and gas industry on the defensive for some time now, is weakening. The changing political map of the world, taking a right tilt all around — from the Americas to Europe — is helping industries wriggle out of the situation. The changing political map has pushed the climate battle on a back burner, making net-zero targets a more difficult task to achieve in most parts of the world.

  • Dec 1, 2024 | dawn.com | Syed Husain |Farieha Aziz

    Among the executive orders to be signed on day one of his incoming presidency, the maverick US President-elect Donald Trump has threatened to impose a 25 per cent tariff on all imports from Canada and Mexico. The tariff would also be levied on crude oil until these countries stop the inflow of illegal “immigrants and drugs [fentanyl] into the US”.

  • Nov 24, 2024 | dawn.com | Syed Husain |Abbas Nasir

    Despite some strengthening of crude prices over the last few days on account of the heating up of the Russia-Ukraine war, pressure has been building up on the oil markets from all directions. A guessing game is thus on. How would the crude markets behave in the New Year? It may be too early to pass a judgment. Investors are fretting over weaker Chinese demand and a potential slowing in the pace of US Federal Reserve interest rate cuts, Reuters reported.

  • Oct 20, 2024 | dawn.com | Syed Husain |Abbas Nasir

    At the offices of the Centre for Global Energy Studies (CGES) at 17 Knightsbridge, London, veteran Saudi oil minister, the late Sheikh Ahmed Zaki Yamani would look into his crystal ball and prophecise, “Oil will not end, oil era will come to an end.” That was prophetic, especially when uttered in an era when Peak Oil was the currency in circulation.

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