Greece supports Cyprus' "sovereign rights" to exploit gas fields in the eastern Mediterranean, Prime Minister Alexis Tsipras said Tuesday, after Turkish President Recep Tayyip Erdogan warned global energy companies not to strike any deal with the island.
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The use of electric cars is set to grow in the coming years, but this will not spell the end of demand for oil, the head of the International Energy Agency (IEA) said on Tuesday.
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The U.S. State Department said Monday it is ready to sell thousands of tactical vehicles to Britain in a contract worth more than $1 billion.
The sale comes after the British government requested a possible sale of up to 2,747 Joint Light Tactical Vehicles (JLTVs) in a contract worth $1.035 billion.
The oil industry must accept that global demand for crude may fall by 2050 but rich potential remains in hydrocarbons, especially gas, the head of French energy giant Total said Tuesday.
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After much Beirut-community support surrounding her sold-out design and entrepreneur workshops, the founder and creative lead at Taika Ström, Egle Karalyte, is excited to announce a sequel series.
The workshops will explore creating an exceptional brand experience and launching it in a global marketplace:
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Energy Minister Yuval Steinitz made a rare appearance by a high-ranking Israeli official in the occupied West Bank on Monday to sign an agreement on electricity with the Palestinian Authority.
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Turkish President Recep Tayyip Erdogan on Monday warned global energy companies not to strike any deal with Cyprus for gas and oil exploration in the eastern Mediterranean, after talks missed a "big opportunity" to unite the divided island.
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Oil and gas will remain central to the world's supply of energy for decades to come, despite a surge of interest in renewables, the chief executive of giant producer Saudi Aramco Amin Nasser said Monday.
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Germany's trade surplus widened in May, official data showed Monday, just days after a stormy G20 summit that saw clashes with the United States over protectionism.
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Asian markets mostly headed into the weekend on a negative note Friday following a sell-off on Wall Street, US jobs data coming in below par and a dive in oil prices fueling losses across the energy sector.
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