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Middle East

A turning point for crude oil indexes

In the year since major producers in Saudi Arabia and Kuwait adopted the Argus sour crude index (ASCI) as a pricing benchmark for their imports into the US, Alex Davis examines the impact the new benchmark has had on global oil pricing mechanisms

Turkey power market set for expansion

Disputes with Russia have prompted Turkey to strive for energy independence, and its government has fast-tracked the liberalisation of its power markets, but there is still a long way to go before Turkey can step up and compete with other liquid European…

Masdar and E.on create carbon trading venture

Abu Dhabi-based renewables company Masdar has joined forces with German utility E.on to form E.on Masdar Integrated Carbon (EMIC), a company focused on developing carbon emission reduction projects.

Lands of confusion

Oil production uncertainties in Iraq and political doubts in Russia and Venezuelaare keeping crude prices well above historical averages. MariaKielmas reports

US energy prices: in line for a fall?

A combination of concerns in the second half of January 2003 has boosted US oil and natural gas prices to levels not seen since the winter of 2000/2001. Will the higher prices stick? Logical Information Machines examines cause and effect

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