Global commodity trading celebrates 2nd-best year ever
The global commodity trading industry celebrated its second-best year ever in terms of profits, amassing over $100…
Browsing Tag
gas
Saudi inflation up 1.8% in Feb.
Saudi Arabia's annual inflation rate increased to 1.8 per cent in February, up from 1.6 per cent in the previous…
Egypt’s trade deficit increases by 17.8% in December – CAPMAS
Egypt’s trade balance deficit increased by 17.8 per cent year on year (YoY) in December 2023, to $3.03 billion.
Japan turns to Australia, US for long-term LNG supply
Resource-deficient Japan is bolstering its long-term liquefied natural gas (LNG) reserves, particularly from…
Nigeria faces environmental challenge post Shell
Shell’s impending exit from Nigeria’s onshore oil and gas operations, following a $2.4 billion deal with a mostly…
S. Africa’s Sasol’s revenues drop 34% in half-year
South African Sasol reported a 34 per cent decline in half-year profit on Monday, mainly attributed to weaker oil…
Euro gas traders upbeat about resumed Russian gas supply
Traders are offering European gas for the upcoming winter on optimism that they will continue to receive Russian…
Russian gas transit via Ukraine no longer required – EU
The European Union (EU) thinks no need for the extension of the agreement to transport Russian gas to Europe via…
Climate complacency endangers eurozone banks – ECB
The European Central Bank (ECB) stated on Tuesday that most large European banks are not adapting their operations…
Egypt’s Abu Qir Fertilisers signs green hydrogen MoU
Egypt's Abu Qir Agricultural Nutrients Company signed on Tuesday a green hydrogen MoU with ABB International Group,…