COP28 to Mediate Between Oil Industry and Global Partners to Solve the...
The COP28 will be kicked off with the inaugural event- COP28 Business & Philanthropy Climate Forum, with the leaders of the World Climate Action Summit The United Nations Climate Change Conference...
View ArticleOil Majors Pour Billions Into M&A To Defy Predictions Of Energy Experts
The International Energy Agency (I.E.A.) published a comprehensive report showcasing that the demand for non-renewable fuels like oil, gas, etc., will tank after reaching its climax in the year 2030...
View ArticleEffects of the Evergrande Crisis Ripple Across the World
The Evergrande crisis, slowly unfolding in China, has already sent shockwaves through both domestic and international markets. This crisis has the potential to have international aftershocks and is a...
View ArticleSouth Korea Reinstates Short-Selling Ban to Curb Volatility
In a move rarely taken by developed countries, and one being seen around the world as particularly drastic, South Korea has once again imposed a ban on short selling, extending it till at least June...
View ArticleUnited Nations Report Exposes Lofty Promises Of Oil-Producing Nations
The United Nations Environment Programme report found that the planned increase of the top 20 countries will result in the production of 460% more coal The present estimates convey that by 2030, the...
View ArticleRussia Prefers to Keep Oil Output Unchanged Ahead of OPEC+ Meeting
Russia has little to no extra advantage by reducing its oil supply like its Arab counterparts The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, popularly known as the OPEC+,...
View ArticleTadawul Launched Single Stock Options
Tadawul plans to play a key role in the Kingdom’s economic transition vision Tadawul, the Saudi Exchange, has rolled out its latest product in the derivatives market, the single stock options. It...
View ArticleIndia and Africa Driving Global Crude Oil Demand to 112 Mln bpd by 2030
It is anticipated that the Indian market for chemical commodity products will expand by around 7% in 2023 and 8% in 2024 According to S&P Global Commodity Insights, the world’s demand for crude...
View ArticleVitol, CNOOC with Others Shortlisted for Shell’s Bukom Assets
Switzerland-based Vitol Bukom facility will be an advantageous oil storage and distribution juncture Vitol, an international energy trader, China National Offshore Oil Corp (CNOOC), a government-owned...
View ArticleOil Investors are Worried About Various Concerns Amidst Oversupply in 2024
Global oil investors will be waiting for the supply data from the first quarter from OPEC+ after their planned mutually agreed output reduction of 2.2 mbpd In 2024, oil investors will have a tough...
View ArticleNasdaq Fishing for UK Companies to List on the US
Nasdaq has been reportedly alluring UK companies away from their home ground for listing on the index Arm Holdings plc, a British semiconductor and chip designer, raised over $4.87 billion in...
View ArticleUS to Set a Global Record for Highest Oil Production by Any Country Ever
The President of the United States, Joe Biden, wants to end the use of fossil fuels to safeguard the planet Earth from the drastic effects of climate change. The stark reality is that the United...
View ArticleThe OPEC Fund Rating Upgraded to AA+, With a Stable Outlook
The stable outlook shows that the risk-averse management team of the OPEC Fund and its enhanced capacity to implement will build a strong loan book growth with an improved financial risk profile...
View ArticleChinese Market Snowballs Trigger Knock-In Levels, Loses Billions
The Chinese markets again tanked on Monday this week, continuing a long period of bloodbath brought up by exiting foreign investors alarmed by the insecure Beijing economy and a lack of government...
View ArticleSurge in Gas Investment in Europe Fuels $223 Billion in Environmental Concerns
This year, Europe’s fuel consumption has increased by 3%, staying slightly higher than the global average. The surging demand for gas in Europe is driving up new investment opportunities to ramp up...
View ArticleJapan’s Market Soars, But Can “Zombie” Companies Spook the Party?
Numerous overseas strategists are looking at Japan from traditional economics and monetary science viewpoints Since the beginning of 2023, Japan‘s stock markets have exhibited remarkable performance,...
View ArticleRents Boost US Consumer Prices in Jan
The annual consumer prices have substantially cooled down from a high of 9.1% in June 2022. In December 2022, the CPI surged by 3.4%, and in the next 12 months, it increased at a smaller rate of 3.1%....
View ArticleJapan’s Nikkei Index Breaks 39,000 Mark After 34 Years
After 34 years, Japan’s major stock market index, Nikkei has surpassed its all-time high, exceeding the record level established during the nation’s late 1980s asset bubble. The Nikkei 225 index,...
View ArticleApple Abandons Almost 10-Year-Long Electric Car Project
Apple Inc. has announced the cancellation of its decade-long effort to build an electric car, marking the end of one of the company’s most ambitious projects to date. The decision, disclosed...
View ArticleShell’s Exit from the Niger Delta Raises Environmental Concerns
The proposed exit of Shell from the Niger Delta raises broader questions about corporate accountability and environmental justice. Amidst Shell Plc’s contemplation of withdrawing from the Niger Delta,...
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