Author: Steven Sahiounie

A donor conference at the United Nations’ European headquarters Tuesday afternoon aims to raise significant pledges towards the $1 billion urgently needed to cover aid for just the next three months

Handed a gas trading licence by regulators in March, state-owned oil and gas company PetroSA has moved quickly to secure a deal for an initial 2 petajoules of gas a year (PJ/a), with scope to rise to 200 petajoules eventually

Bilateral non-oil trade between the two countries was worth $65mln in 2023, up 7% on the previous year

UAE – After record-breaking rains hit the UAE, all emirates have been grappling with the impact of the natural calamity. The UAE President, in a statement issued today, has said that the safety of citizens and residents is the country’s top priority and subsequently ordered a study of the country’s infrastructure.

The program, according to a SAMA press release, is an apprenticeship that aims to employ and develop local investment professionals

Honey production has also seen a notable rise, reaching 3,120 tons annually in 2023, a 41% increase compared to 2021

BEIJING/SINGAPORE – Carbon capture, utilisation and storage (CCUS) is unlikely to play a major role in decarbonising the global steel industry due to low capture rates, high costs and a track record of underperformance, a think tank said in a report on Wednesday.

The dollar edged down but was still within striking distance of its 5-1/2-month high on Wednesday, keeping the yen rooted near 34-year lows after Federal Reserve officials reiterated interest rates are likely to stay higher for longer.

Brent futures for June were down 51 cents, or 0.6%, to $89.51 a barrel at 1210 GMT, while U.S. crude futures for May were down 41 cents, or 0.5%, to $84.95 a barrel

Three-month copper on the London Metal Exchange was 0.8% higher at $9,547 per metric ton as of 1158 GMT, reversing Tuesday declines caused by slower-than-expected China’s industrial output growth