The sale of ExxonMobil’s Nigerian petroleum assets to Seplat could be approved in less than two weeks, Nigeria’s oil regulator told Reuters on Thursday.

Trade exchange between Egypt and Kuwait fell by 11.8% year on year (YoY) in 2023 to $3 billion, compared to $3.4 billion, according to data by the Central Agency for Public Mobilization and Statistics (CAPMAS).

Russian energy major Gazprom reported its first annual loss since 1999 on Thursday, in the wake of dwindling gas exports due to the Western-sanctions pressure.

WASHINGTON : The US Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing costs, but put a red flag on recent disappointing inflation readings that could make those rate cuts a while in coming, Reuters reported.

MOSCOW, May 2. /TASS/. The dollar exchange rate has grown by 69.5 kopecks on Wednesday’s close, trading at 93.75 rubles on the Moscow Exchange as the trade opened on Thursday.

MOSCOW, May 2. /TASS/. Global Russia Manufacturing PMI (business activity index for the Russian manufacturing industries) fell to 54.3 points in April from 55.7 points in March, according to a study by S&P Global.