After acquiring a majority stake in Metito… Alpha Dhabi shares rise 0.5%

Mohamed Shaker – Mubasher: The shares of Alpha Dhabi Holding, listed on the Abu Dhabi Securities Market, rose during Monday’s trading, coinciding with its acquisition of a majority stake in Metito Holding Company Limited, which operates in the field of water and wastewater treatment. During today’s trading, by 10:52 AM UAE time, the stock rose […]

Doubts about consumption prospects could cause oil price increases to slow down

Pumping gas for a vehicle at a gas station in Cairo, Egypt. (Photo: AFP/TTXVN) Analysts from Morgan Stanley bank (USA) said oil prices could reach nearly 100 USD/barrel, but a series of factors could prevent a sustainable increase above that level. That is the expected increase in output of countries outside the Organization of Petroleum […]

IFAPA Researchers Participate in the International Olive Symposium 2023

Four researchers from IFAPA have participated in the IX International Olive Symposium 2023 that took place between September 10 and 15 at the UC Davis (California). This event, held every four months and organized by the International Society for Horticultural Science (ISHS)represents an opportunity for researchers and groups interested in the sector to share the […]

Blackmail or threat? – Vedomosti

On September 21, Russian Prime Minister Mikhail Mishustin signed Resolution No. 1537 “On the introduction of a temporary ban on the export of commercial gasoline and diesel fuel from the Russian Federation.” The next day, prices fell by an average of 11.63%. On September 22, during trading on the St. Petersburg Exchange, the price of […]

Oil markets: fears of the Russian ban on fuel exports push Brent to $93.5 per barrel

Oil prices rose during yesterday’s trading, after fears that a Russian ban on fuel exports could lead to a reduction in global oil supplies outweighed concerns that another possible increase in interest rates in the United States might negatively affect demand for fuel.Brent crude futures rose 21 cents, or 0.2 percent, to $93.51 per barrel […]

The UAE Central Bank keeps the base rate at 5.4%

Live: The Central Bank of the United Arab Emirates decided to keep the “base rate” on overnight deposit facilities unchanged at 5.40%, starting tomorrow, Thursday, September 21, 2023. This decision comes after the Federal Reserve announced that it would keep the interest rate on reserve balances unchanged at its meeting held today. The Central Bank […]

Once a Student, Malaysia’s Oil and Gas Industry Now Beats RI

Jakarta, CNBC Indonesia – The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) is threatened with being disbanded if the revision of Law No. 22 of 2001 concerning Oil and Gas (UU Migas) is officially passed. Member of Commission VII DPR RI Mulyanto said that the DPR and the government are […]

Oil consumption is at a record high

Bloomberg 20.09.2023 • 11:33 The oil majors say they support the transition to cleaner forms of energy, but on the condition that the oil will continue to play a key role for several decades to come. In the World Petroleum Congresswhich is being held these days in Calgary, Canada, its leaders Saudi Aramco and her […]