Oil Rises as US China Trade Deal Nears
Oil climbs as the U.S. and China were said to near a deal on trade that would underpin the outlook for crude demand.
Source: Offshore
Oil Rises as US China Trade Deal Nears
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Saudis Eyeing $4B Deal for OCI Methanol Assets
Saudi Arabia hopes to tap into growth in demand for chemicals like methanol, and is seeking more acquisitions.
Source: Offshore
Saudis Eyeing B Deal for OCI Methanol Assets
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Canada's Oil Industry Hit With Key Pipeline Delay
Regulatory issues are bogging down another pipeline project.
Source: Offshore
Canada's Oil Industry Hit With Key Pipeline Delay
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Israel Woos Energy Majors
Israel is sweetening the terms of its new gas exploration tender in order to entice major energy firms to finally drill off the nation’s Mediterranean coast.
Source: Offshore
Israel Woos Energy Majors
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Encana and Alta Mesa Cut Jobs in Houston
The two companies announced staff cuts in the Houston area.
Source: Offshore
Encana and Alta Mesa Cut Jobs in Houston
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Perkins appoints Seco Power as distributor in West and Central Africa
Perkins Engines Company has entered into an agreement appointing Seco Power an authorised Perkins distributor for 21 countries in West and Central Africa. Seco Power, part of the Secodi group, will provide sales, parts and service support to Perkins customers in these countries Source: African Review Perkins appoints Seco Power as distributor in West and Central Africa…
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Revolutionising digital payments: MFS
MFS Africa founder and CEO, Dare Okoudjou, speaks on solving the problem of interoperability within mobile money through using the MFS Hub
Source: African Review
Revolutionising digital payments: MFS
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Standard Bank builds international payments blockchain
Standard Bank’s hyperledger fabric-hosted foreign exchange payments and settlement system is expected to go live in the first half of 2019, aiming to significantly increase the international trades and speed up foreign exchange payments, according to Richard de Roos, head of foreign exchange for Standard Bank Group Source: African Review Standard Bank builds international payments…
DetailsUS to Sell up to 6MM Barrels from Petroleum Reserve
The U.S. Department of Energy’s Office of Fossil Energy plans to sell up to 6 million barrels of crude oil from the Strategic Petroleum Reserve.
Source: Offshore
US to Sell up to 6MM Barrels from Petroleum Reserve
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OPEC Output Slides Again
OPEC’s crude production slumped again last month as the cartel implemented planned cutbacks in full and some members were hit by U.S. sanctions.
Source: Offshore
OPEC Output Slides Again
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