Saudi Arabia hopes to tap into growth in demand for chemicals like methanol, and is seeking more acquisitions.
Saudis Eyeing B Deal for OCI Methanol Assets
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…Details
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…Details
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.
US to Sell up to 6MM Barrels from Petroleum Reserve