US crude oil inventories fell more than expected last week while gasoline and distillate inventories rose as refiners ramped up production.
Source: Offshore
EIA: US Crude Stockpiles Fall More Than Expected To Below 400 Million Bbls
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Dr Nimrod Zalk, industrial development advisor in the office of the director-general of the Department of Trade and Industry, has delivered the keynote address at a Workshop on ‘Digital Transformation in Africa: Leveraging the Promise and Addressing New Challenges’
Source: African Review
‘Africa need to develop a policy response to the digital economy’
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The League of Arab States (Economic Affairs Sector) and the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, have signed a MoU towards accelerating cooperation in the development of intra-Arab trade
Source: African Review
League of Arab States and ITFC announce cooperation towards intra-Arab trade
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Combilift, the material handling solutions provider, has launched a new high capacity powered pallet truck – the Combi-PPT
Source: African Review
Combilift launches new high capacity powered pallet truck
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Kambio Ventures is building a next-generation, blockchain-enabled capital markets platform for asset-backed security tokens for start-ups and small and medium-sized enterprises (SME)
Source: African Review
Kambio and Jibrel to leverage blockchain infrastructure for SMEs
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Oil prices rose on Tuesday as US sanctions squeezed Iranian crude exports.
Source: Offshore
Oil Prices Climb Ahead of US Sanctions on Iran
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Russia’s Federal Agency for Mineral Resources has confirmed hydrocarbon reserves at Gazprom Neft’s Neptune field at 415.8 million tons of oil, the company announces Tuesday.
Source: Offshore
Neptune Field in Russia Sees 1.6-Fold Reserves Increase
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ExxonMobil is planning to spend more than $650 million to upgrade the UK’s largest oil refinery.
Source: Offshore
Exxon Eyes Upgrading UK Refinery For More Than 0MM
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Hurricane Florence may make gasoline more expensive along the East Coast.
Source: Offshore
Hurricane Florence May Make Gas More Expensive, Shut Terminals
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Petronas is interested in developing oil blocks in South Sudan, President Salva Kiir’s office says.
Source: Offshore
Petronas Eyes South Sudan Oil Blocks
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