The African Development Bank (AfDB) has approved more than US$100mn in loans to SA Taxi Development Finance Limited, a wholly owned subsidiary of SA Taxi Finance Holdings Proprietary Limited, to provide a comprehensive financial services offering to minibus taxi operators
Source: African Review
South Africa’s transit sector secures more than US0 million AfDB loans
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Front-month crude oil futures each lost more than 4%.
Source: Offshore
Crude Oil Down Four Percent
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There could be 2 more UK final investment decisions before the year is over, Sillimanite and Columbus.
Source: Offshore
More UK FIDs Before End of Year?
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Two small ports on the Elbe River are competing to build Germany’s first LNG import terminal and help shake up Europe’s biggest gas market.
Source: Offshore
Small Towns in Germany Seek to Shake Up Europe's Biggest Gas Market
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Inpex confirms that the first shipment of liquefied natural gas has departed from its operated Ichthys LNG project.
Source: Offshore
First LNG Shipment Departs Ichthys
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Aker Solutions receives a notification of award for orders valued at more than $205 million from the China National Offshore Oil Corporation.
Source: Offshore
Aker Wins 0MM CNOOC Subsea Order
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How can oil companies apply in a boom period what they were forced to learn in the most recent bust?
Source: Offshore
Four Things to Do with 0+ Oil
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Saudi Arabia says OPEC and allies are in a ‘produce as much as you can mode’.
Source: Offshore
OPEC in Maximum Production Mode
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Oil faltered below $70 a barrel as Saudi Arabia said it has no intention of using its oil wealth as a political tool and as American crude stockpiles were seen gaining for a fifth week.
Source: Offshore
Oil Falters Below
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Halliburton’s optimistic outlook for the U.S. oil and gas industry in 2019 was overshadowed by a worse-than-expected projection for the final three months of this year as activity slows throughout North America.
Source: Offshore
Halliburton's Optimism Clouded by Weak End to 2018
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