About 16 African banks including RAWBANK, the first banking institution in the Democratic Republic of Congo (DRC), and China Development Bank (CDB) signed an agreement for the establishment of the China-Africa Inter Bank Association in Beijing (CAIBA)
Source: African Review
Congo’s RAWBANK signs the China-Africa Inter Bank Association establishment agreement
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OPEC further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was skewed to the downside.
Source: Offshore
OPEC Sees Slower 2019 Oil Demand Growth, Warns On Economy
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After supplying Europe’s biggest economy with natural gas for more than 4 decades, Norway is preparing to defend its share as the world’s biggest producers all vie for a larger slice of the $21 billion market.
Source: Offshore
Norway Poised to Tussle with Global Giants in German Gas Market
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OMV announces Wednesday that it intends to acquire a 50% interest in Sapura Energy Berhad’s wholly owned subsidiary, Sapura Upstream Sdn Bhd.
Source: Offshore
OMV Intends to Acquire 50 Percent Stake in Sapura Upstream
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UK union Unite says its members have ’emphatically rejected’ a revised pay offer by Total.
Source: Offshore
UK Union Members Emphatically Reject Revised Total Pay Offer
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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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Oil eased, having neared its highest level this year after a drop in US crude inventories.
Source: Offshore
Oil Hovers Near A Barrel As Concern Grows Over Global Supply
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Canadian National Railway Co has moved 50% more crude oil by rail during the third quarter to date.
Source: Offshore
CFO: CN Railway Moved 50% More Crude In 3Q To Date
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The approximate sales value of oil and gas produced in Scotland in the 2017-18 financial year is estimated to be $26 billion (GBP 20 billion), according to a new report released Wednesday.
Source: Offshore
Oil and Gas Sales Value in Scotland Rises Almost 20 Percent
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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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