Angolan Mining Oil & Gas - Page 281 of 390 - Top Angolan News for Oil, Gas and Mining Industries

International News Oil

Russia Resumes Oil Exports to Brazil, Two Years Later.

9, October, 20239, October, 2023

After a two-year hiatus, Russia resumed oil exports to Brazil last month, marking a significant moment in the trade relations between the two countries. The return of Russian oil to Brazil is seen as a positive sign for the trade relations between the two nations. According to data from the Brazilian Customs, imports of Russian oil totaled 84,400 tons, valued at 40 million dollars. This is the largest delivery since June 2010 when Russia supplied

Read More Here

Economy Local News Oil

Saudis and Other Arab Countries Reaffirm Commitment to Oil Production Adjustments

9, October, 20239, October, 2023

The United Arab Emirates reaffirmed its commitment to “voluntary collective and individual adjustments” in oil production, as reported by the Saudi state news agency on Saturday 7th of October, 2023. It emphasized that the Oil Ministers of the six countries gathered on the sidelines of the MENA UN Climate Week event in Riyadh. Furthermore, the ministers reiterated the willingness of the Declaration of Cooperation (DoC) countries to take “additional measures at any time in their

Read More Here

Energy

Persian Gulf Calls for Crude Oil Not to Be Excluded from the Transition

9, October, 20239, October, 2023

The Gulf Cooperation Council, which includes the major oil-rich economic powers of the Middle East, called yesterday to “avoid excluding” crude oil from the energy transition and to maintain investments in the sector in order to uphold a “balanced” policy. “We emphasize the importance of the international community avoiding the exclusion of the primary energy sources and not neglecting investments in these sectors,” said the Gulf Cooperation Council (GCC) in a statement during the Middle

Read More Here

Gold International Mining News

Gold Fields Announces Strategic Investment in the Great Southern Project

9, October, 20239, October, 2023

Gold miner Gold Fields will spend up to A$15 million to earn a 75% interest in the Edinburgh Park gold project, in north Queensland, owned by ASX-listed Great Southern Mining. Under the earn-in agreement, Gold Fields will sole-fund up to A$15 million in exploration expenditure over a six-year period, to earn the majority stake in the project, which incorporates nine granted exploration licences and two exploration licence applications covering 1,750 km2. The licences surround the

Read More Here

Economy International News

Antonini Group Secures Lucrative $217 Million Contract for Sabratha Compression Unit in Libya

9, October, 20239, October, 2023

The Antonini Group, an Italian engineering and construction company, has secured a $217 million contract for the construction of the Sabratha platform compression project in Libya. The project, commissioned by the Mellitah Oil and Gas Company a joint venture between Libya’s state-owned National Oil Corporation and the Italian firm Eniv will involve the creation of a compression unit to be installed on a gas platform situated 42 m above sea level and 120 m from

Read More Here

Economy International News Oil

Oil Prices Soar 4% Amid Rising Tensions in Israel-Hamas Conflict

9, October, 20239, October, 2023

Oil prices surge 4% amidst escalating Israel-Hamas conflict The Israel-Hamas conflict drives oil prices up 4%, reaching $88.41 per barrel. Saudi Arabia calls for de-escalation amidst rising tensions. During the early hours of Saturday 7th October 2023, coinciding with a significant Jewish holiday, the Palestinian militant group Hamas initiated a multifaceted incursion into Israel, utilizing land, sea, and air, including paragliders. This attack occurred shortly after thousands of rockets had been launched from Gaza into

Read More Here

Economy Energy Gas International News Oil

GE Revolutionizes Energy Generation: Harnessing Flare Gas for Power Generation

9, October, 20239, October, 2023

Joseph Anis, President and CEO of GE Vernova’s Gas Power business for Europe, the Middle East, and Africa, sheds light on the emerging economic and environmental prospects associated with flare gas and related technologies in the MENA region. Globally, substantial volumes of natural gas are annually flared or released into the atmosphere at oil production sites, contributing to significant carbon dioxide (CO2) and methane emissions equivalent to the output of 83 million cars, as estimated

Read More Here

Gold International

Israel Attack Likely to Boost Gold and Safe-Haven Assets

9, October, 20239, October, 2023

The violence in Israel will likely prompt a move into safe-haven assets as investors closely watch events in the Middle East to gauge geopolitical risk to markets. Gunmen from the Palestinian group Hamas entered Israel in an unprecedented attack on Saturday 7th October. Western countries, led by the United States, denounced the attack and pledged support for Israel. Rising geopolitical risk could see buying in assets like gold and the dollar, and potentially boost demand for US

Read More Here

Economy Local News Oil

Brent Crude Price Sees a 0.64% Increase for December Delivery, Reaching $84.57

9, October, 20239, October, 2023

The Brent oil price for December delivery rose 0.64% to $84.57, according to the last update at 12:39 on October 8, 2023, in the London futures market. The North Sea crude, a benchmark in Europe and Angola, ended the session on the International Exchange Futures trading at 54 cents above the $84.03 it closed at last Thursday. Brent rebounded on Friday after positive economic data from the United States was released, which improved expectations for

Read More Here

Diamonds International

Petra Foresees 2-Month Import Pause to Stabilize Diamond Market

6, October, 20236, October, 2023

London-listed Petra Diamonds has released initial results for its Tender 2 sales, which have been brought forward owing to a two-month moratorium on diamond imports to India starting on October 15. The initial results of Tender 2, which account for 75% of the total tender volume, indicate sales of 344 554 ct for $30.2-million. The average price realised in the tender was $88/ct, which is between 16% and 18% lower than the average price achieved

Read More Here

« Prev 1 … 279 280 281 282 283 … 390 Next »

More Angolan Mining News