Latest News for: Oil finance

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High interest rates challenge global shift to renewables

PV Magazine 23 Apr 2024
... higher interest rates, and oil giants have lowered their debt significantly from 2020 through 2023, Wood Mackenzie said the availability of finance could pose problems for the fossil fuel industry.
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Reduction in Diesel Price: Experts Thumb up for Deregulation, Naira Flotation

This Day 22 Apr 2024
Nigeria’s oil and gas industry stakeholders have commended President Bola Tinubu over his administration’s economic policies, attributing the recent reduction in price of diesel to the gains of the policies.
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Again, NNPC Pledges to Transform Nigeria into Gas-powered Nation

This Day 22 Apr 2024
Meanwhile, the Lagos Commodities and Futures Exchange (LCFE) plans to offer crude oil and gas trading to deepen access to financing for the industry, the biggest foreign-exchange earner for the nation, Bloomberg has reported.
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9% spike in Mideast military spending driven by Saudi Arabia, Israel, Turkey

Al Monitor 22 Apr 2024
Saudi Arabia is the world’s largest exporter of crude oil, and the growth in its military spending in 2023 was partly financed on the back of increased demand for non-Russian oil and rising oil ...
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Middle East military burden is world's highest in 2023 as Israel spending up 24%

The National 22 Apr 2024
"Saudi Arabia is the world’s largest exporter of crude oil, and the growth in its military spending in 2023 was partly financed on the back of increased demand for non-Russian oil and rising oil ...
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Bankers Upgrade Lockheed Stock After Iran Strikes at Israel

Scheerpost 22 Apr 2024
“The obvious short-term winners will be oil & gas stocks as well as defense contractors.”. As finance journalist Jacob Wolisnky put it in a recent preview of defense stock picks, “Where there’s war, ...
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OQ & partners invest $2.825bn in Al Wusta Governorate

GCC Business News 21 Apr 2024
OQ also signed agreements to support the health sector in Al Wusta Governorate, financing projects such as the Emergency and Accidents Unit at health centers. The Ras Markaz Crude Oil Storage Project, ...
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Marginalized communities need big environmental wins

Bangor Daily News 21 Apr 2024
Recognizing the significant contribution of Texas and Louisiana emissions — particularly from oil, gas and petrochemical industries — there is a pressing need to lead in climate finance investments, ...
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Chris Long: Football — more than a series of downs

The Roanoke Times 20 Apr 2024
What is the functionality of high school football for someone who might end up working in finance, on an oil rig or running a small business? ... .
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One French company’s lonely struggle to survive fierce competition from China

Live Mint 20 Apr 2024
Two large factories are in the works but neither has broken ground yet.“We have managed to free ourselves from dependence on Russian gas and oil ... panels?” said French Finance Minister Bruno Le Maire.
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Economic optimism tosses PSX to all-time high

Dawn 20 Apr 2024
He added that the surge in global crude oil prices amid geopolitical tensions and the finance minister’s ruling out significant devaluation with the IMF deal played a catalyst role in the record close.
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Lucas: ‘Don’t Go, Joe’ Biden a danger to us all

Boston Herald 20 Apr 2024
What a difference an election makes! ... Biden says, “Don’t.” ... Those sanctions, unenforced by Biden, meant billions of dollars in oil income to the mullahs. It was money they used to finance their terrorist proxies and their military ... Not a joke ... ....
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ANDREW NEIL: With Iran ever closer to getting the Bomb, Israel and its new Arab ...

The Daily Mail 20 Apr 2024
Sanctions against Iran were loosened, billions in finances unfrozen for Tehran’s use and Iranian oil exports flooded on to the global market once more ... It even helped finance an extensive Iranian ...
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Gov't to enhance market monitoring over rising oil prices

Korea Times 19 Apr 2024
The government will beef up the monitoring of gasoline prices to prevent excessive pump price increases amid rising global oil prices stemming from the Middle East crisis, the finance ministry said Friday.
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Nigeria To Launch Crude Trading at its Commodity Exchange

Oil Price 19 Apr 2024
The goal of the launch of crude oil trading is to expand access to financing for the oil and gas ...
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