TotalEnergies CEO Announces $6 Billion Investment in Nigerian Energy Industry

TotalEnergies CEO Announces  Billion Investment in Nigerian Energy Industry

TotalEnergies CEO Patrick Pouyanné met Nigerian President Bola Tinubu on Monday. The French giant said it was ready to invest “ six billion dollars over several years » in the energy industry in Nigeria. Published on: 12/20/2023 – 00:03 2 mn During this visit to “ reaffirm the long-term partnership » between the company and … Read more

Progressive Party of Serbia (SNS) Wins Majority in December 17 Parliamentary Elections

Progressive Party of Serbia (SNS) Wins Majority in December 17 Parliamentary Elections

The Progressive Party of Serbia (SNS) wins the majority of votes in the parliamentary elections held on December 17. The first results of the processing of ballots and polls conducted by Ipsos and CeSID show that the SNS can count on 46.2% of the vote, while its main rival, the center-left Serbia Against Violence (SPV) … Read more

Global Oil Prices Record Weekly Gains as OPEC Expects Strong Growth in Demand

Global Oil Prices Record Weekly Gains as OPEC Expects Strong Growth in Demand

Written by – Marwa Al-Ghoul Sunday, December 17, 2023 02:00 PM Oil prices in global markets recorded weekly gains, as Brent crude, the global benchmark, rose by about 0.94%, and US West Texas Intermediate crude rose by about 0.28%. Oil prices recorded $76.55 per barrel for Brent crude futures, and US West Texas Intermediate crude … Read more

Oil Prices Decline as Russian Air Force Raids Militant Sites in Syria

Oil Prices Decline as Russian Air Force Raids Militant Sites in Syria

Written by – Marwa Al-Ghoul Saturday, December 16, 2023 02:00 PM Recorded Oil prices $76.55 per barrel for Brent crude futures, and US West Texas Intermediate crude futures recorded $71.43 per barrel, as prices declined at the end of Friday trading but recorded gains on a weekly basis. Vadim Collet, Deputy Head of the Russian … Read more

The European Union’s Indecisiveness on Ukraine’s Accession Could Benefit Putin: Zelensky Urges Action

The European Union’s Indecisiveness on Ukraine’s Accession Could Benefit Putin: Zelensky Urges Action

The indecisiveness of the leaders of the European Union on the issue of starting negotiations with Ukraine on the country’s accession to the EU could become a victory for Russian President Vladimir Putin. Ukrainian President Vladimir Zelensky stated this while speaking via video link at the European Council in Brussels. According to the Ukrainian leader, … Read more

Russia’s Trade Balance Reveals Billions of “Fake” Dollars, Says Central Bank

Russia’s Trade Balance Reveals Billions of “Fake” Dollars, Says Central Bank

As a result, every third dollar in Russia’s trade balance for October turned out to be “fake” Billions of dollars in raw materials revenue, which, according to the Russian Central Bank, received by the Russian economy turned out to be a statistical error. The news agency reports this Bloomberg. Of the $37.2 billion in export … Read more

Oil Prices Rise in Asian Trading, Supported by US Inventory Decline and OPEC Report

Oil Prices Rise in Asian Trading, Supported by US Inventory Decline and OPEC Report

Written by – Marwa Al-Ghoul Thursday, December 14, 2023 02:00 PM It rose Oil pricesin early Asian trading today, continuing the gains that began in the previous session, supported by the decline in US crude inventories and the expectations of the US Central Bank that reducing borrowing costs will begin in 2024. The rise in … Read more

OPEC Cautiously Optimistic About Oil Market in 2024, Calls for Rejection of Anti-Fossil Fuel Agreement at COP28

OPEC Cautiously Optimistic About Oil Market in 2024, Calls for Rejection of Anti-Fossil Fuel Agreement at COP28

The Organization of the Petroleum Exporting Countries (OPEC) expressed cautious optimism about the fundamental factors that will affect the oil market in 2024. The organization said on Wednesday that the recent decline in prices was due to “exaggerated concerns” about demand, while it maintained its relatively high expectations for oil consumption in 2024. Brent crude … Read more