Estimates recently released by JMP Securities, show that the current aggregate revenues to the Kumul Petroleum Holdings Ltd (KPHL) from the project this year is between US$750 million and US$775 million (about K2.5 billion and K2.6 billion) based on the high prices currently being achieved.Read More
Saudi Arabia said Middle Eastern economies will be boosted by efforts to cut planet-warming gases and announced a fund to invest in carbon-capture technology.Read More
Global Economic Outlook Q3 2021: Picking Up Steam, Fueled By Vaccinations. The effective end of the pandemic is approaching, particularly for the most advanced economies, as vaccinations become widely available, severe COVID-19 cases fall, and economies reopen. This is happening earlier and faster than previously assumed, driving both growth and inflation higher.Read More
China’s Economy Is Reeling From Successive Punches: Eco Week - Bloomberg: China is counting the cost of a multiple whammy of hits to its economy, from a crackdown on the property market and an energy crunch to stringent virus controls and soaring commodity prices. Read More
Biofuel is a type of fuel that is produced from biomass (that is from plants and animal material). Unlike fossil fuels which take time to form because of the slow geological process, biofuels are readily available and can be produced from other sources apart from plants such as industrial waste with biological origin.Read More
Oxide projects considered for US, elsewhere: International mine developers are striving to bring on stream new rare earths projects outside China to secure supplies of the minerals used in electric vehicle engines and wind turbines as prices surge, CEOs of two developer companies told S&P Global Platts.Read More
Cryptocurrency experts believe it will surpass traditional finance in Australia as early as 2029 after a new report revealed the country had accumulated $7bn worth of digital coins.Read More
We live in a time of unparalleled disruption: Supply chains are being knocked sideways, consumer markets altered, and public institutions are stretched to their limits. The world over, organizations are spending significant amounts of time, talent and treasury navigating our increasingly complex business system, the challenges of which are exacerbated by the COVID-19 pandemicRead More