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Tag: Oil and Gas

Gold Trades Cautiously Amid Labor Data and Gaza Talks

Gold Trades Cautiously Amid Labor Data and Gaza Talks Written by Samer Hasn, Senior Market Analyst at XS.com Gold is trading modestly today compared to this week with a downward trend and is settling near $2,727 per ounce. Gold’s moves come after better-than-expected US data eased economic uncertainty, while focus returned to the Gaza ceasefire negotiations, which could help de-escalate regional tensions. Between today and yesterday, we saw unexpected...

CTW Global Summit 2024

CTW Global Summit 2024 Dubai, UAE – The CTW Global Summit 2024 concluded with resounding success, solidifying its position as a key global platform for advancing the trade services industry. Held in Dubai, the summit brought together top industry leaders, innovators, and policymakers to engage in critical discussions that will shape the sector's economic future. Spanning nine pivotal sectors—ranging from Finance & Banking and Special...
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Asia accounts 61% of global ethylene capacity additions

Asia accounts 61% of global ethylene capacity additions Asia is expected to lead the global ethylene industry capacity growth from new-build and expansion projects by...

ExxonMobil’s ‘scope 3’ emissions set to rise despite ‘net zero’ pledge

ExxonMobil’s ‘scope 3’ emissions set to rise despite ‘net zero’ pledge Following ExxonMobil’s announcement of an ambition to achieve net-zero emissions for operated assets by...

Trinidad and Tobago to dominate natural gas production from upcoming projects in Americas in 2025

Trinidad and Tobago to dominate natural gas production from upcoming projects in Americas in 2025 Trinidad and Tobago is expected to contribute around 25% or 820...

How much is Blue hydrogen to account of low-carbon hydrogen capacity by 2030?

How much is Blue hydrogen to account of low-carbon hydrogen capacity by 2030? Hydrogen markets are taking off around the world, and GlobalData expects low-carbon...

Boosting investments allocation among oil and gas operators could strengthen production

Boosting investments allocation among oil and gas operators could strengthen production The Denver Julesburg (DJ) Basin located in Colorado and Wyoming has experienced a constant...

Morgan Stanley and Evercore were top M&A financial advisers in oil and gas sector

Morgan Stanley and Evercore were top M&A financial advisers by value and volume in oil and gas sector for Q1-Q3 2020, says GlobalData Morgan Stanley...

Global demand is set to drop by 5%, investment by 20%

Global demand is set to drop by 5%, investment by 20% The COVID-19 pandemic has caused more disruption to the energy sector than any other...

Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks

Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks The oil and gas industry is increasingly relying on digital technologies to transform...

Divergent economic outlooks for North and South Americas’ oil and gas producing countries, says GlobalData

Divergent economic outlooks for North and South Americas’ oil and gas producing countries, says GlobalData Operators in the Americas region have had to manage projects...

MENA oil and gas pipeline sector still reeling from impacts of weak demand and COVID-19

MENA oil and gas pipeline sector still reeling from impacts of weak demand and COVID-19 The Middle East and African (MENA) oil and gas pipelines...

Slump in fuel demand and lack of storage capacity force Indian refiners to issue force majeure notices

Slump in fuel demand and lack of storage capacity force Indian refiners to issue force majeure notices The extended lockdown announced by India to curtail...

US drives North America’s refining industry to reach 25.8 mmbd by 2024

US drives North America’s refining industry to reach 25.8 mmbd by 2024 The US is expected to lead the refining industry in North America, pushing...