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Brent crude oil prices hit a nine-year high
Time of Update: 2023-03-07
Arab News Network reported on March 3 that Russia's economic sanctions have triggered concerns about crude oil supply, and Brent oil prices continued to rise on March 3, breaking through $118, a new high in nine years.
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New EU sanctions against Russia will come into force
Time of Update: 2023-02-20
At a special EU summit held on May 30-31, the leaders of EU member states agreed to grant exemptions to the oil embargo on Hungary and other countries and agreed to a sixth round of sanctions against Russia.
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International Tea News The Way Forward: Key Issues and Future of Darjeeling Tea in India
Time of Update: 2023-02-02
India's best exports Sparsh Agarwal of Dorje Teas, below, said the 2017 shutdown allowed Nepal's tea industry to sell its inferior tea as a "Darjeeling" and unfortunately as of today, the government has not taken the necessary response.
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Sanctions imposed by Europe and the United States will make the flow of Russian oil to Asia and the Middle East even worse
Time of Update: 2023-01-07
"Executives at energy company and commodities trader Vitol said the oil market is bracing for the biggest shift in global trade flows in history, as nearly 3 million barrels per day of Russian crude oil and products will have to be diverted to markets outside Europe and advanced economies in the coming months after EU sanctions come into effect.
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Nexans supplied cables for 860 MW offshore wind farms in Scotland
Time of Update: 2023-01-06
French cable company Nexans will supply output cables for Scotland's 860 MW Moray West offshore wind farm, subject to the project receiving a contract for difference (CfD) in 2022 and reaching a financial settlement.
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Nexans supplied cables for 860 MW offshore wind farms in Scotland
Time of Update: 2023-01-06
French cable company Nexans will supply output cables for Scotland's 860 MW Moray West offshore wind farm, subject to the project receiving a contract for difference (CfD) in 2022 and reaching a financial settlement.
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Japan's imports of cephalopods have been declining year by year, mainly due to currency weakness and rising prices
Time of Update: 2023-01-04
Tetsuya Horie, deputy general manager of the cephalopod segment at Maruha Nichiro, said that Japan's cephalopod imports fell sharply between 2016 and 2021 due to a weaker currency, and the company purchased aquatic products such as octopus, squid and cuttlefish from the West African region, mainly Morocco, Mauritania and Senegal, and the purchase fell from 30,000 tons a few years ago to 5,000 tons, a decrease of more than 50% per year.
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The World Bank introduces new policies to reduce support for Asian-African coal projects
Time of Update: 2023-01-03
" ” The International Finance Corporation (IFC), which owns stakes in many of the largest commercial banks in emerging markets, hopes the restrictions will trigger other investors to exit the coal industry.
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Big Reversal! Germany will not mandate the closure of hard coal power plants by 2026
Time of Update: 2023-01-02
A draft law expected to be approved by the cabinet next week shows that the German government will not close hard coal plants for the next seven years.
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By March 2020, India's new wind capacity is expected to exceed 8 GW
Time of Update: 2023-01-02
Wind power Tulsi Tanti said in a recent interview that building capacity issues are now easing and that much of the construction backlog will be released in the 2019-20 fiscal year.
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The Government of Cape Verde strengthens financial support for the first Euro-Latin American Cable
Time of Update: 2023-01-02
The Cabo Verde government has extended its financial guarantee by $25 million for the new submarine cable system, EllaLink, from 15 to 19 years.
The Cabo Verde government has extended its financial guarantee by $25 million for the new submarine cable system, EllaLink, from 15 to 19 years.
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Russia's grain exports to friendly countries increased by one-quarter this year, mainly in Asia, Africa and the Middle East
Time of Update: 2022-12-29
"Russian Daily" reported on the 7th that Russian Minister of Agriculture Patrushev said at a meeting of the State Duma Committee on Agricultural Issues that Russia's grain output this year will reach nearly 158 million tons.
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Suzlon plans to achieve 20,000 megawatts of wind power installations in fiscal year 2021
Time of Update: 2022-12-28
”:/, please indicate the source for reprinting)/ According to industry estimates, under the thumb rule of Rs 650 crore per megawatt, 30 per cent share translates into revenue of about Rs 39,000 crore.
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The Moroccan-Portugal submarine cable project is scheduled to launch a tender in early 2019
Time of Update: 2022-12-28
In 2015, the two countries agreed on plans to build an undersea cable connecting the two countries, and in 2016 a feasibility study was launched to reach 1,000 megawatts of transmission capacity.
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Aluminum high volatility fundamentals into the off-season
Time of Update: 2022-12-22
Overnight, Shanghai aluminum main 2108 closed at 18830, down 65, LME aluminum closed at 2487. 5, down 18. 5. The spot price of Yangtze River Nonferrous A00 aluminum ingots fell by 250 yuan / ton, the
