Kenya Signs Deals To Import Fossil Fuels On Credit For 6 Months To Relieve Pressure On Demand For Foreign Currency

Credit to Author: Remeredzai Joseph Kuhudzai| Date: Fri, 17 Mar 2023 13:20:02 +0000

Kenya recently signed some deals with firms from Saudi Arabia and the United Arab Emirates (UAE) to supply diesel, petrol, and jet fuel on credit for the next 6 months to ease mounting  pressure on the demand for foreign currency as well as to try to stem the Kenya shillings slide vs. the US dollar […]

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Elon Musk: Tesla Could Be Worth More Than Apple + Saudi Aramco. Stock Market: Not So Fast.

Credit to Author: Zachary Shahan| Date: Thu, 20 Oct 2022 03:57:07 +0000

On the Tesla conference call today, the #1 headline grabber was that Tesla CEO Elon Musk now thinks Tesla [NASDAQ:TSLA] could one day become more valuable than Apple and Saudi Aramco currently are combined. That would entail a massive increase in Tesla’s market cap, as the chart below shows. On this afternoon's $TSLA earnings call, […]

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Saudi’s Aramco IPO Goes From Bad To Worse With New Middle East War Starting

Credit to Author: Paul Fosse| Date: Sun, 05 Jan 2020 01:36:13 +0000

The Saudi government sold off a small 1.5% share of the largest oil company in the world (Aramco) about a month ago. Aramco has huge reserves and it has proven it can produce that oil at a low cost. This oil doesn’t require risky deep sea platforms, fracking, or traveling to the Arctic circle to drill

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Sempra, Saudi Aramco Have 20-Year Deal for LNG

Credit to Author: Darrell Proctor| Date: Wed, 22 May 2019 19:11:20 +0000

Saudi Arabian Oil Co., better known as Saudi Aramco, on May 22 signed a 20-year agreement to buy liquefied natural gas (LNG) from a Texas export terminal being developed by California-based Sempra Energy. The two companies confirmed the deal is a sale-and-purchase agreement for 5 million tonnes per annum (MTPA) of LNG, which is equal […]

The post Sempra, Saudi Aramco Have 20-Year Deal for LNG appeared first on POWER Magazine.

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