Tag: Raw materials
Russia is “essential” to OPEC + according to its secretary general
Amid soaring global prices, many are hoping oil-exporting nations will significantly increase volumes to quell inflation at their next meeting scheduled for Wednesday. But the secretary general of the alliance,…
lifting of roadblocks and continuation of negotiations
The roads that had been blocked in Panama for three weeks to denounce the high cost of living were unblocked on Tuesday July 26 by the demonstrators, while negotiations continue…
Saudi Arabia doubles its imports of sold off Russian oil
Russia can count on Saudi Arabia to buy its oil and more precisely its refined oil. The Kingdom more than doubled its imports of Russian fuel oil in the second…
After wheat, India will restrict flour exports
Two months after the ban on wheat exports, the Indian authorities have just announced that they will also restrict those of flour, in order to prevent wheat from escaping the…
France is preparing to restart a coal-fired power plant in Lorraine this winter
The French government is preparing to restart the coal-fired power plant in Saint-Avold (Moselle), the Ministry of Energy Transition announced on Sunday June 26. The measure is ” as a…
the G7 wants to ban Russian gold to increase pressure on Moscow
The G7 major powers, seeking to step up pressure on Moscow after a four-month invasion of Ukraine, announced on Sunday, on the first day of their summit, their intention to…
Sri Lanka has virtually no oil or foreign currency to buy food
Sri Lanka is practically out of petrol and diesel, the Minister of Energy announced on Saturday June 25, apologizing to motorists for the aggravation of the oil crisis. The only…
Guinea steps up pressure on mining giants involved in Mount Simandou project
In Guinea, the president of the transition, Colonel Mamadi Doumbouya is increasing the pressure on the two mining giants, Winning Consortium Simandou and Rio Tinto Simfer, involved in the exploitation…
anger of vanilla producers at exporters breaking fixed prices
In Madagascar, as the vanilla export campaign comes to an end on June 30, voices are being raised to denounce the failure to respect the minimum export selling price of…
Brazzaville in slow motion due to a shortage of diesel, while Congo produces it
Brazzaville’s service stations have been dry for several weeks. A situation that penalizes motorists, disrupts transport and slows down economic activity. The inhabitants of the capital wonder about this long…