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Texas .. Hurricanes and winds cut off electricity to tens of thousands of homes And the return of the current to 125,000 homes in Houston

  • 29 October, 2021
  • 5:17 pm EEST

A month and a half after Hurricane Nicholas hit the US state of Texas, strong winds caused power outages in tens of thousands of homes in the state on Thursday. Groups from Centerpoint Energy, one of the US natural gas…

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Oil and gas prices lift Chevron’s profits to 8-year high Earned $6.11 billion

  • 29 October, 2021
  • 5:04 pm EEST

Chevron, the US company, posted its highest quarterly profit in 8 years, thanks to higher oil and gas prices and a pickup in auto fuel demand that boosted refining margins. The strong results came a day after US lawmakers questioned…

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Asian shares, U.S. futures slip, as traders eye policymakers

  • 29 October, 2021
  • 11:16 am EEST

Headlines MSCI Asian benchmark falls 0.4%, European futures slip Brent crude steady, on track for first weekly fall in eight Australia's yield curve control policy at risk Euro strong after ECB meeting Ether hits all-time high Market Asian shares dropped…

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Kenya plans to generate electricity from LNG as an alternative to oil by 2030

  • 28 October, 2021
  • 5:54 pm EEST

Kenya is on the right track to clean energy by converting heavy oil power plants to liquefied natural gas by 2030. In this context, the state-owned Kenya Electricity Generating Company (Kengen) is planning to conduct a feasibility study to restructure…

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Currencies remain quiet in Europe, but the yield curve continues to flatten.

  • 28 October, 2021
  • 4:57 pm EEST

Forex market news for the European trade session on October 28, 2021 Currencies remain quiet in Europe, but the yield curve continues to flatten. In European morning trade, Forex activity was centered on the bond market once again, making for…

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