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FrieslandCampina Posts 16.7% Drop in Profit for H1 2016

Sep 6, 2016

The profit of Royal FrieslandCampina decreased by 16.7 percent over the first half-year 2016 to 160 million euros compared to the same period in the previous financial year. Due to the significant increase in the member dairy ...

Tags: Royal FrieslandCampina, profit

Blinging Down Botswana's Economy

Sep 18, 2015

It’s a long way from New York’s Madison Avenue advertising agencies to Gaborone, but for Botswana a lot is riding on the success of the ad campaign De Beers will launch in the coming weeks. Like oil-exporting countries now ...

Tags: Botswana's Economy, Overseas shipments

Oil Price Falls

Apr 23, 2015

When the oil price crashed last year, many assumed that the earliest casualties would be the small, nimble American companies that specialise in getting “unconventional” oil out of shale, tar-coated sand and the like. After all, ...

Tags: Oil Price, falling price

OPEC Would Need to Boost Its Output in Q3 by Some 900,000 B/D to Meet Rising Demand

May 19, 2014

The International Energy Agency said Thursday OPEC would need to boost its output in the third quarter by some 900,000 b/d from April's level to meet rising global demand, and warned that OECD oil stocks remained tight by historical ...

Tags: OPEC, oil supply

Global Demand for Naphtha Will Expand Faster Than Any Other Light Products Through 2020

Nov 14, 2013

Global demand for naphtha will expand faster than any other light products through 2020, spurred by rising needs of the petrochemical industry in Asia, as per the latest report by the Organization of Petroleum Exporting Countries (OPEC). ...

Tags: naphtha, light products

North America Is The World's Largest Consumer of Packaging.

Nov 7, 2013

North America is the world's largest consumer of packaging. Since a brief dip in 2009, the North American packaging market has recently been growing steadily. Although market sentiment is still cautious in the region, the North American ...

Tags: Packaging, Printing

North America Is The World's Largest Consumer of Packaging

Nov 6, 2013

North America is the world's largest consumer of packaging. Since a brief dip in 2009, the North American packaging market has recently been growing steadily. Although market sentiment is still cautious in the region, the North American ...

Tags: Packaging Market, Packaging, Printing

Saudi Arabian Customs Officials Have Foiled an Attempt to Smuggle 3.255 Million Kg

Mar 27, 2013

Saudi Arabian customs officials have foiled an attempt to smuggle 3.255 million kg (equivalent to 27,300 barrels) of refined oil products out of the eastern port of Dammam, capital of the kingdom's oil-rich Eastern Province, the official ...

Tags: Saudi Arabia, Foils, Oil Products

Exports From The GCC Countries to China Rose to USD 7.1 Billion

Dec 27, 2012

Trade Arabia News Service reported that exports from the GCC countries to China rose to USD 7.1 billion in October from a yearly low of USD 4.9 billion in August, marking a 45.6% increase in just Q1. Growth expectations in the Chinese ...

Tags: exports, GCC countrie, China, Chinese economy

OPEC Will Hold an Extraordinary Meeting If Oil Prices Come Down Below USD 100

Dec 26, 2012

Tehran Times cited Mr Rostam Qasemi Oil minister of Iranian as saying that OPEC will hold an extraordinary meeting if oil prices come down below USD 100. Mr Qasemi said that''According to projections,oil prices will remain higher than ...

Tags: Opec, Mineral, cut production ceiling

OPEC Is Expected to Stick with an Output Target of 30 Million Barrels Per Day

Dec 12, 2012

Arab News cited Mr Abdullah Al Badri secretary general of OPEC as saying that ahead of the oil exporting group's meeting in Vienna next week. The market is comfortable as I see it at this time. OPEC is expected to stick with an output ...

Tags: oil exporting, OPEC, global economy, energy demand

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