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'We can see a warm future': Oil executives, energy officials discuss future of alternative fuels

The 23rd World Petroleum Conference kicked off Dec. 6 in Houston, with almost 5,000 people from 70 countries in attendance, according to World Oil magazine.


White House reassures oil industry: Administration has 'heard you loud and clear'

A bipartisan group of lawmakers from the House of Representatives recently sent a letter to Pres. Joe Biden asking him not to ban the export of oil from the United States.


IMF executive board concludes 2021 Article IV consultation with the Republic of Malawi

The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the Republic of Malawi on December 13, 2021.


A Christmas special: Interview with Santa Claus

The North Pole may be the busiest place in the world at this time of year.


IMF staff completes mission for the first review of the Extended Fund Facility for the Republic of Gabon

An International Monetary Fund (IMF) staff team led by Mr. Boileau Loko visited Gabon from December 8 to 14, 2021 to conduct discussions on the first review of Gabon’s extended arrangement under the Extended Fund Facility (EFF), which was approved in July 2021.


Consumer prices and core inflation rising at alarming rate

The U.S. Bureau of Labor Statistics has announced that the year over year producer price index reached record marks in November.


IMF executive board approves new Extended Credit Facility (ECF) arrangement for Chad

The Executive Board of the International Monetary Fund (IMF) approved a 36-month arrangement under the Extended Credit Facility (ECF) in an amount equivalent to SDR 392.56 million (about US$570.75 million or 280 percent of quota), to help meet Chad’s large balance-of-payments and budgetary needs, including by catalyzing financial support from official donors.


Real personal consumption expenditures and personal income by state, 2020

Today, the U.S. Bureau of Economic Analysis (BEA) released official statistics of real state personal consumption expenditures (PCE) for the first time.


IMF staff completes mission for the second review of a staff-monitored program to Guinea Bissau

An International Monetary Fund (IMF) staff team, led by Mr. Jose Gijon, held virtual and on-site meetings with the authorities, from November 30 to December 13, 2021, to conduct the second review of the 9-month Staff-Monitored Program (SMP).


Roku declared top streaming platform in Mexico: 'proud to be the No. 1'

Roku Inc. recently came in No. 1 with its streaming platform in Mexico, according to the Hypothesis Group.


Blade gains exclusive rights to Helijet's scheduled passenger business in Canada: 'a perfect fit'

Blade Air Mobility Inc. has acquired Helijet International Inc. to help operate its aircraft in Vancouver, Victoria and Nanaimo, British Columbia.


'We thank the UK government for their support in this supply agreement': Moderna announces deal with UK to deliver an additional 60 million COVID vaccine doses in 2022 and 2023

Moderna Inc., a biotechnology company that has helped advance messenger RNA (mRNA) treatments and vaccines, recently announced an updated supply agreement with the UK government for up to 60 million doses of Moderna's COVID-19 vaccine.


Study shows CO2 emissions worldwide may have been flat for a decade

Data from the Global Carbon Project released last month shows carbon dioxide emissions have risen this year following a COVID-19 pandemic-related drop in 2020.


ANZ appoints Mark Harding as global head of financial institutions group

ANZ has announced the appointment of Mark Harding as the Global Head of its Financial Institutions Group (FIG).


ANZ supports extended SME recovery loan scheme amid rising demand

ANZ has expressed support for the Federal Government's decision to extend the Small to Medium Enterprise Recovery Loan Scheme.


Idle cargo ships represent current retail industry

Due to supply chain shortages and other pandemic issues, idle cargo ships have partnered with Pricefx to promote new marketing and pricing strategies. Pricing is projected to continue amid the ongoing supply chain crisis.


Gate Energy opens office in Mexico City

Gate Energy continues its global expansion with a new establishment in Mexico City.


How Australia became the country producing the most solar rooftop energy

By utilizing a decentralized rooftop solar energy sector, Australia continues to further its commitment to clean energy.


Cannabis company partners with expert in drug delivery for 'evidence-based' products

A cannabis cultivation company in Western Australia has partnered with an expert in drug delivery technology to develop both pharmaceutical and consumer products.


Omicron variant's effect on oil prices uncertain: 'OPEC+ needs a bit more time'

The COVID-19 variant, Omicron, is throwing an uncertain picture on the outlook for oil prices, according to the Associated Press.