Thursday 9 February 2023

Eni's winning gas streak leaves competition chafing

Italian energy group Eni's giant Zohr gas find in Egypt this month, a gamble taken under the noses of competitors, marked the Italian major's rapid rise to preeminence in the hunt for big new fields.   It


Oil on track for longest weekly losing streak in 29 years

Oil prices resumed their downward trend on Friday pulled lower by weaker global stock markets and a sharp contraction in China's manufacturing activity, with the US benchmark on track for its longest weekly losing streak since 1986.


Gold firms after worst losing streak since 1973

Gold firmed on Friday after nine straight sessions of losses, the precious metal's worst losing streak in more than 40 years, as the dollar nursed losses following its extended rally. Spot gold edged up 0.3 per cent to $1,156.


Dell to launch tablet in UAE next month

Dell will launch its 5-inch Android-based Tablet designed to provide people the best “on-the-go” entertainment, social connection, and navigation experience in the UAE next month. The Dell Streak, featuring built-in Wi-Fi, Bluetooth and 3G

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