An oil pump jack is seen in Artesia, New Mexico, US, April 6, 2023. — ReutersStrait of Hormuz traffic remains limited amid conflict.Iranian oil exports fall to lowest level in six years.OPEC secretary general says oil demand to remain robust.SINGAPORE: Oil prices rose on Friday,…
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Electronic Arts to be bought by Saudi-led consortium for $55bn
A sign is posted in front of the Electronic Arts headquarters, Redwood City, California, US, January 30, 2024. — AFP
Video game giant Electronic Arts announced Monday it would be acquired by a consortium led by Saudi Arabia’s Public Investment Fund for $55 billion, in…
Pakistan receives much-needed LNG cargo amid global energy crisis
This representational file photo shows a fisherman standing in his boat as a liquid natural gas tanker passes the coast near Havana. — Reuters Efforts continue to secure four stranded cargoes from Qatar.Arrival comes at critical time, offering relief to power sector.Power…