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The Egyptian side said it confirmed that it has at least 8 million barrels of oil reserves in the East Crystal-1 well in the Gulf of Suez.
Singapore's Gulf Bank is seeking to raise at least $50 million in a funding round and plans to buy a stablecoin payments company next year, according to people familiar with the matter. The start-up bank, founded by Singapore family office Whampoa Group and licensed in Bahrain since February, is in talks with Middle Eastern sovereign wealth funds and other investors to sell a stake of less than 10 percent by early 2025, who spoke on condition of anonymity because the matter is being done private...
According to market news, Gulf oil producers such as Saudi Arabia, the United Arab Emirates or Qatar may be buying bitcoin at the sovereign level. The relevant sovereign funds may disclose the relevant news during the Bitcoin Summit in Abu Dhabi on December 9-10. At present, the total asset management size of Saudi PIF, UAE ADIA and Qatar QIA has exceeded 2 trillion US dollars. With the total market value of bitcoin has surpassed the world's largest oil company...
On June 6, the "Starship" rocket of SpaceX, Musk's space exploration technology company, carried out its fourth test flight today. During the last test flight, the Starship lost contact during re-entry into the earth's atmosphere. During this test flight, a few minutes after the Starship flew, the super heavy booster used to propel it into Earth orbit separated and fell back to Earth as planned. Then, the booster ignited the engine for the last time to slow its impact speed, and then the Starshi...
Yemeni Houthi spokesperson: Yemeni Houthi militants have attacked two ships with rockets in the Gulf of Aden.
Mexico is the largest crude oil supplier along the Gulf Coast of the United States, and its reduction in exports may further push up oil prices, which are already at a six-month high. Click to view>& Gt;
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