Jennifer Gnana is a multi-lingual journalist with experience in print and broadcast, currently based in Bahrain. She has extensive experience reporting on economic development in the Middle East, with a focus on GCC and Iran. Her specialty is feature writing and risk analysis. She is fluent in ...

Saudi Arabia to develop hydrogen fuel cell-based transport, sustainable jet fuel

20 Jan 2022  |  S&P Global  |  English  |  Sustainable Jet Fuel

Saudi Arabia has signed eight preliminary agreements to develop hydrogen fuel cell-based transportation and sustainable jet fuel, aiming to lead in energy transition. The agreements involve key national entities and target public buses, railways, and industrial cities. The country is also exploring nuclear-powered hydrogen production. Saudi Arabia's broader decarbonization efforts include a 2060 net-zero emissions target and significant investments in green hydrogen projects, particularly in the planned megacity Neom. The state oil company, Saudi Aramco, aims for net-zero by 2050, and the Saudi Green Initiative plans to offset 278 million mt of CO2 by 2030.

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S&P Global Platts Analytics Neom Red Sea Development Co. Princess Nora bint Abdulrahman University Saudi Railways Co. Saudi Technology Development and Investment Company Royal Commission for Jubail and Yanbu Royal Commission for Makkah City and Holy Sites Saudi Green Initiative

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Lu Han is a journalist based in Doha, Qatar.

China's copper concs TC/RCs to be supported in Q3 by spot volume dip, output cuts

17 Jul 2023  |  S&P Global  |  English  |  Commodity Insights

China's copper concentrate treatment and refining charges (TC/RCs) are expected to strengthen in Q3 due to reduced demand from smelters amid production cuts and increased use of copper substitutes. In Q2, aggressive buying and shipment delays led to historical lows in spot TC/RCs. However, smelters have since reduced copper concentrate usage, and demand for Q3 shipments has fallen. The market outlook for Q4 is mixed, with additional supply expected from various mines, but new smelting capacity may outpace this supply. China's copper cathode import premium is expected to recover slightly, but high prices and firm domestic supply pose challenges. The European Commission's duties on Chinese EV imports and high inventories also impact the market.

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Platts S&P Global Commodity Insights National Bureau of Statistics European Commission

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Heba Hashem is a seasoned freelance journalist with over 15 years of experience in the media industry, adept in both Arabic and English. Based between Dubai, UAE, and Niagara Falls, Canada, she has honed her skills in a variety of sectors, including real estate, logistics, retail, finance, and ...

Freelance journalist currently based in Mumbai, India. Write on international relations & and geopolitics with its relation to business. Covers various sectors of business, including oil & gas, defense, banking & finance, telecom & IT, among others. 
For the past 3 years, have been closely ...

Putin inaugurates new rail service to Crimea amid ongoing conflict with Ukraine

28 Dec 2019  |  The Hindu  |  English  |  International Sanctions

The article discusses the inauguration of a new rail service over the Kerch Strait, connecting Crimea to Russia's mainland, a project that is significant for Russian President Vladimir Putin amidst declining approval ratings. The rail and road bridges are expected to ease travel to Crimea for Russians. The bridge was constructed by a company owned by Putin's ally, Arkady Rotenberg. The annexation of Crimea by Russia led to international sanctions. Additionally, the article covers the recent gas transit deal between Russia and Ukraine, facilitated by Gazprom and Naftogaz, which was reached after lengthy negotiations and compromises. The deal is seen as a potential positive influence on the ongoing conflict between the two nations. The article also touches on the U.S. sanctions on the Nord Stream 2 pipeline project and the meeting between Putin and Ukrainian President Volodymyr Zelensky.

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S&P Global Platts

Josh Poyser is a freelance journalist and photographer based in Leeds, United Kingdom.

MonetaGo appoints industry leaders to drive global fintech advancements

01 Oct 2023  |  Fintech Intel  |  English  |  Fraud Prevention

MonetaGo, a Singapore-based fintech company, has expanded its board of directors by appointing Robyn Dittrich, David Rutter, and Arnau Porto, with Porto taking on the role of executive chairman. The new members bring extensive experience in international sales, operations, banking, technology, and investment in growth-stage technology companies. MonetaGo's flagship product, Secure Financing, aims to combat duplicate financing fraud and is integrated into the Swift system. The new leadership is expected to drive MonetaGo's global advancements in digitization and fraud prevention for financial services.

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S&P Global Platts BHP BP ICAP Electronic Broking

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HWEE HWEE TAN is a freelance journalist based in Singapore. She has a First Class Honours degree in English Literature from the University of East Anglia (UK), a Masters in English from the University of Oxford and a MFA in Creative Writing from New York University. She has worked as a staff writer ...

APPEC: Surging Asia LNG spot prices point to sustained volatility over winter: Vitol executive

29 Sept 2021  |  www.spglobal.com  |  English  |  Trade

Asia's spot LNG prices are expected to remain volatile in the upcoming months, with a slim chance of a cold winter potentially triggering price spikes. Vitol's LNG trading manager, Sid Bambawale, highlighted weather as a key factor during the APPEC 2021 conference. Record high prices from the summer were attributed to low inventories and supply outages. Global liquefaction facility utilization is at a record low, according to Novatek's Yuriy Eroshin. European and Asian spot prices are closely correlated, with European prices affected by reduced Russian gas. TotalEnergies' Denis Bonhomme described the winter outlook as tense. High LNG prices have led to increased coal-fired power generation in Europe and potential fuel oil imports in South Asia. Cheniere's Andrew Walker emphasized the need for market balance and LNG's role in climate change efforts.

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S&P Global Platts Freeport LNG Papua New Guinea LNG TotalEnergies

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Mayumi Watanabe is a journalist based in Chofu, Japan. She is fully bi-lingual in English and Japanese. 
She has 15-years metals commodity coverage as a senior editor at Platts. Her coverage area extends throughout rare to base metals and had addressed their market price trends, fundamentals, ...

Japanese steelmakers unfazed by global ferrovanadium shortage

02 Nov 2018  |  S&P Global  |  English  |  Global Trade

Japanese steelmakers remain unaffected by the global ferrovanadium shortage due to reliance on local suppliers and protective contracts. Local suppliers Taiyo Koko and JFE Materials have met the demand, eliminating the need for imports. The global demand for ferrovanadium has surged, driven by China's new building regulations and increased orders from earthquake-prone regions. Despite the tight supply and rising prices, Japanese steelmakers with annual contracts are assured of continued supply. The article highlights the stability in Japan's ferrovanadium market amidst global shortages.

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