A disruption to Middle Eastern exports has removed approximately 36 million tonnes of liquefied natural gas from the global market, creating a rare opening for African producers as buyers search for supplies outside the Gulf. The Middle East war has removed approximately 36 million tonnes of LNG from the global market. Asian spot prices have…
Hopes for a common BRICS currency have been put on hold for now, with the bloc instead pushing ahead with plans to settle more trade and investment in members’ local currencies. BRICS has paused plans for a single common currency and is now focusing on increasing the use of local currencies in trade. The bloc…
Travellers paying as much as $120,000 to visit Antarctica will soon fly from South Africa using jet fuel made partly from used cooking oil and other biological waste. Sasol will supply locally produced sustainable aviation fuel for luxury flights from Cape Town to Antarctica. White Desert offers Antarctic trips costing between $16,500 and $120,000. The…
