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Jordan and the Syrian Badia

The recent developments in the As-Suwayda suburbs, adjacent to Jordan, provokes a major question regarding our visions for the upcoming phase. The Syrian army is expanding its area of control in these areas and has got a grip on many points on the north-eastern border around the former Hadlat refugee camp, the inhabitants of which were expelled to Al-Rukban refugee camp, most of whom are families of the opposition factions from Jordan. Meanwhile, the position of the armed factions (specifically the Forces of Martyr Ahmad Al-Abdo, Liwa Shuhada Al-Qaryatayn, and the Lions of the East Army) that are active in the area is unstable, while the Army of Free Tribes has withdrawn from several areas and has avoided confrontation with […]

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OPEC production falls to 32.76 million b/d in August

September 12, 2017 Latest News 0

The Organization of Petroleum Exporting Countries said secondary sources estimated its oil production fell 79,000 b/d in August to 32.76 million b/d compared with July. It was the first time since April that the oil cartel reported a production drop.Th…

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USD/CAD Risks Larger Correction as RSI Divergence Takes Shape

September 12, 2017 David Song 0

USD/CAD trades in a narrow range following the BoC rate-hike, with the pair at risk for a correction as the bearish momentum appears to be tapering off.The post USD/CAD Risks Larger Correction as RSI Divergence Takes Shape appeared first on Forex news …

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Shell, Petrobras To Cooperate In Developing Brazil’s Pre-Salt Fields

September 12, 2017 Tsvetana Paraskova 0

Shell and Petrobras have signed an agreement to set up a long-term cooperation initiative to develop pre-salt fields in Brazil, the Anglo-Dutch oil major said on Monday. Under the memorandum of understanding (MoU), Shell and Petrobras will share expertise and experience in technical and operational solutions, contract management, cost efficiency initiatives, and deepwater experience. The cooperation deal is for five years and can be additionally extended. “Competitive growth of deep-water resources remains key to our company’s strategy…

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The Mining Sector In This Troubled Nation Just Collapsed

September 12, 2017 Dave Forest 0

Tanzania’s mining sector has been in chaos lately. With the government escalating attacks on local gold, copper and gems producers over the last several months.  And this week, things hit their most dire point yet.  The action kicked off last Thursday. When local media reported that Tanzania’s government had completed a review of the mining sector — and found “gross irregularities” in mining contracts and tax payments across the country.  The fallout then came fast and heavy. With at least two senior…

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