ADNOC Gas (ADNOC) CEO says they're investing more than USD 20bln to increase processing capacity by approximately 30% by 2029
ADNOC Gas plans to invest over USD 20 billion to enhance its processing capacity by 30% by 2029, indicative of a significant long-term commitment to expanding its operations.
Samsung Electronics (005930 KS) and SK Hynix (000660 KS) have reportedly held talks with Apple (AAPL) to raise prices of LPDDR memory used in iPhones; Samsung's proposed hike is over 80%, whilst SK Hynix's is around 100%, reports ZDNET Korea
Deutsche Bank thinks USD 6,000/oz for spot gold is achievable this year due to a weaker dollar; in alternative scenarios, USD 6,900/oz would be in line with the past 2-year outperformance
ADNOC Gas (ADNOC) CEO says they're investing more than USD 20bln to increase processing capacity by approximately 30% by 2029
DTEK Power Company says the Russian attack damaged an energy facility in Ukraine's Odesa region
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This move could impact energy prices and supply dynamics, particularly in the gas market, and signals ADNOC's confidence in future demand. Investors should consider how this investment aligns with regional energy strategies and potential shifts in market competition.
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