Walt Disney has cut its investment in programming for traditional television networks pretty dramatically as part of its strategy to maximize audiences and profit in the streaming TV era, Chief Executive Bob Iger said on Wednesday. Iger said he looked expansively at traditional media when he came out of retirement to return to Disney as CEO...
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Oil Petroleum Exporting Countries (OPEC) champions Africa and South-South cooperation at Invest in African Energy (IAE) 2024
High-level OPEC officials unpacked the Organization’s short- to long-term crude oil market perspectives in a special session at the Invest in African Energy forum in Paris on Tuesday. Based on OPEC’s latest Monthly Oil Market Report – released on May 14 – and World Oil Outlook, the session identified key growth drivers of oil supply...
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Egypt merges Petroleum and Renewable energy to create Ministry of Energy
Egypt is looking at the possibility of merging its petroleum and renewable energy ministries, creating an integrated Ministry of Energy to streamline industry operations and regulations. Mohamed Fouad, CEO of Egypt Oil & Gas, Secretary General of the Egyptian Gas Association and Marketing & Communications Committee Chairman of the International Gas Union, told an audience...