Emirates to add 50 more destinations this month
The carrier resumed passenger flights to nine destinations across the world on May 21
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Latam Airlines files for bankruptcy protection; Chile to throw a lifeline
It is the largest carrier in the world to request emergency reorganisation as the pandemic continues
Adnoc to cut crude nominations by 5% for July
The decision is in line with OPEC’s last month’s decision to reduce supplies
DBSA in talks with lenders to bridge gap in debt capital markets
The disturbances in debt capital markets is slowing down the bank's efforts to sell bonds
Russia, OPEC discuss oil cuts ahead of scheduled June meeting
Some OPEC members are considering output cuts till the end of 2020
UK-based fintech Checkout.com acquires Australia’s PinPayments
The deal will allow Checkout.com access Australia’s $33 bn ecommerce market and expands the company’s reach in APAC
Petrobras to issue global bonds in the US market
Petrobras hired BNP Paribas Securities, BofA Securities, Itau BBA USA Securities, J.P. Morgan Securities among others to conduct bond issuance
Africa’s oil and gas under strain amid global crisis
Renewable energy is recognised as an alternative that could help to mitigate the effect on the oil and gas industry
Axiata to select two vendors to roll out 5G in Malaysia
Huawei already is a listed 5G equipment supplier for Axiata
Global oil and gas decommissioning costs to reach $42 bn by 2024
Around 2,500 oil and gas wells are expected to be decommissioned during the period with around 1,500 in the UK alone