Manama / Emirates Business The number of POS and Ecommerce transactions in Bahrain shot up by 65% in August, year-on-year, reaching a total value of nearly $744 million during the month, after topping $3.62 billion in the first half of 2021, the Central Bank of Bahrain (CBB) revealed on Tuesday. According to new figures from the CBB, there were more …

Bloomberg Neptune Energy Group Ltd, the private equity-backed explorer, is considering options including a merger with Harbour Energy Plc that could create one of Europe’s largest independent oil and gas companies, people familiar with the matter said. Neptune, part-owned by Carlyle Group Inc and CVC Capital Partners, is working with an adviser as it studies a potential combination with London-listed …

Bloomberg China Petroleum & Chemical Corp, commonly known as Sinopec, returned to profit in the first half as the nation’s recovery from the pandemic boosted demand for the refiner’s transport fuels and plastics. Asia’s biggest oil refiner posted a net profit of $6.2 billion, compared with a loss of 21.8 billion yuan a year ago, the company said in a …