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2020, September, 1, 14:45:00
RENEWABLES NEED INVESTMENT $2.55 TLN
A doubling of annual investment in renewables from around USD 300 billion per year to well over USD 700 billion per year will need to take place, with a total of USD 22.5 trillion of energy sector investments made by 2050.
2020, September, 1, 14:40:00
GERMANY'S COAL COMPENSATION €40 BLN
In July 2020, the German coalition government has approved a €40bn compensation package for power utilities, which operate hard coal-fired power plants in the country and should shut them down by 2038 at the latest.
2020, September, 1, 14:35:00
SWEDISH ZERO EMISSIONS STEEL
Three Swedish firms came together to form an innovative partnership around the HYBRIT project,
2020, September, 1, 14:30:00
JAPAN'S HYDROGEN SHIP
the actual introduction of commercial high-speed fuel cell vessels in Japan will only be possible in the 2030s,
2020, September, 1, 14:25:00
SAUDI ELECTRICITY FINANCING $2.4 BLN
The Saud Electricity financing is a 7-year medium-term facility and is unsecured syndicated borrowing.
2020, September, 1, 14:15:00
GAZPROM'S PROFIT RUB33 BLN
Profit attributable to the owners of PJSC Gazprom amounted to RUB 32,919 million for the six months ended June 30, 2020.
2020, August, 31, 12:30:00
OIL PRICE: NOT BELOW $46
Brent advanced to $46.50 a barrel, WTI was at $43.48 a barrel, up 51 cents, or 1.2%.
2020, August, 31, 12:25:00
ADNOC CUTS OIL PRODUCTION
ADNOC informed customers who lift contracted monthly volumes -- known as term lifters -- that it would cut the quantity of volumes available for export over October by 30% for its more popular Murban and Upper Zakum grades and for Umm Lulu and Das Blend,
2020, August, 31, 12:20:00
CHINA'S GAS PRODUCTION WILL UP
Natural gas and LNG is set to remain Petrochina's strategic business after it had agreed to transfer gas pipeline, storage facilities and LNG terminals to China Oil & Gas Piping Network Corp.,
