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W.Asia

W.Asia
2017, April, 19, 17:40:00

SAUDI'S RENEWABLE ENERGY

Saudi Arabia aims to produce 10 percent of its power from renewable sources in the next six years as it pushes ahead with a multi-billion-dollar plan to diversify its energy mix and free up more crude oil for export.

W.Asia
2017, April, 19, 17:35:00

SAUDI INVESTMENT DIVERCIFICATION

Aramco is gearing up for a share listing next year, aiming to get a valuation of up to $2 trillion in what could be the world's biggest initial public offering (IPO).

W.Asia
2017, April, 12, 18:40:00

QATAR'S GDP UP TO 2.7%

Lower hydrocarbon prices have adversely impacted macroeconomic performance. Growth has slowed despite still resilient non-hydrocarbon activity. Real GDP growth of 2.7 percent is estimated for 2016. Inflation remained low despite subsidy cuts, averaging about 2.7 percent in 2016.

W.Asia
2017, March, 30, 18:35:00

BREXIT GIVES CHANCE

Qatar, the world's biggest exporter of LNG, pledged almost $6.2bn worth of investment in Britain on Monday in a show of support, as UK Prime Minister Theresa May begins the formal process of negotiating a separation settlement with the European Union.

W.Asia
2017, March, 29, 19:00:00

РОССИЯ ПРИВЕРЖЕНА ДЕКЛАРАЦИИ

Принятие ОПЕК и ключевыми не входящими в ОПЕК производителями нефти Декларации о сотрудничестве от 10 декабря 2016 г. стало историческим по своему значению шагом, открывающим новую веху в развитии всего глобального нефтяного рынка.

W.Asia
2017, March, 16, 18:55:00

CHINA'S INVESTNENT TO SAUDI

The nation’s $814 billion China Investment Corp. would be the principle investor in the planned flotation by Saudi Arabian Oil Co., according to the people, who asked not to be identified because the talks are private. China National Petroleum Corp. may also invest in the IPO, they said. No formal agreement has been reached, according to the people.

W.Asia
2017, March, 16, 18:50:00

SAUDI'S SALES TO CHINA

Saudi Arabia has sought to boost oil sales to China, the world's second-largest oil market, after losing market share to Russia last year, by working mostly with China's top three state oil firms.

W.Asia
2017, March, 14, 18:30:00

SAUDI - JAPAN TALKS

Trade between the countries fell overall last year as oil prices dropped. Japan's 2.1 trillion yen ($18.6 billion) in imports from Saudi Arabia in 2016, mostly oil and gas, dwarfed its exports of 546.3 billion yen ($4.8 billion).

W.Asia
2017, March, 13, 18:50:00

U.S. OIL: UP 400 TBD

Rising oil production in the US, which Russia's energy ministry forecasts to grow by 400,000 b/d year on year in 2017, is being monitored, but it should not be considered separate from the global supply and demand balance, he said.

W.Asia
2017, March, 10, 18:50:00

UAE CUTS OIL PRODUCTION 139,000 BPD

The United Arab Emirates (UAE) will comply fully with its OPEC commitment to reduce oil production by more than 139,000 barrels per day (bpd) in March and April, the Gulf OPEC member's energy minister Suhail said on Thursday.

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