Capital expenditures were $75 billion in third-quarter 2019, 9% lower than in third-quarter 2018.

Each of ASEAN’s 10 members have set targets for renewable energy, and technological innovations such as better solar power efficiency and floating solar panels means that renewable energy is now more accessible than ever before.

The UAE Energy Strategy 2050 aims to achieve an energy mix that combines renewable and clean energy sources to balance economic requirements and environmental goals. The UAE will invest AED 600 billion until 2050 to meet the growing energy demand and ensure the sustainable growth of economy.

Foreign direct investments (FDI) into Oman jumped to $30.26bn (RO11.65bn) in Q2 2019, up 13.3% from the same period in 2018, when it got $26.7bn (RO10.29bn) in FDI, according to the National Centre for Statistics and Information. Investment into manufacturing reached $4.15bn (RO1.6bn) in Q2 2019,

Russian gas producer Gazprom said on Tuesday it has raised 9 billion euros ($10 billion) and 171 billion rubles ($2.8 billion) from a pool of international and Russian banks to finance its Amur gas processing plant.

Spending an estimated Eur66 billion on the three projects, Gazprom clearly saw money as being no object to achieving its goals -- be they economic, geopolitical or both.

The project could cost 1 trillion yen ($9.1 billion). The parties plan to make a final investment decision in 2021 and start production in 2027.

Dr. Nawal Al Hosany, Permanent Representative of the UAE to the International Renewable Energy Agency, IRENA, has said that the UAE’s contributions to the renewable energy sector have made it a model to follow, with investments worth US$12 billion covering 49 renewable energy projects across 25 countries, producing some 4GW of energy supplies to communities.

Chevron Corporation announced a 2020 organic capital and exploratory spending program of $20 billion.

Oil and gas investments in Norway are expected to rise by 3.8% next year to 194.6 billion Norwegian crowns ($21.2 billion) before declining in subsequent years, an industry lobby group said on Thursday.