Finance
2019, March, 25, 10:55:00
ADNOC, OMV AGREEMENT
Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed bin Zayed Al Nahyan and Chancellor of Austria Sebastian Kurz attended the signing ceremony of Memorandum of Understanding (MoU) between Abu Dhabi National Oil Company (ADNOC) and OMV and Borealis to explore new opportunities for collaboration in the downstream sector.
2019, March, 25, 10:50:00
ITALY'S RENEWABLE INVESTMENT $7.1 BLN
Italy’s Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift towards the production of more renewable energy.
2019, March, 25, 10:40:00
U.S. NUCLEAR GUARANTEES $3.7 BLN
The US Department of Energy (DOE) has finalised further federal loan guarantees of USD3.7 billion for the continued construction of Vogtle units 3 and 4, Energy Secretary Rick Perry announced today during a visit to the construction site near Waynesboro, Georgia.
2019, March, 22, 10:10:00
BRITAIN NEED INVESTMENT $265 BLN
Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).
2019, March, 22, 10:05:00
U.S. FEDERAL FUNDS RATE 2.25-2.5%
U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.
2019, March, 22, 09:55:00
PETROCHINA NET PROFIT UP 130.7%
PetroChina Company Limited (“the Company”, HKSE: 0857; NYSE: PTR; SSE: 601857) announced that the Company’s high-quality development is starting to achieve good results, with net profit increasing substantially by 130.7% year-on-year in 2018.
2019, March, 22, 09:50:00
CNOOC NET PROFIT UP 113.5%
Net profit increased significantly and financial status remained healthy
All-in cost of US$30.39/boe, down 6.6% YoY; Net profit of RMB 52.69 billion, up 113.5% YoY; Final dividend of HK$0.40 per share (tax inclusive)
2019, March, 22, 09:45:00
WINTERSHALL WILL BE THE LARGEST
Germany's Wintershall -- which is set to complete its merger with upstream company DEA by the end of June -- plans to expand its projects in Russia, which will remain its core production region post-merger, its CEO Mario Mehren said Thursday.
2019, March, 20, 10:25:00
U.S. WITHOUT NUCLEAR
Since then, U.S. continued federal efforts to curb retirements of coal and nuclear units for resilience and national security have met with much resistance and found little success.
2019, March, 20, 10:15:00
SOUTH AFRICA'S NUCLEAR POWER
South Africa must consider nuclear as a clean energy source that can be part of its electricity generation mix, Energy Minister Jeff Radebe said yesterday in his keynote speech at a business awards ceremony.
2019, March, 20, 10:10:00
QATAR'S ENERGY BANK $10 BLN
Qatar will launch an energy-focused Islamic lender later this year with a targeted capital of $10 billion to finance both domestic and global projects, an executive said
2019, March, 20, 10:05:00
PETROBRAS WILL SELL $10 BLN
Brazilian state-led oil producer and refiner Petrobras expects to ramp up its divestments in the near term, with a series of deals expected to close by the end of April, according to Chief Executive Roberto Castello Branco.
2019, March, 20, 10:00:00
SAUDI ARABIA INVESTMENT $23 BLN
Saudi Arabia said on Tuesday it would spend 86 billion riyals ($23 billion) to boost the quality of life in the capital Riyadh, increasing green space and recreational areas and installing 1,000 works of art across the city.
2019, March, 18, 12:45:00
UAE RENEWABLE ENERGY
Abu Dhabi is one of the most important examples of a city that is creatively seeking to strengthen its renewable energy sector.
2019, March, 18, 12:35:00
U.S. GDP UP 3.1%
U.S. DT - During 2018, real GDP increased by 3.1 percent measured from the fourth quarter of 2017 to the fourth quarter of 2018.