Finance
![Finance](/cache/08-20/china-293.0a037e9c.jpg)
2020, August, 4, 14:25:00
ASIA'S STOCKS UP
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.05%
![Finance](/cache/08-20/wind-18.747914a1.jpg)
2020, August, 4, 14:20:00
FLOATING OFFSHORE WIND FINANCE
Non-recourse finance, which allows lenders to be repaid from the profits of a project and have no claim over the assets of the borrower, will likely be available to upcoming floating wind projects as the market reaches an initial stage of maturity,
![Finance](/cache/08-20/argentina-27.a59dbb41.jpg)
2020, August, 4, 14:15:00
ARGENTINA'S DEFAULT $65 BLN
A major grain producer and once one of the world’s wealthiest countries, Argentina fell into its ninth sovereign default in May
![Finance](/cache/08-20/exxon-65.194ff769.jpg)
2020, August, 4, 14:10:00
EXXON LOSS $1 BLN
Exxon Mobil Corporation announced an estimated second quarter 2020 loss of $1.1 billion,
![Finance](/cache/08-20/bp-115.33c93084.jpg)
2020, August, 4, 14:05:00
BP LOSS $16.8 BLN
BP Reported loss for the quarter was $16.8 billion, compared with a profit of $1.8 billion for the same period a year earlier,
![Finance](/cache/08-20/chevron-43.293b6ce9.jpg)
2020, August, 3, 12:25:00
CHEVRON NET LOSS $ 8.3 BLN
Chevron Second quarter loss of $8.3 billion; adjusted loss of $3.0 billion
![Finance](/cache/08-20/bioenergy-4.0b0d5f43.jpg)
2020, August, 3, 12:20:00
U.S. BIOPOWER DEVELOPMENT
the U.S. Department of Energy (DOE) announced more than $97 million in funding for 33 projects that will support high-impact technology research and development to accelerate the bioeconomy.
![Finance](/cache/08-20/usa-245.d5ebf336.jpg)
2020, August, 3, 12:15:00
U.S. GEOTHERMAL ENERGY DEVELOPMENT
the U.S. Department of Energy (DOE) announced that five projects will receive up to $28 million to promote the advancement of the next generation of geothermal energy technologies.
![Finance](/cache/08-20/pakistan-24.314289ad.jpg)
2020, August, 3, 12:10:00
PAKISTAN'S COAL ENERGY UP
According to data provided by National Electric Power Regulatory Authority (NEPRA), Pakistan’s coal-fired power generation increased by 57 per cent in FY20. Moreover, coal made up about a fifth of Pakistan’s total output.
![Finance](/cache/08-20/renewable-104.85cdcb09.jpg)
2020, August, 3, 12:05:00
SHELL, ENECO RENEWABLE INVESTMENT
The CrossWind consortium, a joint venture between Shell in the Netherlands and Eneco, is delighted to have been awarded the tender for the subsidy-free offshore wind farm Hollandse Kust (noord).
![Finance](/cache/08-20/renewable-105.9ab37f91.jpg)
2020, August, 3, 12:00:00
CHEVRON, ALGONQUIN RENEWABLE ENERGY
Chevron U.S.A Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), and Algonquin Power & Utilities Corp. ("Algonquin") (TSX: AQN) (NYSE: AQN) today announced an agreement seeking to co-develop renewable power projects
![Finance](/cache/08-20/total-41.b8da188f.jpg)
2020, August, 3, 11:55:00
TOTAL NET INCOME $0.13 BLN
In this historically difficult context, Total demonstrates its resilience, reporting $3.6 billion of cash flow,
![Finance](/cache/08-20/nord-stream-111.5db13d78.jpg)
2020, August, 3, 11:50:00
GAZPROM'S PAYMENT TO POLAND $57 MLN
Poland sees Nord Stream 2, which would double Russia’s gas export capacity via the Baltic Sea, as a threat to Europe’s energy security,
![Finance](/cache/07-20/usa-244.76001152.png)
2020, July, 31, 10:20:00
U.S. GDP DOWN
U.S. real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020
![Finance](/cache/07-20/price-603.a04ba691.jpg)
2020, July, 31, 10:15:00
ASIA'S SHARES UPDOWN
China’s official Purchasing Manager’s Index (PMI) data showed that factory activity grew in July for a fifth straight month and at a faster pace,