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Finance

Finance
2019, May, 30, 18:00:00
NUCLEAR POWER INCREASING
During a panel discussion at the Breakthroughs: Flexible Nuclear Energy Systems in a Clean Energy World side event during CEM10, Rising said: "Action is needed to expand the share of nuclear generation in the clean energy future. We will need much more nuclear energy if we are to deliver on environmental, economic and sustainable development objectives."
Finance
2019, May, 30, 17:50:00
U.S. GDP UP 3.1%
U.S. real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.2 percent.
Finance
2019, May, 30, 17:45:00
BRAZIL'S OIL UP
Brazil has seen its exports of crude grow from 734,000 b/d in 2015 to 1.3 million b/d in Q1 of this year. In contrast, Mexico, which was once a powerhouse of oil production, has maintained its export status only through curtailment of domestic refining, not increased crude oil output.
Finance
2019, May, 30, 17:35:00
GAZPROM'S PROFIT UP
Russia’s state-owned gas giant Gazprom increased its first-quarter net profit by 44 per cent over the previous year as higher gas prices offset lower gas export volumes.
Finance
2019, May, 30, 17:30:00
LUKOIL'S PROFIT +36,8%
Profit attributable to shareholders totaled RUB 149.2 bln, up 36.8% year-on-year. The growth was restrained with higher DD&A due to the launch of new production facilities.
Finance
2019, May, 30, 17:25:00
IMF, UKRAINE DISCUSSION
The IMF staff team has had very productive discussions with the Ukrainian authorities, including with President Zelenskyi, on the review of Ukraine’s Stand-By Arrangement with the IMF.
Finance
2019, May, 29, 11:15:00
NUCLEAR POWER IS IMPORTANT
“Without an important contribution from nuclear power, the global energy transition will be that much harder,” said Dr Fatih Birol, the IEA’s Executive Director. “Alongside renewables, energy efficiency and other innovative technologies, nuclear can make a significant contribution to achieving sustainable energy goals and enhancing energy security.
Finance
2019, May, 29, 11:10:00
U.S. SHALE PROBLEM
Despite the classic “wildcatting” image of plucky entrepreneurs trying their luck, smaller, independent drillers are losing access to capital
Finance
2019, May, 29, 11:00:00
NORWAY'S OIL INVESTMENT UP
Investments are now seen at a four-year high of 183.7 billion Norwegian crowns ($21.11 billion) in 2019, up from the 172.7 billion crowns seen in February, according to SSB, which collects the data from oil firms.
Finance
2019, May, 29, 10:25:00
BRAZIL'S GDP UP 1%
After contracting by almost 7 percent during the 2015-16 recession, real GDP grew by only 1.1 percent per year in 2017 and 2018.
Finance
2019, May, 27, 11:45:00
TRUST IS A CENTRAL THEME
Trust is a central theme, because it is vital to the functioning of any economy and to the success of reforms. Polls across multiple countries show a long-running and deepening decline in trust in institutions and experts. The profound effects of the global financial crisis, increasing inequality, political polarization, and a lack of sincere attention to the needs of the public all seem to have contributed.
Finance
2019, May, 27, 11:35:00
ASIA'S RENEWABLE INVESTMENT WILL UP
Total capital expenditure in renewables will rise above $30 billion in the region by 2020, just overtaking investment into exploration and production for oil and natural gas,
Finance
2019, May, 27, 11:30:00
ALGERIA STOP TOTAL
Algeria will block Total from acquiring Anadarko's assets in Algeria, energy minister Mohamed Arkab told reporters on a sidelines of a conference on Sunday.
Finance
2019, May, 22, 10:35:00
CANADA'S GDP GROWTH 1.5%
Real GDP growth is projected to decline to 1.5 percent in 2019, partly reflecting a disappointing first quarter and more subdued global growth.
Finance
2019, May, 22, 10:30:00
INDONESIA'S GDP GROWTH 5.2%
Real GDP growth reached 5.2 percent in 2018, and is expected to remain at 5.2 percent in 2019, driven by robust domestic demand growth and supported by recovering bank credit.