the Executive Board of the International Monetary Fund (IMF) approved a successor two-year arrrangement for Mexico under the Flexible Credit Line (FCL) in an amount equivalent to SDR 44.5635 billion (about US$61 billion [1] ) and canceled the previous arrangement. The Mexican authorities stated their intention to treat the arrangement as precautionary.

Gazprom Gazoraspredeleniye, a company controlled by Gazprom, successfully completed the sale of 850,590,751 ordinary shares of Gazprom (3.59 per cent of the share capital).

One of the top capital raising deals of Q3 2019 was Petroleos Mexicanos’ public offering of notes for gross proceeds of $7.5bn.

In the first 10 months of this year, China generated 38.62 billion kilowatt-hours (kWh) electricity from solar and wind resources, accounting for 6.6% of total power generation,

German chemical giant BASF has begun construction of its $10-billion integrated petrochemicals project in China’s southern province of Guangdong,

the world’s biggest solar power plant project covering 20 square kilometers of desert in Abu Dhabi.

According to the Environmental and Energy Study Institute (EESI), it is much more expensive to rebuild homes than to initially build them right.

Under the terms of the deal, Mitsubishi will own 80% of Eneco and partner Chubu 20%.

"Катар - один из стратегически важных партнеров России на Ближнем Востоке. Между нами сложились доверительные отношения, мы выступаем за развитие сотрудничества в самых разных областях. Это, несомненно, придает дополнительный импульс для более тесного и всестороннего взаимодействия между странами”, - подчеркнул глава Минэнерго России.

"Мы высоко ценим тот высокий уровень взаимоотношений, который сложился между Россией и Ираном. Мы последовательно реализуем курс лидеров наших стран по наращиванию взаимодействия, нацеленного на укрепление двустороннего сотрудничества", - подчеркнул глава Минэнерго России.

The government of Pakistan has announced that it will invite bids for setting up renewable energy projects in the country in a bid to tap the investment potential of $40bn.

In the near term, Russia's GDP is projected to grow by 1.1 percent in 2019, held back by weak domestic demand and an unfavorable external environment. Growth is forecast to pick up to 1.9 percent in 2020

Exxon’s shares have underperformed its major rivals’ in recent years. The disposals would help the company increase spending on new developments and appease investors unhappy with weak cash generation and oil output, which flatlined under Woods’ predecessor Rex Tillerson.

Россию и Белоруссию связывают многолетние, прочные отношения в сфере энергетики, между странами постоянно ведется важная совместная работа по ряду проектов и инициатив, отметил Александр Новак по итогам переговоров.

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received today at the Qasr Al Bahar, participants in the Africa Investment Summit, AIS, which is being hosted by the Abu Dhabi Investment Authority, ADIA, to increase dialogue between global investors and African financial and corporate entities. They were accompanied by H.H. Sheikh Hamed bin Zayed Al Nahyan, Managing Director of ADIA.