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.

Abu Dhabi is one of the most important examples of a city that is creatively seeking to strengthen its renewable energy sector.

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.

U.S. FRB - Industrial production edged up 0.1 percent in February after decreasing 0.4 percent in January.

Argentina’s efforts to boost its natural gas output and supply are progressing through new pipeline and transport projects and auctions, moves that are expected to balance the country’s production and demand, the energy secretary said

The Argentine government’s plan to develop the massive Vaca Muerta oil and gas reserves in northern Patagonia has hit a major obstacle.

Как заявил председатель комитета Павел Завальный, очевидно низкое качество информационного обеспечения ТЭК — одна из серьезнейших проблем, которая создает затруднения в эффективной реализации государственной энергетической политики, регулировании отраслей ТЭК и энергетических рынков.

GOVERNMENT.NO - The Government is proposing to exclude companies classified as exploration and production companies within the energy sector from the Government Pension Fund Global to reduce the aggregate oil price risk in the Norwegian economy.

India is seeking investment from Saudi Arabia to build emergency crude reserves that will act as a buffer against volatility in oil prices and supply disruptions for the third-largest oil consumer.

Iran is to launch four new phases at South Pars, the world’s largest gas field, with a production capacity of up to 110 million cubic meters per day, the oil ministry said

Malaysia’s economy continues to perform well despite external headwinds. Growth has averaged above 5 percent over the past 5 years, leading to higher per capita income and reducing already-low poverty. Economic growth is now moderating, and is estimated at 4.7 percent in 2018, underpinned by robust domestic and external demand.

Net income in 2018 was US$ 7,173 million, equivalent to US$ 0.55 EPS, reflecting higher operating income and improved financial results, due to lower interest expenses as a result of lower indebtedness and gains due to the renegotiation of debts of the electric sector.

PETRONAS’ Profit after Tax (PAT) rose by 22 per cent in 2018, to RM55.3 billion, compared to RM45.5 billion in 2017, on the back of higher revenue and supported by net write-back of impairment on assets. These were partially offset by higher net product and production costs, depreciation and amortisation as well as tax expenses.

МИНЭКОНОМРАЗВИТИЯ РОССИИ - По итогам 2018 года торговля между странами выросла на 20%, что стало одним из самых высоких показателей по СНГ. Объем товарооборота составил 4,38 млрд. долларов. В поставках из России рост зафиксирован по всем товарным группам.

U.S. BLS - Total nonfarm payroll employment changed little in February (+20,000), and the unemployment rate declined to 3.8 percent, the U.S. Bureau of Labor Statistics reported. Employment in professional and business services, health care, and wholesale trade continued to trend up, while construction employment decreased.