2019, October, 2, 11:35:00ECUADOR LEAVES OPEC
The country produced 530,000 b/d of oil in August, down from 540,000 b/d in July. Ecuador's output quota was set at 508,000 b/d under a 1.2 million b/d supply cut agreement, which went into force January 1 and runs through March 2020. Ecuador reported August production of 550,000 to OPEC.
2019, October, 2, 11:05:00UK'S FUSION INVESTMENT $246 MLN
A UK Atomic Energy Authority spokesman told S&P Global Platts the funds were separate to the UK's participation via the EU in the global ITER fusion research project in France.
2019, September, 30, 15:00:00GERMANY, UAE POTENTIAL
Germany and the UAE see that there is a great value in close consultations on foreign and security policy, Annen said. "We also want to deepen our cooperation on trade and investment, in particular on exchanging state-of the-art technologies and enabling small and medium-sized companies to succeed in our respective markets," the minister explained.
2019, September, 30, 14:55:00SAUDI ARABIA RENEWABLE DEVELOPMENT
Saudi Arabia will start offering loans for renewable energy projects and manufacturers of renewable-energy components as the kingdom seeks to diversify its economy away from crude oil.
2019, September, 27, 13:25:00LNG INVESTMENT $50 BLN
“This year, 2019 already broke the highest amount of (final investment decisions) for the first time ever, $50 billion,” he told the annual LNG Producer-Consumer conference in Tokyo.
2019, September, 27, 13:20:00LNG FOR S.KOREA: $9.6 BLN
South Korea’s state-run Korea Gas Corp. signed a deal to import an additional US$9.6 billion worth of liquefied natural gas (LNG) from the United States for up to 18 years, in line with efforts to expand ties with the world’s top economy in the energy segment, Seoul’s trade ministry said
2019, September, 27, 13:15:00UKRAINE'S CORRUPTION, INEFFICIENCY
Ukraine's growth is held back by a weak business environment—with shortcomings in the legal framework, pervasive corruption, and large parts of the economy dominated by inefficient state-owned enterprises or by oligarchs—deterring competition and investment.
2019, September, 27, 13:10:00U.S. GDP UP 2.0%
Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the second quarter of 2019, according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.1 percent.
2019, September, 26, 13:35:00INDIA NEED INVESTMENT
Prime Minister Narendra Modi urged global businesses to “come to India” as his government seeks to build a $5 trillion economy by 2025.
2019, September, 26, 13:20:00JAPAN'S LNG INVESTMENT $10 BLN
“On top of Japan’s commitment two years ago of investing or financing more than $10 billion in energy supply chains, we are making a fresh commitment of additional and collective $10 billion funding from both public and private sectors,” said Isshu Sugawara, Minister of Economy, Trade and Industry (METI)
2019, September, 25, 15:10:00GLOBAL ECONOMY NEED INVESTMENT
The UN estimates that achieving the SDGs could generate some $12 trillion of value across the global economy, and create 380 million new jobs by 2030. But realizing this objective will take annual investments, across all sectors, of $5-7 trillion: currently, investment levels are falling far below that level.
2019, September, 25, 14:50:00U.S. SOLAR INVESTMENT $87 BLN
The U.S. solar energy industry will add an additional 113,000 jobs and generate $87 billion in investment over the next decade if U.S. lawmakers extend the sector’s key tax credit, a report published on Tuesday said.
2019, September, 25, 14:40:00INVESTMENT FOR TURKEY $5.42 BLN
Turkey attracted $5.42 billion in net international direct investment from January to July this year, the Industry and Technology Ministry announced yesterday.
2019, September, 24, 17:45:00GOOGLE RENEWABLE INVESTMENT $2 BLN
Our latest agreements will also spur the construction of more than $2 billion in new energy infrastructure, including millions of solar panels and hundreds of wind turbines spread across three continents. In all, our renewable energy fleet now stands at 52 projects, driving more than $7 billion in new construction and thousands of related jobs.
2019, September, 23, 14:20:00CLIMATE INVESTMENT WILL UP TO $175 BLN
In a statement today at the UN Secretary-General’s Climate Action Summit in New York, nine multilateral development banks (MDBs) announced plans to increase the global climate action investments they support each year to US$ 175 billion by 2025.