2019, July, 25, 20:30:00SLUGGISH GLOBAL GROWTH
Global growth is sluggish and precarious, but it does not have to be this way because some of this is self-inflicted. Dynamism in the global economy is being weighed down by prolonged policy uncertainty as trade tensions remain heightened despite the recent US-China trade truce, technology tensions have erupted threatening global technology supply chains, and the prospects of a no-deal Brexit have increased.
2019, July, 25, 20:25:00GERMANY'S LNG PROJECTS
The construction of the LNG terminals in Germany represents a considerable investment. The FSRU for instance, the cheapest facility, will require about €400 million ($500 million) to build.
2019, July, 25, 20:20:00GAZPROM'S MARKET VALUE: $79.4 BLN
Gazprom’s market value is $79.4 billion, second in Russia to Sberbank’s $82 billion, according to Refinitiv Eikon data.
2019, July, 25, 20:15:00UAE, CHINA COOPERATION
The signing of the agreements seek to further advance strategic ties between the UAE and China, opening up new partnership horizons across various fields
2019, July, 25, 20:10:00ADNOC, CNOOC AGREEMENT
ADNOC and CNOOC signed an agreement to collaborate in the upstream and downstream oil and gas sector
2019, July, 25, 19:50:00NOVATEK'S PROFIT UP BY SIX-FOLD
Profit attributable to shareholders of PAO NOVATEK increased to RR 69.2 billion (RR 22.97 per share), or by 115.9%, in the second quarter of 2019 and to RR 451.0 billion (RR 149.73 per share), or six-fold, in the first half of 2019 as compared to the corresponding periods in 2018.
2019, July, 25, 19:45:00NOVATEK CLOSES TRANSACTION
NOVATEK announced the closing of the sale of participation interests in Arctic LNG 2 Project
2019, July, 25, 19:35:00FRANCE'S GDP UP 1.3%
France's GDP growth is expected to stay moderate in the near term, reaching 1.3 percent this year and 1.4 percent in 2020, after slowing last year on the back of decelerating global growth and reduced slack.
2019, July, 25, 19:30:00BRAZIL'S GDP UP 0.8%
Brazil's GDP growth is projected at 0.8 percent in 2019 and to accelerate in 2020 conditional on the approval of a robust pension reform and favorable financial conditions. The current budget is guided by the federal expenditure ceiling, entailing a minor reduction of the structural primary balance in 2019.
2019, July, 20, 12:55:00U.S. OIL SERVICE DOWN
the U.S. the number of yet-to-be-fracked wells hit 8,289 in May, up 22% in a year, according to the U.S. Energy Information Administration.
2019, July, 20, 11:55:00RUSSIA'S GDP UP 1.2%
Russia's growth is projected at 1.2 percent in 2019, reflecting a weak first quarter estimate, lower oil prices and the impact of the higher VAT rate on private consumption.
2019, July, 20, 11:50:00SAUDI ARABIA GDP UP 1.9%
Saudi Arabia's real non-oil growth is expected to strengthen to 2.9 percent in 2019 as government spending and confidence increase, but real GDP growth is projected to slow to 1.9 percent as real oil growth slows to 0.7 percent with the implementation of the OPEC+ agreement.
2019, July, 20, 11:45:00U.S. INDUSTRIAL PRODUCTION DOWN 1.2%
Industrial production was unchanged in June, as increases for both manufacturing and mining offset a decline for utilities. For the second quarter as a whole, industrial production declined at an annual rate of 1.2 percent, its second consecutive quarterly decrease.
2019, July, 20, 11:40:00ALFANAR RENEWABLE INVESTMENT TO BRITAIN £1 BLN
The Alfanar Group, one of Saudi Arabia’s largest industrial conglomerates, has announced that it will set up a renewable energy office in the UK, through its subsidiary ‘Alfanar Energy UK Ltd.’ The new subsidiary will be headquartered in London, tapping into the UK’s highly skilled workforce and creating up to 30 jobs.
2019, July, 12, 08:15:00ADNOC, RUSSIA INVESTMENT
ADNOC Group CEO Dr. Sultan Al Jaber met with Russian Energy Minister Alexander Novak in Moscow as ADNOC looks to expand its partnership and investment base.