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Finance

Finance
2020, March, 17, 13:25:00
IMF OFFERS HELP $1 TLN
The IMF stands ready to mobilize its $1 trillion lending capacity to help our membership.
Finance
2020, March, 17, 13:15:00
EXXON REDUCE SPENDING
ExxonMobil is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases,
Finance
2020, March, 17, 13:10:00
GERMANY'S RENEWABLE INVESTMENT €5 BLN
The German energy group RWE plans to invest €5bn to expand its renewable capacity by 2022, including €1bn in Germany.
Finance
2020, March, 16, 10:30:00
U.S. FEDERAL FUNDS RATE 0 - 0.25%
the Committee decided to lower the target range for the federal funds rate to 0 to 1/4 percent.
Finance
2020, March, 16, 10:25:00
UAE, SAUDI ARABIA INCENTIVES $40 BLN
The UAE's central bank announced a package of $27.3 billion, Saudi Arabia's central bank announced the same day a $13.3 billion package
Finance
2020, March, 16, 10:10:00
CHINA, FRANCE WIND INVESTMENT $1 BLN
The joint-venture project, with a total investment of 7.9 billion yuan (about 1.13 billion U.S. dollars), was the first of its kind in offshore wind power with both domestic and foreign investment, China Energy said.
Finance
2020, March, 16, 10:05:00
ARAMCO NET INCOME $88 BLN
Saudi Aramco 2019 net income of $88.2 billion
Finance
2020, March, 13, 12:30:00
U.S. STOCK INDEXES DOWN
The benchmark S&P 500 and the Nasdaq have lost over a quarter of their value since reaching record closing highs just 16 sessions ago, as nations around the world grapple with how to contain the fast-moving coronavirus and its economic effects.
Finance
2020, March, 13, 12:25:00
U.S. ENERGY BONDS: $110 BLN
The falls in the bonds come in the wake of the failure of Opec and Russia late last week to agree a deal on cutting production,
Finance
2020, March, 13, 12:20:00
RUSSIA FOR U.S. SHALE: $570 BLN
Moscow’s decision to withdraw last week from a pact with Saudi Arabia to limit crude production, sparking an oil war that sent prices crashing 30 per cent on Monday, upending global markets.
Finance
2020, March, 13, 12:00:00
GREEN HYDROGEN COST
Researchers have stated that hydrogen is likely to be cost-competitive by 2035. But other technologies, such as battery storage, which have had a head start over hydrogen are more economical in the short term.
Finance
2020, March, 11, 11:50:00
LUKOIL PROFIT UP 3.4%
In 2019, profit attributable to PJSC LUKOIL shareholders amounted to RUB 640.2 bln, 3.4% higher year-on-year. The growth was constrained by higher depreciation and lower non-cash foreign exchange gain.
Finance
2020, March, 10, 13:25:00
ARAMCO'S IPO PROBLEMS
On Monday, Aramco shares opened trading at Riyals 27 ($7.19) before rising modestly to close at Riyals 28.35. That is 11.4% below its IPO price, prompting the company's valuation to slide to about $1.5 trillion from $1.7 trillion in December, in the wake of Friday's failure by OPEC and Russia to reach a deal on oil production cuts.
Finance
2020, March, 10, 13:20:00
U.S. UNEMPLOYMENT 3.5%
the U.S. unemployment rate was little changed at 3.5 percent
Finance
2020, March, 9, 14:45:00
GAZPROM, OMV NEGOTIATIONS
Gazprom, OMV have agreed, inter alia, to extend until June 2022 the negotiations for the final agreement on the deal.