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Finance

Finance
2020, February, 26, 09:45:00
CHINA'S RENEWABLE INVESTMENT $8.3 BLN
The China's state-owned company will spread a total renewable investment of CNY 58 billion (USD 8.3bn/EUR 7.6bn) between 25 new projects in 14 provinces and regions
Finance
2020, February, 26, 09:40:00
ENERGY CONSUMERS' NEEDS 2020
Based on more than 7,500 survey responses from consumers in the U.S. and Canada throughout 2019, here are three themes on the needs of today's energy consumers:
Finance
2020, February, 26, 09:35:00
CLEAN ENERGY: BENEFITS OF PAYERS
Yet ratepayers have not been able to benefit from these significantly lower costs of clean energy
Finance
2020, February, 24, 10:45:00
ARAMCO'S GAS INVESTMENT $110 BLN
Jafurah could generate $8.6 billion a year in income and contribute $20 billion a year to the Saudi Arabia's GDP.
Finance
2020, February, 24, 10:10:00
SAUDI'S ECONOMY GROWTH
“GDP growth in Saudi Arabia is projected to see an upturn in 2020,” said Kholifey. “Monetary, fiscal and structural policies in my country are all geared towards an expansion of the private non-oil sector GDP over the medium term,” he said.
Finance
2020, February, 24, 10:05:00
COLOMBIA'S GDP UP 3.3%
Despite slower regional and global growth, real GDP grew 3.3 percent in 2019 and is forecast to grow by 3.4 in 2020 led by internal demand. Sustained immigration, remittances, and accommodative monetary and credit conditions are expected to continue supporting private domestic demand, including rising investment. Notwithstanding growth resilience, the labor market remained weak in 2019.
Finance
2020, February, 24, 10:00:00
URUGUAY'S GDP GROWTH 2.1-2.5%
URUGUAY'S GDP growth is expected to rebound from an estimated 0.5 percent in 2019 to 2.1 percent in 2020 and 2.5 percent in 2021
Finance
2020, February, 21, 11:50:00
NETHERLANDS RENEWABLE INVESTMENT €5 BLN
The Netherlands is the European country with the lowest share of renewable in its energy mix with only 7.4% in 2018.
Finance
2020, February, 21, 11:45:00
PETROBRAS NET INCOME $10.2 BLN
Petrobras highlights of the 2019 result: - Adjusted EBITDA was US$ 32.7billion, an increase of 3.8% in relation to 2018, due to lower production costs and lower contingencies. - Net income reached US$ 10.2 billion, mainly reflecting gains with asset sales. - The adjusted net debt / LTM Adjusted EBITDA ratio increased to 2.41x, applying the effects of IFRS 16, from 2.20x in 2018. Once these effects were eliminated, the index would have been 1.95x. - The remuneration to shareholders in the form of dividends and interest on capital was R$ 10.6 billion, equivalent to R$ 0.73 per common andR$ 0.92 per preferred share in circulation.
Finance
2020, February, 21, 11:40:00
AUSTRALIA'S SANTOS NET PROFIT $674 MLN
Santos has delivered strong financial results with EBITDAX1 up 14% to a record US$2.5 billion and free cash flow1 up 13% to over US$1.1 billion. Reported net profitafter tax increased by 7% to US$674 million.
Finance
2020, February, 21, 11:35:00
NOVATEK'S PROFIT: +430%
Profit attributable to shareholders of PAO NOVATEK increased to RR 865.5 billion (RR 287.39 per share), or 5.3 times, as compared to 2018.
Finance
2020, February, 19, 11:55:00
GLOBAL OIL DEMAND 2020: 100.73 MBD
Oil demand growth in 2020 is revised down by 0.23 mb/d from the previous month’s assessment. With this, global oil demand is now forecast to grow by 0.99 mb/d and average 100.73 mb/d for 2020,
Finance
2020, February, 19, 11:15:00
$50 BLN FROM RUSSIA
The $50-billion award was originally made in 2014 by The Hague Permanent Court of Arbitration after a claim was brought by three former shareholders in Yukos – Veteran Petroleum, Yukos Universal Ltd, and Hulley Enterprises Ltd.
Finance
2020, February, 19, 11:05:00
NIGERIA'S GDP GROWTH 2%
Nigeria's GDP growth forecast for 2020 was revised down to 2 percent to reflect the impact of lower international oil prices. Inflation is expected to pick up, while deteriorating terms of trade and capital outflows will weaken the country’s external position.
Finance
2020, February, 19, 11:00:00
AMAZON'S CLIMATE INVESTMENT $10 BLN
Amazon would meet the goals of the Paris climate accord 10 years ahead of the accord’s schedule and invest $100 million to restore forests and wetlands.