Finance
2019, November, 1, 13:50:00
NORWAY'S FUND RETURNED $26 BLN
The Government Pension Fund Global returned 1.6 percent, or 236 billion kroner, in the third quarter of 2019.
2019, November, 1, 13:40:00
SAUDI ARABIA'S POWER PLANT $11.5 BLN
Saudi Aramco announced its intention to establish the Jazan Power Joint Venture. The JV will be 46% owned by Air Products, 25% by ACWA Power, 20% by Saudi Aramco and 9% by Air Products Qudra.
2019, November, 1, 13:35:00
U.S. GDP UP 1.9%
Real gross domestic product (GDP) increased at an annual rate of 1.9 percent in the third quarter of 2019 , according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.0 percent.
2019, November, 1, 13:30:00
U.S. FEDERAL FUNDS RATE 1.5 - 1.75%
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In light of the implications of global developments for the economic outlook as well as muted inflation pressures, the Committee decided to lower the target range for the federal funds rate to 1-1/2 to 1-3/4 percent.
2019, November, 1, 13:25:00
SHELL Q3 CCS EARNINGS $4.8 BLN
Compared with the third quarter 2018, CCS earnings attributable to shareholders excluding identified items were $4.8 billion, reflecting lower realised oil, LNG and gas prices, as well as weaker realised refining and chemicals margins. This was partly offset by significantly stronger contributions from LNG and oil products trading and optimisation as well as higher realised margins in retail and global commercial.
2019, November, 1, 13:20:00
SHELL BUYBACK $12 BLN
In aggregate between July 26, 2018 and October 17, 2019, Shell repurchased 390,525,007 ordinary shares for an aggregate consideration of $12 billion (the ‘aggregate previous tranches’).
2019, November, 1, 13:15:00
BAKER HUGHES NET INCOME $57 MLN
Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced results for the third quarter of 2019.
2019, October, 30, 10:00:00
USING SYRIA'S OIL
“What I intend to do, perhaps, is make a deal with an ExxonMobil or one of our great companies to go in there and do it properly … and spread out the wealth,” Trump said Sunday during a news conference about the U.S. special forces operation that led to the death of Islamic State leader Abu Bakr al-Baghdadi.
2019, October, 30, 09:45:00
GLOBAL WARMING: $50 TLN
To reduce net emissions of carbon to zero, the world would have to eradicate the equivalent of 53.5 billion metric tons of carbon dioxide a year
2019, October, 30, 09:25:00
CONOCO EARNINGS $3 BLN
ConocoPhillips (NYSE: COP) today reported third-quarter 2019 earnings of $3.1 billion, or $2.74 per share, compared with third-quarter 2018 earnings of $1.9 billion, or $1.59 per share. Excluding special items, third-quarter 2019 adjusted earnings were $0.9 billion, or $0.82 per share, compared with third-quarter 2018 adjusted earnings of $1.6 billion, or $1.36 per share. Special items for the current quarter were primarily due to a gain realized on the completed United Kingdom (U.K.) divestiture.
2019, October, 30, 09:20:00
BP PROFIT $2.3 BLN
BP delivered strong operating cash flow and underlying earnings in a quarter that saw lower oil and gas prices and significant hurricane impacts. Our focus remains firmly on maintaining financial discipline and delivering safe and reliable operations throughout BP. We’re also continuing to advance our strategy, making strong progress with our divestment plans and building exciting new opportunities in fast-growing downstream markets in Asia.
2019, October, 30, 09:15:00
NOV VARCO NET LOSS $244 MLN
National Oilwell Varco, Inc. (NYSE: NOV) reported third quarter 2019 revenues of $2.13 billion, compared to $2.13 billion for the second quarter of 2019 and $2.15 billion for the third quarter of 2018.
2019, October, 28, 14:10:00
OFFSHORE WIND WILL UP TO $1 TLN
Offshore wind power capacity is set to increase by at least 15-fold worldwide by 2040, becoming a $1 trillion business.
2019, October, 28, 13:55:00
RUSSIA'S OIL PROJECT: $157 BLN
Vostok Oil, a joint project of Rosneft and Independent Petroleum Company (IPC), is set to include some oil fields that are already producing and others which have yet to start, including Rosneft’s Vankor group and IPC’s Payakhskoye field.
2019, October, 28, 13:50:00
NORWAY'S FUND $1.09 TLN
23 years ago, the Government Pension Fund Global received the first inflow from the Ministry of Finance of nearly 2 billion kroner. Since then, the fund has grown to 10,000 billion kroner.