2019-10-02 11:55:00
SAUDI ARAMCO DIVIDEND - 2020: $75 BLN
SAUDI ARAMCO - Dividend Prioritisation Mechanism
• The Board has sole discretion to declare dividends, based on the dividend policy, financial performance and balance sheet
targets
• The Board will declare an intention to distribute an annual base dividend of $75 Bn for 2020
• For the years 2020 to 2024, if annual dividends declared would have been less than $75 Bn, dividends to non-Government
shareholders are intended to be prioritised…
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Earlier:
2019, September, 30, 14:55:00
SAUDI 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.
Chronicle:
2020, February, 21, 12:08:00
GAS & LNG MARKETS, CONTRACTS & PRICING WORKSHOP
Singapore – Due to popular demand, the highly requested Gas & LNG Markets, Contracts & Pricing workshop is coming back to Singapore from 16th to 20th March 2020.
2020, February, 21, 12:00:00
NORWAY'S JANUARY PETROLEUM PRODUCTION 1.963 MBD
Norway's Preliminary production figures for January 2020 show an average daily production of 1 963 000 barrels of oil, NGL and condensate
2020, February, 21, 11:55:00
FRANCE'S NUCLEAR CHANGES
France's Fessenheim nuclear reactor, on the border with Germany, will be shut down at the end of June
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.
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.
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.
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.