News
2021, April, 6, 14:15:00
NO IRAN SANCTIONS
Iranian crude production has risen in recent months, hitting 2.14 million b/d in February, a 190,000 b/d increase from a 33-year low of 1.95 million b/d in August.
2021, April, 6, 14:10:00
THE UAE REGIONAL DIALOGUE FOR CLIMATE ACTION
The UAE Regional Dialogue for Climate Action concluded on 4 April, convening climate leaders from across the MENA region to accelerate progress on climate action.
2021, April, 6, 14:05:00
UAE, U.S. CLIMATE COMMITMENT
The United Arab Emirates and the US announced their joint commitment to tackle the climate challenge in a joint statement that stresses the importance and urgency of raising global climate ambition.
2021, April, 6, 14:00:00
EUROPEAN STOXX 600 UP
European traders returned from a long weekend to push the STOXX 600 up 0.8% to 435.7 points. It has climbed more than 60% from last year’s lows and surpassed its previous all-time high of 433.90 points in February 2020.
2021, April, 6, 13:55:00
INDIA'S ELECTRICITY PRODUCTION UP 8%
The state-owned Indian power utility NTPC has registered a +8.2% increase in electricity production in 2020/21 reaching 314 TWh (April 2020 to March 2021).
2021, April, 6, 13:50:00
UAE, IRAQ INVESTMENT $3 BLN
The UAE Sunday announced $3 billion investment in Iraq in a fresh bid to strengthen the economic and investment relations between the two fraternal nations.
2021, April, 5, 11:45:00
OIL PRICE: NEAR $64
Brent fell 96 cents, or 1.5%, to $63.90 a barrel. WTI was at $60.56 a barrel, down 89 cents, or 1.5%.
2021, April, 5, 11:35:00
28,000 YEARS NUCLEAR BATTERY
A battery-powered by nuclear waste could keep a spaceship or hospital operating for 28,000 years without needing to be recharged or replaced, its developers claim.
2021, April, 5, 11:30:00
TURKEY'S HYDROGEN ENERGY
Turkey will be blending hydrogen, promoted as a clean, efficient and sustainable energy source, with natural gas with the new facility
2021, April, 5, 11:25:00
LNG FOR GREECE
Gastrade is developing the LNG FSRU offshore Alexandroupolis in Greece, which will be a new, independent energy gateway for the markets of Southeastern and Central Europe.
2021, April, 5, 11:20:00
NUCLEAR ELECTRICITY FOR BANGLADESH
India’s Foreign Secretary Harsh Vardhan Shringla said on 27 March that New Delhi would be involved in the development of the transmission lines for the Rooppur Nuclear Power Plant in Bangladesh as part of its credit line for the country.
2021, April, 5, 11:15:00
U.S. UNEMPLOYMENT DOWN TO 6.0%
Total nonfarm payroll employment rose by 916,000 in March, and the unemployment rate edged down to 6.0 percent,
2021, April, 2, 12:55:00
OIL PRICE: ABOVE $64 AGAIN
Brent rose $1.94, or 3.1%, to $64.68 a barrel. WTI was up $2.10, or 3.6%, at $61.26 a barrel.
2021, April, 2, 12:45:00
OPEC+ INCREASE PRODUCTION
The OPEC+ alliance will raise its collective output caps by 350,000 b/d in May, another 350,000 b/d in June, and 441,000 b/d in July.
2021, April, 2, 12:35:00
NORD STREAM 2 SECURITY
The number of cases of low-flying "foreign planes" over the Nord Stream 2's vessels has increased in the second half of March.