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News
2019, November, 22, 12:00:00
INDIA'S OIL DEMAND UP 3%
Oil demand in India is projected to rise by 3.21 percent this year to 4.88 million barrels per day (mb/d), and further by 3.36 percent to 5.05 mb/d by next year, exceeding the 2.37 percent oil demand growth by China, according to the latest Oil Market Report by OPEC.
News
2019, November, 22, 11:55:00
ABU DHABI SOLAR ELECTRICITY 249,695 MWH
the emirate of Abu Dhabi achieved progress in terms of its electricity production from solar energy, increasing from 17,986 megawatt-hours in 2011 to 249,695 megawatt-hours in 2018.
News
2019, November, 22, 11:50:00
PAKISTAN'S RENEWABLE ENERGY: $40 BLN
The government of Pakistan has announced that it will invite bids for setting up renewable energy projects in the country in a bid to tap the investment potential of $40bn.
News
2019, November, 22, 11:45:00
RUSSIA'S GDP GROWTH: 1.1-1.9%
In the near term, Russia's GDP is projected to grow by 1.1 percent in 2019, held back by weak domestic demand and an unfavorable external environment. Growth is forecast to pick up to 1.9 percent in 2020
News
2019, November, 22, 11:40:00
EXXON WILL SELL $25 BLN
Exxon’s shares have underperformed its major rivals’ in recent years. The disposals would help the company increase spending on new developments and appease investors unhappy with weak cash generation and oil output, which flatlined under Woods’ predecessor Rex Tillerson.
News
2019, November, 20, 12:10:00
OIL PRICE: ABOVE $60
Brent were at $60.71 a barrel, WTI erased early gains to be down 6 cents, or 0.1%, at $55.15 a barrel
News
2019, November, 20, 12:05:00
ПРОЧНЫЕ ОТНОШЕНИЯ РОССИИ, БЕЛОРУССИИ
Россию и Белоруссию связывают многолетние, прочные отношения в сфере энергетики, между странами постоянно ведется важная совместная работа по ряду проектов и инициатив, отметил Александр Новак по итогам переговоров.
News
2019, November, 20, 12:00:00
DRAMATICALLY IMPORTANT: NUCLEAR POWER
"We need to replace 70-90% of carbon resources of energy by 2050 in order to avoid overheating the Earth," he said, adding that two-thirds of the world's population still relies on biomass. An alarming projection, he said, is that by 2050 African nations will be consuming as much energy per capita as they do now, but their population will have doubled to 1.4 billion. "This will have dramatic implications for healthcare, employment and migration in the future," he said. "Only nuclear power can stop this migration by helping to develop the region."
News
2019, November, 20, 11:55:00
CHINA'S ENERGY INTERCONNECTION: $18.7 TLN
by 2050 the total investment of AEI is 18.7 trillion U.S. dollars, including 14.3 trillion U.S. dollars in power source, and 4.4 trillion U.S. dollars in power grids, creating about 150 million jobs.
News
2019, November, 20, 11:50:00
U.S. PRODUCTION: OIL + 49 TBD, GAS + 263 MCFD
Crude oil production from the major US onshore regions is forecast to increase 49,000 b/d month-over-month in November from 9,084 to 9,133 thousand barrels/day, gas production to increase 263 million cubic feet/day from 84,930 to 85,193 million cubic feet/day .
UAE, AFRICA INVESTMENT
2019, November, 20, 11:45:00
UAE, AFRICA INVESTMENT
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received today at the Qasr Al Bahar, participants in the Africa Investment Summit, AIS, which is being hosted by the Abu Dhabi Investment Authority, ADIA, to increase dialogue between global investors and African financial and corporate entities. They were accompanied by H.H. Sheikh Hamed bin Zayed Al Nahyan, Managing Director of ADIA.
News
2019, November, 20, 11:40:00
UAE, MOZAMBIQUE OPPORTUNITIES
"Mozambique represents an increasingly important trading partner for Dubai and the UAE and this was an important platform to discuss how we can take our business relations to the next level," said Al Ghurair.
News
2019, November, 20, 11:35:00
UAE COMMITTED TO OPEC+
Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, has re-affirmed the UAE's commitment to voluntary production adjustments under the agreement of the Organisation of Petroleum Exporting Countries and non-OPEC producers in support of the stability of the global oil market.
News
2019, November, 20, 11:30:00
GAZPROM'S PROPOSAL FOR NAFTOGAZ
In a statement, Gazprom said it had sent a letter to Naftogaz -- signed by Gazprom CEO Alexei Miller -- to "extend the existing contract or to conclude a new gas transit agreement through Ukraine for a period of one year."
News
2019, November, 20, 11:25:00
EU CLIMATE INVESTMENT $39 BLN
Next year, the EU has committed to finance projects worth 168.7 billion euros ($186.8 billion), of which 21% will go to measures to fight climate change.