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W.Asia

W.Asia
2020, November, 5, 12:45:00
OPEC OIL REVENUES WILL DOWN
OPEC earned an estimated $595 billion in net oil export revenues in 2019, a decrease of 17% compared with the estimated 2018 net export revenue and less than half the estimated record high of almost $1.2 trillion earned in 2012.
W.Asia
2020, November, 5, 12:00:00
UAE CLEAN ENERGY INVESTMENT $23 BLN
DEWA said that it has attracted investments worth approximately $10.8 billion from the Independent Power Producer (IPP) model, which strengthens public-private partnerships.
W.Asia
2020, November, 3, 13:00:00
RENEWABLE ENERGY FOR UAE
Strategic planning for a sustainable future Renewable energy is an essential requirement for sustainability and stands at the forefront of the UAE’s strategic priorities.
W.Asia
2020, November, 3, 12:50:00
SAUDI ARAMCO NET INCOME $11.8 BLN
Dhahran, Saudi Arabia, November 3, 2020 – The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced its financial results for the third quarter of 2020.
W.Asia
2020, November, 3, 12:45:00
RUSSIA'S INVESTMENT TO IRAN €1.3 BLN
In September 2019, Russia awarded a €1.3bn funding to build the project, which will correspond to 85% of the total investment.
W.Asia
2020, October, 30, 13:40:00
RUSSIA'S GAS FOR TURKEY 1.37 BCM
Russia was Turkey's top gas import destination, supplying 1.37 bcm of natural gas while Azerbaijan and Iran followed with 986 and 406 mcm, respectively.
W.Asia
2020, October, 28, 14:05:00
EXXON LNG FOR ASIA
ExxonMobil predicts that, by 2030, China’s LNG imports will “probably exceed” 90mn t/yr—50pc growth even from 2019.
W.Asia
2020, October, 28, 13:55:00
U.S., IRAN SANCTIONS ANEW
Iran sanctions relief under a change in US president represents the biggest supply and price impact for global oil markets
W.Asia
2020, October, 27, 14:35:00
INDIA, OPEC COOPERATION
Your Excellency, Prime Minister Modi, OPEC is a reliable partner of India and the great strategy you set out for your esteemed country. Long may this relationship continue to blossom.
W.Asia
2020, October, 27, 14:20:00
GLOBAL INVESTMENT DOWN BY 49%
Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020,
W.Asia
2020, October, 27, 14:10:00
ISRAEL'S RENEWABLE TARGET $24 BLN
This target follows an ILS80bn (US$24bn) plan unveiled in June 2020 and aimed at increasing the share of solar in the power generation to 30% by 2030,
W.Asia
2020, October, 26, 13:55:00
SHAKY OIL MARKET
Saudi Energy Minister Prince Abdulaziz bin Salman, who has warned his counterparts of the market's shaky footing and the need to be proactive on production policy, could very well welcome any lobbying by the Trump administration, if global oil demand prospects do not improve.
W.Asia
2020, October, 26, 13:35:00
U.S., UAE STRATEGIC COOPERATION
To coincide with the first meeting of the new United States-United Arab Emirates Strategic Dialogue, U.S. Secretary of Commerce Wilbur Ross announced the Department is working to conclude two memorandums of understanding with Emirati government agencies promoting foreign direct investment, innovation, and entrepreneurship as well as the expansion of the International Trade Administration’s (ITA) Digital Attaché Program to Dubai, UAE.
W.Asia
2020, October, 26, 13:30:00
U.S., IRAN SANCTIONS: UNLAWFUL
The EU considers the extraterritorial application of unilateral restrictive measures unlawful and contrary to international law.
W.Asia
2020, October, 21, 17:05:00
RUSSIA'S NUCLEAR EXPANSION
Russia's Rosatom has entered a competition to establish a nuclear power plant in Saudi Arabia, as part of Rosatom’s global expansion.