Petrofac Emirates has been awarded two contracts. together worth around US$1.65 billion with Abu Dhabi National Oil Company in the United Arab Emirates.
Read More »Coronavirus Impact on China’s Power and Renewables Sector
IHS Markit expects that the economic shock is likely to reduce China'.s 2020 GDP growth to 5.4%.
Read More »Lack of Reforms Is Hurting Global Economy
The lack of deeper improvements in the global economic system is hindering what’s already an anemic outlook for growth. especially as the shock caused by the coronavirus.
Read More »Iran`s Foreign Trade Value Hits $79bn in 11 Months
The Ministry of Economy has taken effective steps to solve problems facing producers.
Read More »Iranian Carmakers Double Output in January
Iran’s Minister of Industries Reza Rahmani bragged about great booms in the manufacturing sector in his country. saying that average daily output of carmakers has doubled in January compared to the recent months.
Read More »Asian Markets Fall as Coronavirus Hits Earnings. Growth
China is the world’s biggest importer and consumer of oil.
Read More »Gazprom to Get China on Board as a Major Energy Customer for Russia
Gas prices have plunged since 2014 when China and Russia agreed to the Power of Siberia gas pipeline project.
Read More »Iran Reports 14.8% Growth in Manufacturing despite Bans
Iran has adopted measures to protect industries from the impacts of the American sanctions.
Read More »Met Office Receives £1.2bn to Develop Climate and Weather Supercomputer
It will help to more accurately predict storms. select the most suitable locations for flood defences and predict changes to the global climate.
Read More »Climate Change Could Cost Global Economy Nearly $10tn by 2050
A new report warns nature losses and environmental damage need to be rapidly reversed in order to avoid severe financial losses across multiple vital sectors.
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