Non-oil trade between Beijing and the Gulf Cooperation Council (GCC) has grown from just several billion dollars two decades ago to nearly $200 billion last year.
Read More »Gazprom Enters New Era with Pledge for more Generous Dividends
To mitigate potential market risks. Gazprom has set aside 676.5bn roubles ($10.7bn) in its budget for this year.
Read More »OPEC Cuts 2020 Oil Demand Outlook amid Coronavirus Uncertainty
Global benchmark Brent crude has fallen to around $55 a barrel this year. alarming producers.
Read More »Russia`s Lukoil Support Further OPEC+ Cuts
OPEC+ is still waiting for Russia to clarify its position on deeper oil output cuts.
Read More »Europe’s Southern Gas Corridor almost ready
The total cost for the entire Southern gas corridor is close to $40 billion.
Read More »London Mayor Launches £3.6m Fund to Make Homes Energy Efficient
The Retrofit Accelerator for Homes will provide financial support to local authorities and housing associations to make ‘urgent’ upgrades and improvements.
Read More »Iran’s Economy Stepping Out of Recession
Iran’s economy is getting out of recession. while major economic indices are experiencing stability.
Read More »Iran`s Economy Stepping out of Recession
Iran has sufficient foreign exchange reserves to overcome any turbulence in the currency.
Read More »New Joint Venture to Build Two EV Gigafactories in Europe
Saft and Groupe PSA suggest the facilities will produce around one million batteries every year.
Read More »Record 9GW Wind Power Added in the US in 2019
In addition. 44GW of wind power projects. representing more than $62bn in investment. are either under construction or in advanced development.
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