Chinese President Xi Jinping attends a joint video conference with Russian President Vladimir Putin. China and Russia on Monday launched a gas pipeline. Associated Press
The $21 billion Arctic liquefied natural gas (LNG)-2 project led by Russian private gas producer Novatek won a green light on Thursday, the latest in a raft of new projects aimed at meeting a likely doubling of LNG demand over the next 15 years.
Russian gas exports to Turkey and eight other southeast European nations fell by more than a quarter in the first half of 2019 as cheaper liquefied natural gas (LNG) and new Azerbaijan (Azeri) supplies helped the region reduce reliance on Russia.
A protracted decline in European gas prices, which has hurt some energy firms but may prove a boon to buyers, has yet to find a floor as low summer demand could boost gas storage tanks close to chock-full amid soaring global supply.
The new virus took aim at a broadening swath of the globe on Monday, with officials in Europe and the Middle East scrambling to limit the spread of an outbreak that showed signs of stabilizing at its Chinese epicenter but posed new threats far beyond.
DP World, the leading enabler of global trade, and one of the world’s largest port operators, announced on Tuesday it has completed the acquisition of Fraser Surrey Docks from Macquarie Infrastructure Partners,
First Abu Dhabi Bank (FAB), concluded its General Assembly Meeting on Monday at FAB’s headquarters in Abu Dhabi. According to a statement released by FAB, all items on the agenda were discussed