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Qatar Petroleum, the state-owned oil company of Qatar, said it will add the 4th line for natural gas liquefying and increase production by another 10 million tons to 110 million tons per year. As a result, the capacity of the project will increase by 43%, which will give a possibility to produce 32 million tons of LNG a year, 4,000 tons of ethane per day and 260,000 barrels of condensate per day. It is expected that the first batch of liquefied natural gas from the project, which the subsidiary company Qatargas will implement, will be sent at the end of 2023.
Britain on Wednesday signed a supply deal for up to 60 million doses of a possible COVID-19 vaccine that is being developed by pharmaceutical companies GlaxoSmithKline (GSK) and Sanofi. The financial details of the agreement were not disclosed. However, ...
The Securities and Exchange Commission (SEC) announced on Monday that UBS Financial Services Inc. (UBSG) would pay more than $10 Million to resolve charges regarding certain municipal bond offerings. UBS has agreed to pay the fine after SEC ...
Oil prices fell on Thursday after OPEC+ agreed to lessen output cuts from August, though the decline was dampened by a recovery in demand as U.S. crude stocks had an unprecedented drop. Brent crude slid 0.3%, or 13 cents, at $43.66 per barrel. ...
The United States Labor Department reported on Thursday that jobless claims edged down to a near four-month low since last week, while 32.9 Million Americans collected unemployment benefits in the third week of June. The government agency ...
The U.S stocks increased on Wednesday and large technology companies lifted Nasdaq to another record close as investors continued to shrug off higher numbers of coronavirus cases in the United States. The Nasdaq Composite Index, led by Amazon.com ...
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