Paris rocked by fighter jet breaking sound barrier International News

Tripoli: Libya's National Oil Corporation announced Friday the resumption of oil exports from two key terminals in the east of the conflict-strewn country, as rival administrations struck a ceasefire deal.   "Force majeure is being lifted from Ras Lanuf and Al-Sidra starting
Posted Date :  24-10-20

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Swedish steelmaker SSAB AB is exploring a combination with Tata Steel’s European business as a back-up plan to a deal with Thyssenkrupp AG amid industry consolidation, according to people familiar with the matter.   SSAB is holding preliminary talks with Tata Steel of India as
Posted Date :  24-10-20

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Singapore: In mid-October, the International Energy Agency’s 2020 Global Energy Review showed that while global energy demand declined by 3.8% in the first quarter of 2020, global coal demand was hit the hardest, falling by almost 8%, when compared with the same period in 2019.  
Posted Date :  23-10-20

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SINGAPORE: Singapore’s residual fuel oil inventories slipped by 1.4% to a two-week low in the week ended Oct. 21 amid limited net import volumes and a jump in unusual exports to Saudi Arabia, official data showed on Thursday. The lower stockpiles, which snapped five straight weeks of i
Posted Date :  22-10-20

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WARSAW: Poland will ask the European Commission to approve state aid for the construction of a nuclear power station, the minister responsible for energy infrastructure said on Thursday.   “It is impossible these days to build a nuclear power plan without state support,”
Posted Date :  22-10-20

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DUBAI, United Arab Emirates: A new wonder is rising in the southern desert of Dubai against the backdrop of Persian Gulf beaches, but it’s not another skyscraper to grace the futuristic sheikhdom. Instead, it’s one of mankind’s oldest power sources gaining its own space on the o
Posted Date :  22-10-20

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Israel: Israeli state-owned company Europe Asia Pipeline Company (EAPC) and MED-RED Land Bridge (MRLB), a joint venture between Petromal – an integrated oil and gas company based in Abu Dhabi – and other Israeli companies, have signed a binding MoU for energy collaboration.  
Posted Date :  21-10-20

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Brussels: The European Union has begun an anti-dumping investigation into imports from China of steel towers used for wind turbines, the EU official journal said on Wednesday.   The investigation follows a complaint by the European Wind Tower Association, which says the volumes and l
Posted Date :  21-10-20

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South Korea: South Korea’s majority state-owned utility KEPCO plans to cancel or convert to LNG two remaining overseas coal power projects in its pipeline, which includes the 630MW Thabametsi plant in South Africa and the 1,000MW Sual 2 project in the Philippines.   According t
Posted Date :  21-10-20

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Melbourne/Singapore: Oil prices were little changed on Tuesday, steadying after three days of declines due to worries that a resurgence of coronavirus cases globally is stifling a recovery in fuel demand, while growing output from Libya adds to plentiful supply. Brent crude futures were trading d
Posted Date :  20-10-20

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Warsaw: Poland is opening a field hospital at Warsaw’s landmark national stadium and will bring in the army to handle drive-through coronavirus testing facilities amid a surge in new infections that threatens to overwhelm the healthcare system. Officials said the Law and Justice (PiS)
Posted Date :  19-10-20

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London/Brussels: Britain and the European Union said on Monday the door was still open to a deal, calling on each other to compromise to find a way to protect billions of dollars of trade between the neighbours. With just over two months before Britain ends a status-quo transition arran
Posted Date :  19-10-20

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Moscow: The Russian Direct Investment Fund (RDIF) and Dr. Reddy’s Laboratories Ltd have received renewed approval to conduct late-stage clinical trials in India of the Russian COVID-19 vaccine, the sovereign wealth fund said on Saturday.   Large-scale trials of the Sputnik
Posted Date :  17-10-20

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Posted Date :  13-10-20

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The British’s SSE plc (formerly Scottish and Southern Energy plc) an energy company headquartered in Perth, Scotland on Tuesday agreed to sell its 50% stake in West Yorkshire-based Ferrybridge and Skelton Grange assets for 995 million pounds ($1.30 billion) in cash, as part of its strategy to d
Posted Date :  13-10-20

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Posted Date :  12-10-20

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As part of a large-scale global trial, scientists in Britain have launched a study to test if the widely-used Bacillus Calmette-Guerin (BCG) vaccine could help protect people against Covid-19.   Developed almost a century ago, BCG vaccine was originally designed to fight tuberculosis (TB
Posted Date :  12-10-20

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A common fear is that the Nov. 3 contest between President Donald Trump and Democratic challenger Joe Biden remains undecided, leading to protests that could escalate into civil unrest, or even sectarian conflict. An illustration of those concerns came in Michigan on Thursday, with the announce
Posted Date :  09-10-20

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Dubai: Oman will re-introduce a night-time ban on movement and enforce the overnight closure of shops and public places between Oct. 11 and 24, to help contain the coronavirus, state media reported on Friday.   The restrictions will apply from 8 p.m. (2000 GMT) to 5 a.m. (0500 GMT)
Posted Date :  09-10-20

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London/Washington: Facebook Inc and Twitter Inc said on Thursday they had taken down more than a dozen disinformation networks used by political and state-backed groups to deceive users on the social media platforms in multiple countries.   In separate statements, the two companies said
Posted Date :  09-10-20

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