Recent stories from sustg

• Oil Approaches Prices Not Seen Since Start of Pandemic as Optimism on Vaccines, U.S. Stimulus Drives Prices
  • December 18,2020

  • •

  • SUSTG Team
   

  Oil reached its highest close in almost 10 months as U.S. lawmakers worked toward finalizing a stimulus deal that may boost near-term demand ahead of a broad roll-out of the Covid-19 vaccine. Futures in New York were near $48.50, headed for a seventh weekly gain, Bloomberg reports.

   
• Saudi Arabia’s Economy Still Shrank in 3Q Despite Rebound Trend
  • December 17,2020

  • •

  • SUSTG Team
   

  Saudi Arabia’s economy shrank more slowly in the third quarter of this year as the government relaxed some measures put in place to curb the spread of the Coronavirus but the oil sector continued to weigh on the Kingdom’s overall economic outlook, according to reports.

   
• Saudi Arabia Unveils 2021 Fiscal Budget with Spending Reductions, Eying Economic Rebound
  • December 16,2020

  • •

  • SUSTG Team
   

  Saudi Arabia unveiled a new budget for the 2021 year, cutting spending to rein in a fiscal deficit brought on by a lower oil prices in 2020 and adjusting the Kingdom’s fiscal strategy to a post-Coronavirus pandemic era.

   
• Saudi Arabia’s Air Force Receives Final F-15SA Fighter Aircraft in Deal Signed under Obama Administration
  • December 14,2020

  • •

  • SUSTG Team
   

  The Royal Saudi Air Force has received the last F-15SA advanced fighter aircraft from the United States as part of a massive $29bn foreign military sales (FMS) agreement agreed to with the Obama administration in 2010. An advanced version of the F-15S, the F-15SA is equipped with several capabilities to enable the Royal Saudi Air Force […]

   
• Princess Reema in Vogue Middle East: ‘Profound, Historic Changes’ for Women in Saudi Arabia
  • December 11,2020

  • •

  • SUSTG Team
   

  Saudi Arabia’s Ambassador to the United States Princess Reema bint Bandar penned an open letter for Vogue Middle East discussing the progress made and path forward for Saudi Arabia’s women, noting that women in the Kingdom are “cracking the glass ceiling.”

   
• Saudi Arabia Registers Pfizer COVID-19 Vaccine for Import, Distribution in Kingdom
  • December 10,2020

  • •

  • SUSTG Team
   

  Health authorities in Saudi Arabia have registered the Pfizer-BioNTech COVID-19 vaccine for import and use in the country, state news agency SPA said on Thursday. Saudi Arabia’s Food and Drug Agency registered the vaccine. Procedures necessary for its import and use will begin, the statement said.

   
• Houston-Based Baker Hughes, Saudi Aramco to Develop Oil, Gas Products Using Nonmetallic Resources
  • December 9,2020

  • •

  • SUSTG Team
   

  Saudi Aramco and Houston-based Baker Hughes have announced the formation of Novel, a 50/50 Joint Venture (JV) to develop and commercialize a broad range of non-metallic products for multiple applications in the energy sector, the companies said in a press release.

   
• Saudi-Owned Lucid Motors Completes Phase 1 of Arizona Factory Build, Eyes 2021 Production
  • December 8,2020

  • •

  • SUSTG Team
   

  Saudi-owned Lucid Motors, a forthcoming EV rival to Tesla, announced that it completed the first phase of construction at its factory in Arizona, eying production of up to 400,000 electric cars per year at the facility after future expansions. Lucid completed the first phase of construction of its factory in Casa Grande, Arizona, and is aiming to start […]

   
• Saudi Prince Turki al-Faisal Offers Harsh Criticism of Israel at the Manama Dialogue Summit
  • December 7,2020

  • •

  • SUSTG Team
   

  Saudi Arabia’s Prince Turki al-Faisal harshly criticized Israel on Sunday at the Manama Dialogue summit that was remotely attended by Israel’s foreign minister, demonstrating the chasm that still exists between the two nations as reports claim that a deal to establish diplomatic ties may happen soon.

   
• OPEC+ Agrees on Output Increase by by 500,000 Barrels a Day in January – Reports
  • December 4,2020

  • •

  • SUSTG Team
   

  OPEC and Russia on Thursday agreed to a slight increase in production quotas in January, reducing their deep oil output cuts from January by 500,000 barrels per day, according to reports. The decision taken by OPEC and Russia signals the world’s biggest producers “are betting the worst of a pandemic-inspired shock to demand is behind them,” according to the […]

   
• 10 of 2411 results<< 1 … 89 90 91 92 93 … 242 >>
  VIEW ALL 2411 RESULTS

  (MAY TAKE A LONG TIME TO LOAD)