Page 512 - எண்ணெய் வயல் தொழிலாளர்கள் வர்த்தகம் தொழிற்சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China s focus on self-sufficiency will not hold back LNG demand [Gas in Transition]

China’s focus on self-sufficiency will not hold back LNG demand [Gas in Transition] May 4, 2021 5:15:am Summary The focus of China’s 14th Five-Year Plan is self sufficiency with an implied short-term increase in coal use and a major effort to boost domestic gas production, alongside rapidly expanding renewables and nuclear capacity in electricity generation. Yet even as gas imports along the new Power of Siberia ramp up, China’s demand for LNG is expected to grow fast. Projections of 80-110bn m3/year by 2025 could well prove low, given LNG’s flexibility in meeting demand variations, possible shortfalls in targeted domestic gas output and gradual liberalisation of the gas market. [Gas in Transition, Volume 1, Issue 1]

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Jordan reopens two border posts with Saudi Arabia, Syria

Israel chief auditor announces probe in deadly stampede Officials had authorized 10,000 pilgrims to attend this year, but several Israeli media outlets reported that 100,000 people showed up at Mount Meron. AFP could not confirm that figure Updated 04 May 2021 May 04, 2021 01:18 JERUSALEM: Israel’s state comptroller has announced the launch of an investigation into a stampede that killed 45 pilgrims at a religious festival, saying the crush “could have been prevented.” At least 16 children and teens were among those crushed to death in the early hours of Friday morning, a tragedy described as Israel’s worst peacetime disaster. Tens of thousands had packed a site at Mount Meron in northern Israel for the annual pilgrimage to the tomb of reputed second century Rabbi Shimon Bar Yochai, coinciding with the Lag BaOmer holiday. The tragedy “could have been prevented, and we must now determine how,” Matanyahu Englman told journalists as he announced a “special audit”

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Aramco Follows Big Oil Rivals With Bumper First-Quarter Profit

May 04 2021, 2:23 PM May 04 2021, 11:48 AM May 04 2021, 2:23 PM (Bloomberg) (Bloomberg) Saudi Aramcoâs profit soared in the first quarter following a recovery in global oil and gas markets, though free cash flow remained too low to fully cover dividend payments. The worldâs biggest energy firm kept its quarterly payout, almost all of which goes to the Saudi Arabian government, at $18.75 billion. The money is a vital source of cash for the kingdom as it tries to narrow a budget deficit that ballooned last year, with the coronavirus pandemic sinking oil prices and shutting down local businesses. The bumper results follow those last week of Big Oil firms such as Royal Dutch Shell Plc and BP Plc, whose earnings are back to pre-pandemic levels as major economies reopen and more people are vaccinated. Brent crude has gained 31% this year to more than $68 a barrel.

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Premarket: World shares near record peak, U S dollar shuffles higher

Premarket: World shares near record peak, U S dollar shuffles higher
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ACWA Power implements largest wind power plant in Central Asia

Apps to help ensure health protocols are followed Updated 04 May 2021 May 04, 2021 06:34 RIYADH: Saudi Arabia’s Ministry of Hajj and Umrah has given the go ahead for hotels surrounding the Grand Mosque in Makkah to issue permits to guests. The measure will be implemented by the ministry in collaboration with the Saudi Authority for Data and Artificial Intelligence through the “Eatmarna” and “Tawakkalna” apps, with invitees being required to strictly meet regulatory requirements and health protocols. The procedures will play a role in activating the investment process of the hotel sector, Deputy Minister of Hajj and Umrah Dr. Abdelfattah bin Sulaiman Mashat said in a statement to the Saudi Press Agency (SPA).

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