Saudi’s low inflation rate a lesson for G20 countries
The newest prediction from the IMF predicts that Saudi Arabia's GDP will rise 7.6% this year after accelerating by 3.2% last year...
Tag : oil
Can the global economy survive without fossil fuels?
Global temperatures could rise by more than 3°C and the world economy could shrink by 18% in the next 30 years...
Petronas discovers new oil and gas in Miri
It is located in the shallow waters of the Balingian province in offshore Miri, Sarawak...
Iraq and Total consider oil and gas infrastructure deal of $7 bn
This discussion with Total SE will help build large infrastructure installations, produce gas and develop oil fields in Iraq...
Kuwait sees $39.9 bn budget deficit for new fiscal year
The Kuwaiti economy expects state revenues of KD10.9 billion in the new fiscal year...
Brazil’s oil is not fully impacted by contagion effects of economic crisis
By September, Brazil became the third largest supplier of crude oil to China, and is strengthened by the pre-salt Tupi oilfield...