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Kuwait plans to increase oil exports to China - KUNA
Kuwait plans to increase crude oil exports to China to more than 600,000 barrels per day (bpd) in 2020, state news agency KUNA reported on Saturday, citing Kuwait Petroleum Corp’s Deputy Managing Director for Global Marketing Sheikh Khalid Al-Sabah. The agency did not specify the current...
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China and France sign deals worth $15 billion during Macron's visit
China and France signed contracts totaling $15 billion during a visit by President Emmanuel Macron, a Chinese government official said at a news briefing on Wednesday. Deals were struck in the fields of aeronautics, energy and agriculture, including approval for 20 French companies to...
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Plastics plant restart in Libyan port offers rare economic bright spot
The reopening of a plastics factory in the Libyan oil port of Ras Lanuf has provided a rare boost to an economy ravaged by war and political divisions. Libya is almost entirely dependent on oil revenues, and the National Oil Corporation (NOC) has struggled to keep crude production stable....
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UAE central bank: studying proposed projects in Lebanon
The United Arab Emirates’ central bank said on Sunday it is studying projects for Lebanon that had been proposed an at investment forum in the capital Abu Dhabi last month. “We decided to study and recommend to the leadership in light of developments recently,” Mubarak Rashid...
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