Europe Top News and Analysis Qatar

  • Dec 3- Saudi Arabia's stock market rose in early trade on Tuesday on the back of rising oil prices, while Dubai and Abu Dhabi were shut for public holidays. Oil prices rose for a second day as the world's biggest oil exporter, Saudi Arabia, is pushing producers to deepen a supply cut agreement when OPEC and its allies meet this week. In Saudi Arabia, the benchmark index...

  • *Qatar Airways quoted by news agency dpa. FRANKFURT, Dec 2- Lufthansa responded coldly on Monday to a report that rival Qatar Airways was interested in taking a stake in or collaborating with the German airline. Initially, Qatar Airways would also look into a partnership with Lufthansa to ramp up air transport services and tourism in Germany, Al-Baker told dpa in...

  • *GRAPHIC: China's new gas pipeline from Russia: https://tmsnrt.rs/2KUVhOr. LAUNCESTON, Australia, Dec 2- A new pipeline from Russia that will eventually be capable of delivering more than a quarter of China's current level of natural gas imports sounds like the last thing embattled liquefied natural gas producers need. The Power of Siberia pipeline was...

  • *Qatar plans to boost LNG output 64% over next 8 years. Nov 27- Proposed projects to export liquefied natural gas from North America face an uphill battle against Qatar, which announced plans to further ramp up production to hold onto its position as the world's leading LNG exporter. The United States is on track to overtake Qatar and Australia as the top LNG...

  • LONDON, Nov 26- Roger Jenkins, a former senior Barclays banker tasked with securing a financial lifeline from Qatar at the height of the credit crisis, told a London fraud trial on Tuesday he had been taken aback at the fees demanded by the Gulf state. Jenkins, 64, told a jury at the Old Bailey criminal court that he had expected Hussain Al-Abdullah, the negotiator for...

  • *President renews push for monetary stimulus. ISTANBUL/ ANKARA, Nov 26- Turkish President Tayyip Erdogan urged the central bank on Tuesday to continue slashing interest rates, after it already cut by 1,000 points since July, saying both rates and inflation would hopefully hit single-digits next year. "Much depends on monetary policy credibility," said Edward...

  • ISTANBUL/ ANKARA, Nov 26- Turkish President Tayyip Erdogan heaped pressure on the central bank on Tuesday to continue slashing interest rates, after it already cut by 1,000 points since July, saying both rates and inflation would hopefully hit single-digits next year. "Despite all the pressure, interest rates and inflation in Turkey are on the path to desired...

  • *Qatar's LNG production now is 77 million tons per year. The announcement by the world's biggest LNG supplier comes as prices for the super-chilled gas languish at multi-year lows thanks to a surge in production from the United States, Russia and Australia.. The increased expansion plans, however, may not be enough to keep rival producing countries at bay who are...

  • *Qatar's LNG production now is 77 million tons per year. The expansion of Qatar's LNG facilities is the world's largest and one of the energy sector's most lucrative projects. The estimated increase in Qatar's LNG production comes after new drilling and appraisal work in the expanded North Field mega project showed that confirmed gas reserves of the field...

  • DOHA, Nov 25- Qatar on Monday said it aims to lift its production of liquefied natural gas by 64% to 126 million tonnes per year by 2027, putting oil majors racing to secure a stake in the Gulf country's expansion plans under pressure to make the best offer. The expansion of Qatar's LNG facilities is the world's largest and one of the energy sector's most lucrative...

  • Feng Xingya, President and Executive Director of Guangzhou Automobile Group, speaks at CNBC East Tech West on November 18, 2019 in Nansha, Guangzhou, China.

    Chinese businesses have quietly scaled back from expanding in the U.S. amid the trade war and some are looking to places like Saudi Arabia, Russia and Japan.

  • RIYADH, Nov 20- Saudi Arabia's King Salman struck a defiant note against the kingdom's enemies, saying on Wednesday that missile and drone strikes it blames on Iran had not halted development and reiterating that Riyadh will not hesitate to defend itself. In an annual address to the appointed Shura Council, he called again on the international community to stop...

  • *Fund concerned about treatment of workers in Qatar, UAE. OSLO, Nov 14- Norway's $1.1 trillion wealth fund can no longer invest in G4S because of the "unacceptable risk" that the security services company contributes to, or is responsible for human rights violations, the central bank said on Thursday. Norway's fund held a 2.33% stake in G4S at the end of 2018, worth...

  • *Fund concerned about treatment of workers in Qatar, UAE. OSLO, Nov 14- Norway's $1.1 trillion wealth fund can no longer invest in G4S because of the "unacceptable risk" that the security services company contributes to, or is responsible for human rights violations, the central bank said on Thursday. G4S exclusion from the fund was based on an assessment of the...

  • SINGAPORE, Nov 14- Qatar Petroleum has told some term crude buyers in Asia this week that it plans to change the way it prices its oil early next year to align with other Middle East producers, sources with knowledge of the matter said on Thursday. QP currently prices two of its grades- Qatar Land and Qatar Marine- on a retroactive basis but will move this to forward...

  • SINGAPORE, Nov 14- Qatar Petroleum has informed some term crude buyers in Asia this week that it plans to change the way it prices its oil early next year, sources with knowledge with the matter said on Thursday. The producer currently prices two of its grades- Qatar Land and Qatar Marine- on a retroactive basis and this will be moved to forward pricing to align its...

  • Nov 13- Dallas Cowboys owner Jerry Jones' Comstock Resources is in talks to buy Chesapeake Energy Corp's Haynesville shale assets in Louisiana, according to two people familiar with the matter. Shares of the Oklahoma City- based company now trade at around 67 cents, compared to a peak of just below $70 in 2008.. Michael Sousoulas, financial analyst at Mercer...

  • *Qatar Airways to funnel passengers on budget carrier IndiGo. India has not increased the capacity rights available to Qatari carriers since 2009, so the deal will help Qatar Airways bypass restrictions on adding more flights by funnelling passengers onto the low-cost carrier. India is traditionally a strong market for Gulf airlines like Qatar Airways and...

  • Most Voice over Internet Protocol (VoIP) services – including Skype, FaceTime and WhatsApp – which enable free voice and video calls via the internet, are illegal in the UAE.

  • NEW DELHI, Nov 5- India's largest airline IndiGo and Qatar Airways will make a strategic business announcement on Nov. 7, the two companies said in a statement on Tuesday, sending shares of the budget carrier higher by as much as 4%. We are talking to IndiGo of doing codeshare, joint flights but not yet an equity stake in the airline, " Qatar Airways CEO Akbar Al Baker told...