Putin to hold meeting with Chinese, Mongolian counterpart
... reaching full capacity of 38 bcm by the year 2025. China is also negotiating a new Central Asia China Gas Pipeline D to supply 25 billion barrels of gas a year from Turkmenistan via Tajikistan and Kyrgyzstan. The country has long-term contracts with Qatar, the United States and global oil majors for 42 million barrels of natural gas LNG per annum to be shipped in tankers, with most of the supplies starting in the next five years. A Beijing-based industry expert who didn't want to be named because ...
Updated: 09/15/2022
Shell CEO Ben Van Beurden to step down after 40 years
... from McGill University in Montreal and an MBA from Harvard Business School. He has worked for Shell for 25 years in various positions around the world, including stints as executive vice president for deepwater and for the company's operations in Qatar. Van Beurden will continue to serve as an adviser to the board until June 30, 2023. None A Dubious Truck, a Whistleblower Army and Inept Spies: Inside the Very Weird Nikola Saga
Updated: 09/15/2022
Most football fans support compensation for Qatar migrant workers
MOISES CASTillO AP A majority of football fans from 15 countries would support FIFA compensating migrant workers in Qatar for human rights violations during the country's preparations for the 2022 World Cup, Amnesty International said on Thursday. MOISES CASTILLO AP A majority of football fans from 15 countries would support FIFA compensating migrant workers in ...
Updated: 09/15/2022
Volkswagen lined up investors for Porsche IPO
... fallen by 23% over the last 12 months, giving it a market value of 89 billion euros. Other big names like T Rowe Price Group Inc. have indicated interest in subscribing to Porsche IPO, Bloomberg News reported last month. VW said this month that the Qatar Investment Authority has made a preliminary commitment to buy a 4.99% stake. The people said that Dietrich Mateschitz , the billionaire founder of energy drink brand Red Bull , also held talks about buying stock in the offering. Two people said ...
Updated: 09/14/2022
One of the world's biggest combat sports promoters Group ONE changes its official base
... originally planned to go public via a merger with SPAC . Group ONE had previously been linked to Credit Suisse and Goldman Sachs for the now-defunct merger. In January, Group ONE raised $150 million in a round led by Guggenheim Investments and the Qatar Investment Authority , the nation's sovereign wealth fund. Group ONE plans to expand outside Asia, where it can compete with Endeavor 's UFC . "Whether we are hosting events in North America or in Qatar or Europe, those are all in the plans ...
Updated: 09/13/2022
Finnair must create additional cost savings
... these destinations is 30 40 per cent longer when you have to go around Russian airspace. Finnair offered flights to more than two dozen cities in Asia before the epidemic. As suggested by the long-term strategic partnership it announced last week with Qatar Airways , the Middle East will become an increasingly important market for the airline. The partnership will have 28 weekly flights to the main hub of Qatar Airways , Doha, from four destinations in Europe. Manner pointed out that before the flu,...
Updated: 09/13/2022
Human slavery rises by 5% in five years, ILO says
... upper-middle-income or high-income countries, with migrant workers more than three times as likely as locals to be affected, according to the ILO , based on its estimates partly on household surveys. In a separate part of the report, the ILO said that Qatar - which has faced allegations of labour rights violations relating to migrants working in the run-up to the soccer World Cup in November - had made significant progress since the opening of an ILO office there in April 2018. Qatar 2022 Chief Executive ...
Updated: 09/12/2022
Human rights record high in modern slavery
... occurred in either upper-middle-income or high-income countries, with migrant workers more than three times as likely to be affected. Guy Ryder , head of the ILO , said it was shocking that modern slavery was not improving. The report made reference to Qatar, which has been accused of labour rights violations relating to migrants working there in the lead-up to the FIFA soccer World Cup , starting in November. Since the ILO opened an office in the capital, Doha, there had been significant progress ...
Updated: 09/12/2022
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