Saudi Aramco to press ahead with plan to boost output capacity, CEO says

Aramco’s capital spending plan for 2021 will be “significantly lower than previous guidance,” CEO Amin Nasser also said on a call with analysts and investors after the company’s second quarter results, which were published on Sunday.

Low oil prices shrink Gulf jobs for Indians

Saudi Arabia, but it faces an equally worrying and more intractable problem of declining remittances from the Persian Gulf region due to low crude oil prices that have rendered a large number of expatriates jobless.Remittances to India from the Gulf countries fell 2.2% in 2015-16 from that a year ago to $35.9 billion, declining for […]

India’s biggest asset sale to attract China-wary oil majors

oil investors headed to India, said a top executive at a refiner that Prime Minister Narendra Modi’s government has put up for sale.“The choices of investing in oil sector will be limited when the world becomes normal and India will be the only happening alternative,” N. Vijayagopal, finance director at Bharat Petroleum Corp. said in […]

Japanese hunters kill 120 pregnant minke whales during summer months – report

“Research effort began 60 minutes after sunrise and ended 60 minutes before sunset, with a maximum 12 hour per day,” said the report, prepared by representatives of the Institute of Cetacean Research – a whale research agency that is associated with Japan’s fisheries ministry. It was co-written with authors from the fisheries processing company Kyodo […]

Tokyo offers $1 billion research grant for human augmentation, cyborg tech

Previous and related coverage Microsoft reaffirms AI will augment the human experience rather than replace it Mozilla offers research grant for a way to embed Tor inside Firefox ‘Dumb’ robot ants are alarmingly smart (and strong) working together Have a tip? Get in touch securely via WhatsApp | Signal at +447713 025 499, or over […]

New Zealand government to spend NZ$3m on unmanned aircraft trial program

The first industry partner to participate in the program will be Zephyr Airworks, which has been testing and developing a self-flying, electric, vertical take-off and landing aircraft — called ‘Cora’ — in New Zealand since 2017. The company will work with the Ministry of Business, Innovation, and Employment to focus on a passenger transport trial.

Reliance says not involved in any cash payment arrangement to Venezuela’s PDVSA for oil

Reliance Industries denied involvement in any arrangements that lead to cash payments for oil supplies to Venezuelan state oil company PDVSA via third parties, and said it is not in violation of any U.S. sanctions, according to a statement from India’s giant oil refining company on Saturday.Venezuela’s President Nicolas Maduro is funneling cashflow from Venezuelan […]

Seoul Seeks to ‘Persuade’ US to Extend Iran Sanction Waivers After May Deadline

“The results of these external and internal contacts will be reflected in decision-making — Iran will soon make the required decision on this issue and announce it”, Iranian Foreign Ministry spokesman Abbas Mousavi said.