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According to Saudi Arabia's Al Arabiya TV, sources say Israeli Prime Minister Benjamin Netanyahu told US envoy Jared Kushner that Israeli forces will only withdraw from Gaza after Hamas is completely disarmed. Netanyahu demanded that Kushner and the

2026-08-17

According to Saudi Arabia's Al Arabiya TV, sources say Israeli Prime Minister Benjamin Netanyahu told US envoy Jared Kushner that Israeli forces will only withdraw from Gaza after Hamas is completely disarmed. Netanyahu demanded that Kushner and the Gaza Peace Committee's envoy to Saudi Arabia provide assurances regarding Hamas's credibility in disarmament, and also requested that these officials cut off Hamas's funding.

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2026-08-17

The NDRC and NEA issued the 15th Five-Year Plan for oil and gas. Policy mandates adherence to a 'capacity reduction and replacement' approach for refining: optimize existing capacity, strictly limit new additions, and promote oil-to-chemicals, oil-to

The NDRC and NEA issued the 15th Five-Year Plan for oil and gas. Policy mandates adherence to a 'capacity reduction and replacement' approach for refining: optimize existing capacity, strictly limit new additions, and promote oil-to-chemicals, oil-to-specialties and oil-to-materials conversions to raise refining-petrochemical concentration, precision and green standards. Authorities will use market-based, rule-of-law measures to guide and support regional refinery consolidation, restructuring and elimination of outdated capacity. The plan requires stronger process decarbonization and targeted use of green power and low-carbon hydrogen. Coastal zones will prioritize integrated refining-chemical clusters and higher-end chemical-material output to build globally competitive bases; central and western regions will prioritize local-demand-aligned, resource-appropriate petrochemical projects to ensure stable fuel supply. Competitive small- and mid-sized refineries are to focus on specialized, high-value niche products.
2026-08-17

Groq raised $350 mln at a $3.5 bln valuation.

Groq raised $350 mln at a $3.5 bln valuation.
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