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Investments

Investments
2017, July, 5, 12:10:00

GE & BAKER HUGHES DEAL

General Electric Co. closed its deal to combine its long-suffering energy business with Baker Hughes Inc. on Monday, creating one of the largest companies in the oil-field services industry.

Investments
2017, July, 5, 12:05:00

REPSOL & GAZPROM DEAL

Spain’s Repsol has agreed to establish a joint venture with Russian oil company Gazprom Neft, in the latest move by a European oil and gas company to deepen co-operation with Russia despite western sanctions targeting the country’s energy sector.

Investments
2017, July, 3, 13:50:00

INDIAN - IRANIAN GAS INVESTMENT

The Indian consortium led by the state-owned Oil and Natural Gas Corporation (ONGC) is willing to spend as much as $11bn to develop the giant Iranian natural gas field it discovered in 2008.

Investments
2017, July, 3, 13:45:00

ROSNEFT - KURDISH TALKS

Russia’s state-controlled oil company is in discussions with Iraqi Kurdistan over helping it develop oilfields in disputed territory at the heart of tensions with Baghdad, in a move that pitches Moscow into one of Iraq’s oldest faultlines.

Investments
2017, July, 3, 13:35:00

GERMANY'S RENEWABLE UP

Germany raised the proportion of its power produced by renewable energy to 35 percent in the first half of 2017 from 33 percent the previous year, according to the BEE renewable energy association.

Investments
2017, June, 30, 08:45:00

ВЗАИМОДЕЙСТВИЕ РОССИИ И ВЬЕТНАМА

Стороны намерены создавать благоприятные условия для работы российских и вьетнамских профильных компаний ("Газпром", "Зарубежнефть", "Роснефть" и PetroVietnam) на территории России и Вьетнама, налаживать взаимодействие на перспективных направлениях, включая нефтепереработку и нефтехимию, поставки во Вьетнам сжиженного природного газа, производство и сбыт на рынке этого государства газомоторного топлива.

Investments
2017, June, 30, 08:40:00

ROSNEFT & BEIJING GAS DEAL

Rosneft and Beijing Gas Group Company Limited ("Beijing Gas") closed the deal for sale and purchase of 20% shares in Verkhnechonskneftegaz (a Rosneft subsidiary). The price of purchased 20% stake amounted to around USD 1.1bln.

Investments
2017, June, 30, 08:30:00

U.S. - S.KOREA BUSINESS

South Korean companies announced plans to import more American shale gas and build new factories in the U.S. as the two countries' leaders prepare to hold summit talks in Washington where trade is expected to be a key issue.

Investments
2017, June, 26, 23:40:00

RENEWABLE ENERGY EFFICIENCY: 90%

Keeping the rise of global temperatures below 2 degrees Celsius means reducing energy-related carbon dioxide emissions by more than 70 per cent by 2050 (compared to 2015 levels). Analysis by IRENA for the G20 Presidency has shown that renewable energy and energy efficiency could potentially achieve 90 per cent of those reductions.

Investments
2017, June, 24, 09:50:00

U.S. RENEWABLE ENERGY

Wind and solar developers together have added about 40 gigawatts to the U.S. grid over the past two years, bringing total installed wind and solar capacity to about 120 gigawatts.

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