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Investments

Investments
2017, February, 21, 19:00:00

TURKISH STREAM - 2

Construction contract signed for second string of TurkStream’s offshore section

Investments
2017, February, 16, 19:00:00

GAZPROM - CNPC COOPERATION

Gazprom and CNPC broadening strategic cooperation in energy sector

Investments
2017, February, 11, 19:01:00

EUROPEAN RENEWABLE ENERGY

European utilities will not reduce their investments in renewables if U.S. President Donald Trump lowers U.S. climate goals, encouraged by Chinese and EU political commitments to low carbon energy.

Investments
2017, February, 10, 18:35:00

SOUTH KOREA'S LNG DOWN

But Lee said that South Korean demand for LNG would keep falling in the short-term due to increased electricity output from nuclear and coal-fired power plants. The country is the world's second-biggest LNG importer after Japan.

Investments
2017, February, 10, 18:30:00

INDONESIA NEEDS $80 BLN INVESTMENTS

Indonesia needs to invest $70 billion to $80 billion in gas infrastructure through 2030 to avoid a potential gas shortage, as domestic consumption growth outpaces supply, state-owned energy business Pertamina said Tuesday.

Investments
2017, February, 2, 18:40:00

CHINA'S OIL DEMAND

China's apparent oil demand slipped into the negative territory in 2016, a sharp reversal from the near 7% growth witnessed a year earlier, as the country's slowest GDP growth in 26 years slashed appetite for industrial and transportation fuels in Asia's biggest oil consuming nation.

Investments
2017, February, 2, 18:35:00

GLOBAL OIL&GAS DEALS

Global oil and gas deal activity in 2016 recovered from a slow start to the year with help from the announcements of midstream and oilfield services (OFS) megadeals. Deal value increased in 2016 to US$395 billion from US$340 billion in 2015, while deal volume fell by 27% year-on-year.

Investments
2017, January, 31, 18:30:00

SEADRILL RESTRUCTURING UPDATE

Over the past year we have had substantial dialogue with our secured lenders to amend and extend c.USD8 billion in first lien secured debt. During the second half of last year, we began to engage with potential new money investors, including Hemen Holdings Ltd. In December 2016, we formally engaged with an ad hoc committee of bondholders, and agreed that by January 31 2017 we would release through a 6k filing agreed material non-public information disclosed to the ad hoc committee of bondholders, including the Company's latest restructuring proposal and the last proposal that the Company has received from the ad hoc committee.

Investments
2017, January, 30, 18:55:00

SAUDI'S RENEWABLE INVESTMENT: $50 BLN

OPEC’s biggest crude producer is embarking on a domestic renewable-energy program costing $30 billion to $50 billion. The country’s only solar plant in operation, aside from a limited pilot project, is a 10-megawatt facility on top of a parking lot at Saudi Aramco’s headquarters. The national utility, Saudi Electricity Co., is seeking bids for two solar plants to generate a combined 100 megawatts.

Investments
2017, January, 26, 18:50:00

QATAR'S INVESTMENT TO RUSSIA

Abullah bin Mohammed Al Thani, the fund’s chief executive, said it would invest a further $2bn on top of $500m of existing investments in the country. Some of the investments would be made jointly with the $10bn sovereign Russian Direct Investment Fund, its partner in a deal last summer for St. Petersburg’s airport, he added.

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