Finance
![Finance](/cache/03-22/imf-wbg-logo.6ea13f9d.jpg)
2022, March, 2, 11:20:00
JOINT IMF, WBG STATEMENT
“We are deeply shocked and saddened by the devastating human and economic toll brought by the war in Ukraine. People are being killed, injured, and forced to flee, and massive damage is caused to the country’s physical infrastructure.
![Finance](/cache/03-22/india-032.6ea13f9d.jpg)
2022, March, 2, 11:15:00
OIL PRICES FOR INDIA
Russia and India in December signed new energy cooperation agreements, including a contract for Rosneft to ship almost 15 million barrels of crude to India in 2022, according to government and company statements.
![Finance](/cache/03-22/usa-076.6ea13f9d.jpg)
2022, March, 2, 11:05:00
U.S. OFFSHORE WIND 5.6 GW, $4.4 BLN
The United States aims to instal 30 GW of offshore wind by 2030. At the regional level, New York and New Jersey have set the target of installing 16 GW of offshore wind by 2035.
![Finance](/cache/02-22/shell-003.a3286dcc.jpg)
2022, March, 1, 11:50:00
SHELL LEAVES GAZPROM
The Board of Shell plc (“Shell”) announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture. Shell also intends to end its involvement in the Nord Stream 2 pipeline project.
![Finance](/cache/02-22/russia-sanctions.f9a24b89.jpg)
2022, February, 28, 13:10:00
EUROPEAN, JAPAN RUSSIA SANCTIONS
In response to the tougher sanctions, Russian President Vladimir Putin on Feb. 27 ordered nuclear deterrent forces on high alert, further escalating tension.
![Finance](/cache/02-22/saudi-018.ab4d43a0.jpg)
2022, February, 28, 13:00:00
ARAMCO INVESTMENT DEAL $15.5 BLN
The consortium has acquired 49% stake in Aramco Gas Pipelines Company, a subsidiary of Aramco, for $15.5 billion.
![Finance](/cache/02-22/rosneft-003.277eb174.jpg)
2022, February, 28, 12:55:00
BP LEAVES ROSNEFT
The bp board announced that bp will exit its shareholding in Rosneft. bp has held a 19.75% shareholding in Rosneft since 2013.
![Finance](/cache/02-22/equinor-001.e82ad080.jpg)
2022, February, 28, 12:50:00
EQUINOR LEAVES RUSSIA
Equinor's (OSE: EQNR, NYSE: EQNR) Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures.
![Finance](/cache/02-22/norway-034.9e2591c6.jpg)
2022, February, 28, 12:45:00
NORWAY FUND LEAVES RUSSIA
Norway's $1.3 trillion sovereign wealth fund will pull out of all investments in Russia because of its invasion of Ukraine, the Norwegian government said Feb. 27.
![Finance](/cache/02-22/renewable-022.0c1adc28.jpg)
2022, February, 24, 11:50:00
RENEWABLES FOR BRITAIN 2 GW
Copenhagen Infrastructure Partners (CIP) has entered into a partnership with Bute Energy (Bute) to invest in a 2,000 MW portfolio of onshore wind and solar projects, some with co-located battery energy storage systems, under development in Wales (United Kingdom).
![Finance](/cache/02-22/coal-022.db7529b3.jpg)
2022, February, 23, 12:30:00
GLOBAL COAL INVESTMENT $1.5 TLN
The world coal industry has secured $363 billion in bank credits in the period from January 2019 to November 2021, and banks continued to support transactions on the sale of securities of companies in the industry, with their combined sum totalling $1.2 trillion.
![Finance](/cache/02-22/sweden-004.f4c3abde.jpg)
2022, February, 22, 12:20:00
SWEDISH NUCLEAR, SOLAR POWER
Swedish Modular Reactors has been granted just over SEK99 million ($10.6m) in support of demonstrating a smaller lead-cooled reactor. Solkompaniet Sverige has been granted SEK14.4 million to support demonstrating a smart solar park.
![Finance](/cache/02-22/france-006.c5d86aae.jpg)
2022, February, 21, 11:25:00
FRANCE'S NUCLEAR NEED EUR2.5 BLN
EDF says it is to raise EUR2.5 billion (USD2.8 billion) to help cover the costs of measures imposed to limit French energy bills and a projected fall in nuclear output.
![Finance](/cache/02-22/hydrogen-014.ec2a6aaa.jpg)
2022, February, 17, 13:45:00
U.S. CLEAN HYDROGEN INVESTMENT $9.5 BLN
“Clean hydrogen is key to cleaning up American manufacturing and slashing emissions from carbon-intensive materials like steel and cement while creating good-paying jobs for American workers,” said U.S. Secretary of Energy Jennifer M. Granholm. “We're seeking feedback from the American public on how to make scaling up this clean, affordable energy source a reality for the United States.”
![Finance](/cache/02-22/russia-042.c04d3e62.jpg)
2022, February, 16, 11:25:00
RUSSIAN NUCLEAR INVESTMENT RUB100 BLN
Projects for the creation of new nuclear power facilities will receive about RUB56 billion from the National Wealth Fund (NWF), another RUB40 billion will be allocated from the budget.