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Investments

Investments
2019, April, 17, 11:00:00

RUSSIA, DUBAI INVESTMENT

The investment incentives provided by Dubai government and the business opportunities up for grabs on the horizon were the crux of a meeting officials of the Dubai Land Department, DLD, had with a Russian delegation who participated in the recently concluded Annual Investment Meeting 2019.

Investments
2019, April, 17, 10:45:00

ARAMCO, HYUNDAI INVESTMENT $1.25 BLN

The Saudi Arabian Oil Company, Saudi Aramco, and Hyundai Heavy Industries Holdings today announced that they have reached an agreement for Saudi Aramco’s subsidiary, Aramco Overseas Company B.V (AOC), to purchase a 17 percent stake in South Korea's Hyundai Oilbank, a subsidiary of Hyundai Heavy Industries Holdings.

Investments
2019, April, 15, 12:05:00

CHINA'S OIL INVESTMENT $74 BLN

China’s three state-owned oil companies are boosting domestic and overseas investment with the aim of increasing crude oil and natural gas output.

Investments
2019, April, 15, 11:45:00

RUSSIA - QATAR COOPERATION

The Qatari-Russian Business Council has signed a memorandum of understanding (MoU) between Qatar and Russia on co-operation, investment and information exchange during its regular meeting held in Moscow.

Investments
2019, April, 15, 11:35:00

AUSTRIA'S RENEWABLE INVESTMENT EUR2.5 BLN

Austrian power grid operator APG plans to invest Eur2.5 billion over the next 10 years to future-proof its network against a massive expansion of wind and solar, it said.

Investments
2019, April, 12, 11:05:00

SHELL SELLS MEXICO $965 MLN

Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, signed an agreement yesterday to sell its 22.45% non-operated interest in the Caesar-Tonga asset in the US Gulf of Mexico to Delek CT Investment LLC, a subsidiary of Delek Group Ltd (Delek). The total consideration for this deal is $965 million in cash.

Investments
2019, April, 10, 10:50:00

ARAMCO SELLS $12 BLN

REUTERS - Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant which has faced investor concerns about government influence over the company.

Investments
2019, April, 10, 10:40:00

U.S. SHALE OIL JOBS CUTS

Having slashed spending plans and run out of willing buyers for assets, some U.S. shale producers are turning to workforce cuts as investors step up demands for returns.

Investments
2019, April, 8, 11:25:00

DEMAND FOR ARAMCO'S BOND ABOVE $30 BLN

REUTERS - Demand for Saudi Aramco’s inaugural international bond, which will be issued this week, is higher than $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday.

Investments
2019, April, 8, 11:15:00

GAS PIPELINE FOR BRAZIL $8.6 BLN

REUTERS - A consortium led by French utility Engie has won a bid for Petrobras’ TAG pipeline arm with an $8.6 billion offer, in a deal that boosts Engie’s presence in a fast-growing sector and will help Petrobras cut its debts.

Investments
2019, April, 8, 11:10:00

NORWAY'S RENEWABLE INVESTMENT $14 BLN

The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Such investments shall be subject to the same profitability and transparency requirements as the other investments of the Fund, says Siv Jensen, Minister of Finance.

Investments
2019, April, 5, 09:50:00

EXXON SALES NIGERIA FOR $3 BLN

Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, industry and banking sources told Reuters.

Investments
2019, April, 3, 10:35:00

CHINA'S FUSION POWER

A research centre to support China's push for nuclear fusion power has been approved. It will be able to test large superconducting magnets and filters under operational conditions. The Institute of Plasma Physics of the Chinese Academy of Sciences said that having an integrated research facility for key systems of fusion reactors is "one of the major scientific engineering projects" in the Thirteenth Five-Year Plan.

Investments
2019, April, 3, 10:30:00

CHINA'S HYDROPOWER STATION: $5 BLN

China has begun construction of the main structure of the 2.24-GW hydropower station on the Jinsha River, the upper section of the Yangtze River. The project is undertaken by China Huadian Corp., with a total investment of about 33.4 billion yuan (about 5 billion US dollars).

Investments
2019, March, 29, 11:25:00

SAUDI ARAMCO, MCDERMOTT PLATFORMS

The new facility will be used for large scale fabrication of offshore platforms and onshore/offshore modules.

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