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Investments

Investments
2019, June, 14, 11:00:00
CLIMATE INVESTMENT $43 BLN
Climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of $43.1 billion in 2018
Investments
2019, June, 13, 16:10:00
U.S.: THE PLACE FOR INVESTMENT
we adopted a number of policies to make the United States a more attractive place to invest, including these: Reducing the corporate tax rate from 35 percent to 21 percent, and cutting rates for small businesses. Moving the United States from a worldwide system of taxation to a territorial system. And allowing for immediate expensing of capital equipment.
Investments
2019, June, 11, 10:00:00
GAZPROM, OMV DEAL $1 BLN
The document sets the price of the deal during which OMV will obtain a 24.98 per cent stake in the project for developing Blocks 4A and 5A in the Achimov formations of the Urengoyskoye field at EUR 905 million (USD 1.02 billion at the cross rate of the Central Bank of the Russian Federation as of June 7, 2019). The parties plan to enter into the final agreement on the deal before the end of 2019.
Investments
2019, June, 11, 09:55:00
NOVATEK, CNPC AGREEMENT
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that it has signed the Share Purchase Agreement (“Agreement”) with wholly owned subsidiary of China National Petroleum Corporation (“CNPC”) in relation to the sale of a 10% participation interest in the Arctic LNG 2 project.
Investments
2019, June, 11, 09:50:00
NOVATEK, CNOOC AGREEMENT
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that it has signed the Share Purchase Agreement (“Agreement”) with CNOOC Ltd. (“CNOOC”) in relation to the sale of a 10% participation interest in the Arctic LNG 2 project.
Investments
2019, June, 11, 09:40:00
SAIPEM LNG FOR MOZAMBIQE $6 BLN
Saipem, in joint venture with McDermott International and Chiyoda Corporation, has reached agreement with Area 1 concessionaires on an EPC contract to engineer and construct an onshore LNG project in Mozambique.
Investments
2019, June, 6, 15:20:00
RUSSIA, CHINA ENERGY LINKS
Over the last decade Russia and China have significantly increased their energy links, with Russia ramping up supplies of crude and gas, and attracting Chinese investment into major new energy projects.
Investments
2019, June, 4, 15:05:00
BP SELLS EGYPT
BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company. Under the terms of the agreement, Dragon Oil will purchase producing and exploration concessions, including BP’s interest in the Gulf of Suez Petroleum Company (GUPCO).
Investments
2019, May, 30, 18:05:00
HIGH COSTS OF CORRUPTION
The costs of corruption run deep. Your taxpayer dollars are lost in different ways, siphoned off from schools, roads, and hospitals to line the pockets of people up to no good.
Investments
2019, May, 30, 18:00:00
NUCLEAR POWER INCREASING
During a panel discussion at the Breakthroughs: Flexible Nuclear Energy Systems in a Clean Energy World side event during CEM10, Rising said: "Action is needed to expand the share of nuclear generation in the clean energy future. We will need much more nuclear energy if we are to deliver on environmental, economic and sustainable development objectives."
Investments
2019, May, 30, 17:45:00
BRAZIL'S OIL UP
Brazil has seen its exports of crude grow from 734,000 b/d in 2015 to 1.3 million b/d in Q1 of this year. In contrast, Mexico, which was once a powerhouse of oil production, has maintained its export status only through curtailment of domestic refining, not increased crude oil output.
Investments
2019, May, 29, 11:15:00
NUCLEAR POWER IS IMPORTANT
“Without an important contribution from nuclear power, the global energy transition will be that much harder,” said Dr Fatih Birol, the IEA’s Executive Director. “Alongside renewables, energy efficiency and other innovative technologies, nuclear can make a significant contribution to achieving sustainable energy goals and enhancing energy security.
Investments
2019, May, 29, 11:10:00
U.S. SHALE PROBLEM
Despite the classic “wildcatting” image of plucky entrepreneurs trying their luck, smaller, independent drillers are losing access to capital
Investments
2019, May, 29, 11:00:00
NORWAY'S OIL INVESTMENT UP
Investments are now seen at a four-year high of 183.7 billion Norwegian crowns ($21.11 billion) in 2019, up from the 172.7 billion crowns seen in February, according to SSB, which collects the data from oil firms.
Investments
2019, May, 29, 10:30:00
PHILIPPINES RENEWABLE UP
In a market outlook report focused on the Philippines, analytics firm GlobalData said installed capacity was cued for an 11.2-percent compound annual growth rate (CAGR) from 2019 to 2030.