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Investments

UAE HYDROGEN ENERGY
2019, February, 6, 10:10:00
UAE HYDROGEN ENERGY
KHALEEJ TIMES - "Dewa, Expo 2020 Dubai and Siemens are working together to help realise His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai's, vision to identify new energy resources and provide sustainable power as part of a balanced approach that prioritises the environment. Our aim is to make Dubai a model of energy efficiency and safety," said Sheikh Ahmed.
Investments
2019, January, 30, 10:55:00
OIL, GAS INVESTMENT DOWN
BLOOMBERG - Investment in oil and gas production collapsed by about $350 billion, or more than 40 percent, from 2014 to 2016 -- the sharpest contraction since the 1980s -- after crude fell from over $120 a barrel to less than $30, according to the International Energy Agency. The number of new projects approved in 2017 dwindled to the lowest in 70 years, the Paris-based agency said.
Investments
2019, January, 30, 10:50:00
LIBYA NEED INVESTMENT $60 BLN
PLATTS - Libya's state National Oil Corp. is targeting a $60 billion overhaul of its oil and gas sector as it strives to reach a pre-civil war output level of around 1.6 million b/d by the end of this year.
Investments
2019, January, 28, 10:25:00
OIL UNDER SIEGE
REUTERS - “There is no doubt - and there is a consensus coming here in various meetings in Davos - that our industry is literally under siege and the future of oil is at stake,” said Mohammed Barkindo, secretary-general of oil producer group OPEC.
Investments
2019, January, 28, 10:20:00
CHINA FOR VENEZUELA: $50 BLN
REUTERS - China has lent over $50 billion to Venezuela through oil-for-loan agreements over the past decade, securing energy supplies for its fast-growing economy.
Investments
2019, January, 28, 09:50:00
ENI, OMV, ADNOC: $5.8 BLN
REUTERS - Italy’s Eni and Austria’s OMV have agreed to pay a combined $5.8 billion to take a stake in Abu Dhabi National Oil Company’s (ADNOC) refining business and establish a new trading operation owned by the three partners.
Investments
2019, January, 25, 08:40:00
CHINA'S COAL, RENEWABLE INVESTMENT
POWERMAG - China continues to finance new coal plants in more than two dozen countries, even as the country has taken the lead in global renewable energy investment, according to a report from a U.S. group of energy analysts.
Investments
2019, January, 23, 11:05:00
SAUDI'S INVESTMENT FOR U.S.
REUTERS - Saudi Aramco, the world’s top oil producer, is looking to acquire natural gas assets in the United States and is willing to spend “billions of dollars” there as it aims to become a global gas player, the company’s CEO said on Tuesday.
Investments
2019, January, 21, 11:35:00
FLAT US E&P CAPEX
PLATTS - US onshore E&P capital investments in 2019 are likely to be flat to slightly down from last year, with international activity outside North America picking up slowly over the next several months, Schlumberger's top executive said.
Investments
2019, January, 21, 11:30:00
SAUDI ARABIA INVESTMENT $10 BLN
ENCA - Saudi Arabia's planning to build an oil refinery and a petrochemicals plant in South Africa. It's part of a $10-billion (R138-billion) investment in the country.
Investments
2019, January, 21, 11:15:00
EMIRATES RENEWABLE INVESTMENT AED4.4 BLN
ENA - Mohammed Saif Al Suwaidi, Director-General of ADFD, said, "The Abu Dhabi Fund for Development believes in the vital role the renewable energy sector plays in attaining the sustainable development goals in developing countries. This important sector stimulates economic growth, creates employment opportunities, drives innovation, supports the advancement of other key sectors, and optimises the use of natural resources – all crucial factors in improving people’s lives."
Investments
2019, January, 21, 11:00:00
TOTAL, SONATRACH INVESTMENT $1.4 BLN
PLATTS - The companies plan to invest around $1.4 billion for the project with Sonatrach and and Total sharing 51% and 49%, respectively.
Investments
2019, January, 14, 11:45:00
OIL NEED INVESTMENT
PLATTS - Oil prices averaging $70/b in 2018 underscore the need for more investment in new supply, UAE energy minister Suhail al-Mazrouei told delegates at the Atlantic Council's Global Energy Forum in Abu Dhabi on Saturday.
Investments
2019, January, 14, 11:20:00
SAUDI ARAMCO BONDS: $10 BLN
PLATTS - Saudi Arabia's state-owned oil giant Aramco will seek to sell around $10 billion in bonds to help fund the purchase of petrochemicals firm Sabic, Saudi energy minister Khalid al-Falih said Sunday.
Investments
2019, January, 14, 11:15:00
SAUDI'S INVESTMENT FOR PAKISTAN: $10 BLN
REUTERS - Saudi Arabia plans to set up a $10 billion oil refinery in Pakistan’s deepwater port of Gwadar, the Saudi energy minister said on Saturday, speaking at the Indian Ocean port that is being developed with the help of China.