ROSNEFT VS SANCTIONS
Rosneft Statement on the Inclusion of the Company's Subsidiaries in the Sectoral Sanction List of OFAC
Formal inclusion of some Rosneft subsidiaries in the list of entities that fall under sectoral sanctions is indicative of the ongoing illegitimate practice when the effects of political decisions are being extended to market players not influencing the decision-making.
The subsidiaries on the List are financially stable and have sufficient liquidity amount to service their debts, as well as to fulfill their contractual obligations.
Rosneft will continue to protect the interests of its shareholders by all legal means. The Company is creating an accounting system calculating losses from the application of illegitimate sanctions, without reflecting them on the Company balance. Subsequently, the amount of losses will be submitted for reimbursement in court.
|December, 14, 09:25:00|
|December, 14, 09:20:00|
|December, 14, 09:15:00|
|December, 14, 09:10:00|
|December, 14, 09:05:00|
|December, 14, 09:00:00|
PLATTS - Renewables' share in Germany's power mix is set to reach 38% this year, ahead of the government's 2020 target of 35% but below-trajectory for 2030's 65% target, utility lobby group BDEW said Thursday.
EBRD - the Bank will no longer finance thermal coal mining or coal-fired electricity generation. The Bank will also stop funding any upstream oil exploration, and will not finance upstream oil development projects except in rare and exceptional circumstances, where such investments reduce greenhouse gas emissions.
IMF - The Malaysian economy has shown resilience. Real GDP growth is projected at 4.7 percent for 2018, underpinned by domestic demand.
IMF - Bolivia's real GDP growth is projected at 4.5 percent in 2018, one of the highest rates in the region. Growth is supported by continued accommodative policies, a second economy-wide wage bonus, and strong agriculture output.