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2016-05-19 20:00:00

MAJORS GREEN INVESTMENTS: 2.5 BLN

MAJORS GREEN INVESTMENTS: 2.5 BLN

Europe's biggest oil companies, reeling from losing billions in the two-year oil market rout, are intensifying their push into renewable energy as they hunt for new sources of future revenue.

Shell, Eni, Total and Statoil have announced green energy investments with a combined value of around $2.5 billion in recent weeks in a bid to diversify away from their core oil and gas markets.

French oil major Total, which has said it wants to become a "leader" in renewables and electricity storage within the next 20 years, has so far…

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Tags: SHELL, ENI, TOTAL, STATOIL, INVESTMENT, ENERGY, GREEN, RENEWABLE
Chronicle:
MAJORS GREEN INVESTMENTS: 2.5 BLN
2019, June, 20, 17:20:00
NORWAY'S PRODUCTION 1.6 MBD
Preliminary production figures for May 2019 show an average daily production of 1 599 000 barrels of oil, NGL and condensate, which is a decrease of 120 000 barrels per day compared to April.
MAJORS GREEN INVESTMENTS: 2.5 BLN
2019, June, 20, 17:15:00
U.S. FEDERAL FUNDS RATE 2.25 - 2.5%
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.
MAJORS GREEN INVESTMENTS: 2.5 BLN
2019, June, 19, 11:30:00
OIL PRICE: NOT ABOVE $63
Brent crude futures were up 20 cents, or 0.3%, at $62.34 a barrel by 0644 GMT. U.S. West Texas Intermediate crude gained 20 cents, or 0.4%, to $54.10 a barrel.
MAJORS GREEN INVESTMENTS: 2.5 BLN
2019, June, 19, 11:05:00
ANADARKO, MOZAMBIQUE LNG
Anadarko Petroleum Corporation (NYSE: APC) and the co-venturers in Mozambique's Offshore Area 1, announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project. This official declaration of FID confirms the Area 1 Plan of Development is now effective with notice provided to the Government of Mozambique that all conditions precedent have been fulfilled, and the project can now advance to the construction phase.
MAJORS GREEN INVESTMENTS: 2.5 BLN
2019, June, 19, 11:00:00
6 UNDERVALUED ENERGY STOCKS ANEW
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
MAJORS GREEN INVESTMENTS: 2.5 BLN
2019, June, 18, 17:50:00
OIL PRICE: NOT ABOVE $62 YET
Brent crude futures were trading 18 cents down at $60.76 a barrel by 1203 GMT. U.S. West Texas Intermediate crude futures lost 3 cents to $51.90.
MAJORS GREEN INVESTMENTS: 2.5 BLN
2019, June, 18, 17:40:00
IRAN, RUSSIA ENERGY COOPERATION
Iran and Russia have signed a Memorandum of Understanding on oil and gas cooperation which will bolster the two countries’ energy relations.
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