BRIC bank loans of $300 million will target Russian renewable energy projects in the Far East. The loans will finance projects in wind, solar, and small hydropower energy generation technologies. Russia is increasingly targeting its Far Eastern regions as it intensifies its strategic policy goals in Asia. Owned...
The following analysis of how this weekend's attacks against Saudi Arabia's largest oil facility will affect oilprices is offered by Chris Weafer, Senior Partner, Macro-Advisory Ltd., Moscow Though the Saudi attack spikes oilprices temporarily, it is unlikely to affect prices long term. The attacks against Saudi Arabia’s largest oil facility...
Weatherford International is headed to bankruptcy court to try to slash its crushing debt load. On Friday, the services company said it planned to file under Chapter 11, and announced that its senior creditors are expected to facilitate financing that will sustain operations during bankruptcy and afterward. The company’s statement on...
Indonesia has a project pipeline for 17GW of generation capacity designed to hit the targets identified by the Electricity Supply Business Plan (RUPTL), according to Dharma Djojonegoro, deputy CEO of Adaro Power. However, developing IPP projects in the past few years has been fraught with difficulties amidst policy changes, he...
Rosneft Deutschland GmbH, a Rosneft subsidiary, is engaged in direct marketing of all refined products produced by Rosneft Deutschland at three refineries in Germany where the company is a shareholder. The product range includes gasoline, diesel, heating oil, jet fuel, LPG, bitumen, fuel oil and petrochemical products. Rosneft Deutschland markets...
Helena Oil & Gas is looking to attract fresh investment to its oil projects in Texas by creating the Helena Security Token (HEST). The creation of HEST lets investors support an existing, active project in the oil and gas sector without having to pay many of the extensive administrative and...
