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Russia saw its revenues from oil and gas for the budget crash by 33.7% For June, total budget revenues from oil and gas dipped to $6.3 billion Russian rubles), according to data from Russia’s finance ministry published on Thursday. For June, total budget revenues from oil and gas dipped to $6.3 billion (494.8
Kansas regulators have given Evergy the go-ahead to raise the utility's rates to help finance construction of two new natural gas-fired power plants, along with a utility-scale solar power project, in the state. The post Kansas Regulators Back Plan for Two New Gas-Fired Plants, Along With Solar Farm appeared first on POWER Magazine.
Under pressure to increase payouts to Saudi Arabia, the Kingdom’s state oil giant Aramco is considering selling up to five gas-fired power plants in deals that could raise some $4 billion, sources familiar with the plans told Reuters on Friday.
Azerbaijani leader Ilham Aliyev wants the European Union to ease regulatory hurdles and improve financing conditions to enable an expansion of natural gas exports. But recently published data raises doubts about whether Azerbaijan can meet a commitment of exporting 20 billion cubic meters (bcm) of gas annually to the EU by 2027.
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Pemex liquida Pemex Finance en Islas Caimán y acelera el cierre de filiales para reducir costos, mejorar eficiencia y cumplir la nueva política energética estatal.
Russia is expected to see its oil and gas revenues for April slump by 22% from a year ago, amid lower oil prices and a stronger local currency, according to Reuters calculations. Official data from Russias finance ministry is expected on May 7. In March, Russian revenues from oil and gas plunged by 17% from
Russian revenues from oil and gas plunged by 17% in March from a year earlier, according to data from Russias finance ministry. Oil and gas revenues for the Kremlin fell to $13.1 billion (1.1 trillion Russian rubles) last month, while revenues for the first quarter dipped by nearly 10% on the year to $31.4 billion (2.64
Russia saw its budget revenues from oil and gas drop by 12% in April from a year earlier, due to the oil price rout last month, the Russian finance ministry said on Wednesday. Oil and gas revenues for the Kremlin dipped to $13.45 Oil and gas revenues for the Kremlin dipped to $13.45 billion (1.09 billion (1.23 billion (1.09
The Methane Finance Working Group released guidance to 'deliver and deploy market-tested finance mechanisms that facilitate decarbonization across the oil and gas sector'.
Namibia, one of the latest exploration hotspots in the world, is weighing potential further incentives and financing options to offer to international majors preparing plans for oil production offshore the African country.
The financing was led by Vision Ridge Partners with participation by Fontinalis Partners and existing investors. The post Highland Electric Secures Financing to Expand Electric Bus Solutions appeared first on NGT News. Highland says it reduces the complexity of going electric by providing customers […].
Besides repaying existing loans, the financing from Stonepeak will provide […] The post Clean Energy Fuels Receives Financing for RNG Infrastructure Expansion appeared first on NGT News. The credit agreement also provides for a two-year delayed draw term loan commitment of an additional $100 million.
said the company plans to apply for up to $900 million in loans from the state in order to finance construction of […] The post NRG Will Seek $900 Million in Loans to Build New Gas-Fired Power Plants appeared first on POWER Magazine. The interim CEO of Texas-based NRG Energy Inc.
The climate change hoaxers of the Environmental Defense Fund (EDF), along with other Big Green groups, are attempting another headfake of oil and gas companies and the financial institutions that help fund them.
Major German BESS Project Closes Financing. Energy transition bank NORD/LB announced it has closed an €87 million ($94 million) financing package with Nofar Energy for construction of a 104.5-MW/209-MWh MW/209-MWh The post POWER Digest [May 2025] appeared first on POWER Magazine.
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(World Oil) – Diversified Energy Company PLC, a leading publicly traded natural gas and liquids production company, and global investment firm Carlyle have today announced a strategic partnership to invest in up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the U.S.
Norwegian oil and gas operator DNO has entered into an offtake agreement with France’s Engie for its Norwegian gas production and secured a related offtake financing facility with a major U…
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Russia expects 24% lower revenues from oil and gas this year compared to earlier estimates, following the oil price crash that began in early April and sank the price of its flagship Urals crude close to the $50 per barrel mark. Russia now sees its oil and gas revenues at about $101.7 billion (8.32 billion (8.32 billion (10.9
As the upstream oil and gas sector faces mounting pressure from rising costs and dwindling Tier 1 inventory, the need for smarter, faster and more efficient development strategies has never been greater. ¹ Final Thoughts The energy sector may be slower to adopt AI than industries like media or finance, but the momentum is building.
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ChargePoint, an electric vehicle (EV) charging network, has closed $127 million in incremental equity financing. The post ChargePoint Closes on Equity Financing appeared first on NGT News.
An EU ban on transshipment of Russian liquefied gas (LNG) in ports introduced in June 2024, with a deferral granted until March 26, 2025, has finally come into force. The sanctions also prohibit EU countries from providing technical support, brokerage services, and financing for transshipment operations.
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Volta, a company that specializes in commerce-centric electric vehicle (EV) charging networks, says it has received oversubscribed Series D financing of $125 million. Goldman Sachs acted as exclusive placement agent to the company in connection with the financing.
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a Los Angeles-based manufacturer of fully electric commercial vehicles, has entered a partnership with DLL to provide financing for electric vehicles. DLL, a global asset finance partner focused on enabling businesses to more easily access equipment to help them grow, is a wholly-owned subsidiary of Rabobank Group. Xos Trucks Inc.,
Malcy talks to Robert Bose from Sintana Energy, a public oil and natural gas exploration company listed on the Toronto Venture Exchange. The post Core Finance CEO Interview: Robert Bose of Sintana Energy appeared first on Malcy's Blog.
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Touchstone Exploration are the largest independent onshore oil and gas producer in Trinidad. The post Core Finance CEO Interview: Paul Baay of Touchstone Exploration appeared first on Malcy's Blog. CEO Paul Baay joins Malcy to discuss recent developments such as the acquisition of the Central Block in Trinidad.
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