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“European wind energy” decreased in 2010

According to the EWEA data presented last week, wind energy in Europe went down by 10 percent as compared to the last year. Investments in wind power diminished from 13 billion euros last year to 12.7 billion euros this year.

read more... 04/02/2011

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Ukrainian government to invest $25 billion.

Mykola Azarov, the Ukrainian Premier declared at a government meeting on Wednesday that Ukrainian government is planning to support strategic investments projects in the development of offshore oil and gas fields, aircraft building, high technology development, etc.

read more... 27/01/2011

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Shell to give up about 20 % of its stake in CSPC to gain 30 % stake of CNOOC Refinery

The reporters from China Daily newspaper announced on Tuesday that the oil giant, Royal Dutch Shell is negotiating to acquire a 30 % stake in a refining project. The project belongs to China National Offshore Oil Corporation (CNOOC) and requires about $ 7.5 billion of investments.

read more... 14/01/2011

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GE Energy Financial reached renewable target.

GE’s unit, GE Energy Financial Services, realized its proposed objective of building a $6 billion portfolio of renewable energy investments by the end of 2010.

read more... 13/12/2010

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China National Petroleum Corp in a multi-billion project in Cuba.

State-owned Chinese company, China National Petroleum Corp (CNPC) plans big investments in 2011, intending to build a refinery, a LNG terminal and an electricity generation plant worth a total of $6 billion, which is supposed to be one of the biggest projects in Cuba.

read more... 24/11/2010

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