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Pertamina plans $25bn investment for upgrading Indonesian oil refineries

2015-07-03 01:00:00| Hydrocarbons Technology

Indonesian oil and natural gas firm Pertamina intends to invest $25bn to upgrade four main oil refineries in the country.

Tags: plans investment oil indonesian

 

Weekly Investment Analysts' Ratings Updates for Carrizo Oil & Gas

2015-05-19 07:31:02| Oil & Gas - Topix.net

They now have a $65.00 price target on the stock, up previously from $50.00. 5/12/2015 - Carrizo Oil & Gas had its "buy" rating reaffirmed by analysts at Canaccord Genuity.

Tags: ratings updates investment gas

 
 

Why Renewables Better Investment Than Cheap Oil Grow Global Economy

2015-05-12 17:13:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: With the price of oil plummeting in the last year, theres been much conversation about what that means for the future of fossil fuels as a source of energyand a source of the carbon emissions that drive climate change. Oil prices fell to less than half their previous high in the last six months of 2014, creating an unstable situation for every business and economy. The Global Commission on the Economy and Climate, which includes leaders in government, finance, business and economics, has issued...

Tags: global investment cheap oil

 

Abu Dhabi to boost oil production with $25bn investment in offshore fields

2015-04-22 01:00:00| Offshore Technology

Abu Dhabi is planning planning to invest $25bn over the next five years to increase oil production from its offshore fields.

Tags: production fields investment oil

 

Oil slide slashes first-quarter profit, not investment plans at Saudi's SABIC

2015-04-19 15:07:54| Chemicals - Topix.net

Saudi Basic Industries Corp faces heavy pressure on its profits due to cheap oil but will keep investing globally to boost capacity in key areas, its acting chief executive said on Sunday after the company reported a 39 plunge in first-quarter profit. SABIC 2010.SE, one of the world's largest petrochemicals groups and Saudi Arabia's biggest listed firm, said net profit sank to 3.93 billion riyals in the three months to March 31 from 6.44 billion riyals a year earlier.

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