Remove Angola Remove Chinese Remove Financing Remove Parts
article thumbnail

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

They include bans on financing for and the supply of critical equipment and technology to important Russian energy projects. Novatek and its partners Total and Chinese National Petroleum Company still lack $15 billion of the $27 billion needed to finance the Yamal LNG plant. Wary of U.S.

Russia 150
article thumbnail

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

million barrels per day in 1H 2015, in part because as Russia's economy contracted, reducing domestic crude demand to 3.47 Canada, Mexico (foreign investment), and also Russia (Chinese investment), that will have the financial wherewithal to grow output to satisfy the 18 million barrel per day increase in demand that OPEC sees by 2040.