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Opinion: Is Russia Plotting To Bring Down OPEC?

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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. In addition, mismanaged confrontation with the U.S.

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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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To increase and improve the sector, Estonia is not only spending heavily on RD&D for biomass-based energy, wind and solar power, but it is also pursuing solutions such as fuel cells and electrolyzers as well as computer-based energy management technologies for buildings, power storage and grid development.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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for example, has ended fuel subsidies, thereby essentially, increasing its budget revenues, while Saudi Arabia recently floated a $4-billion domestic bond offering to help finance its budget. Furthermore, several national oil companies, Venezuela’s among them, are building refineries with local partners in Asia, which will use their crude.