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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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The recently launched ENEFIT280 technology of the state-owned company Eesti Energia highlights Estonia’s achievements in reducing emissions and increasing efficiency for the oil shale industry, the IEA article says. There are also significant reserves in Jordan, Morocco, Sweden, Syria and Turkey.

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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.