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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

Green Car Congress

But a range of both advanced and emerging economies have recently announced energy strategies that include substantial roles for nuclear power as well as considerable financial incentives to invest in it. Government financing will remain necessary to mobilise new investment, not just for plants but also to develop the latest technologies.

Russia 458
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Ford and Sollers form new JV in Russia; letter of intent for $1.4B in long term financing

Green Car Congress

Ford Motor Company and Sollers OJSC have signed agreements to establish a 50-50-owned joint venture in Russia. Ford and Sollers also signed a Letter of Intent with Vnesheconombank (VEB), the Russian development bank, for long-term financing for Ford Sollers of 39 billion Russian roubles, or approximately $1.4

Russia 199
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Rusnano and I2BF invest $20M in Nesscap; production and research in Russia

Green Car Congress

Nesscap will use the proceeds from this financing for the establishment of a full-scale production facility for ultracapacitors and accompanying research center in the Russian Federation (US $15,000,000) and for the expansion of Nesscap’s current manufacturing and core R&D operations in Korea and for general corporate purposes (US $5,000,000).

Russia 186
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bp to exit its 19.75% shareholding in Rosneft

Green Car Congress

Russia’s attack on Ukraine is an act of aggression which is having tragic consequences across the region. bp has operated in Russia for over 30 years, working with brilliant Russian colleagues. Impact on reporting and finances. bp will also exit its other businesses with Rosneft within Russia. billion at year-end 2021.

Russia 186
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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

Green Car Congress

The first quote modifies a GEICO commercial describing a free-range chicken (If you’re a free range chicken, you roam free, that’s what you do), the second, the famous John Maynard Keynes quote about markets (The market can stay irrational longer than you can stay solvent), the third, another famous Keynes quote (In the long run, we’re all dead).

Oil 150
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Rosneft and ExxonMobil to develop tight oil reserves in Western Siberia and establish Arctic Research and Design Center for offshore developments

Green Car Congress

ExxonMobil will finance the geological studies and exploratory drilling. Development of these reservoirs will require a combination of state-of-the-art technologies, expertise in developing tight reservoirs, and appropriate fiscal terms, which the government of Russia started preparing this year. Drilling is scheduled to begin in 2013.

Oil 218
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Global aerospace study finds fuel costs continue as major airline concern

Green Car Congress

a leader in transportation finance. Leasing remains the most important form of financing: According to respondents, leasing remains the most important form of fleet financing. Business travelers remain the main source for revenue growth: Going forward, airlines expect revenue growth to come from a range of sources.

Global 199