Post Tagged with: "invest"

Source: Reuters

Netherlands’ $900 billion pension funds ready to invest big in renewables

Oil Price


The Netherlands’ five largest pension funds have said they are willing to invest billions in the country’s renewable energy sector and the electricity grid. The funds, with a combined 900 billion euros ($975 billion) in assets, have offered …

Source: Oil Price

Elliott prepares over $1 billion to invest in metals mining assets

Oil Price


Elliott Investment Management is preparing to roll out a new company with an at least $1 billion war chest to invest in metals mining assets around the world, to take advantage of the energy transition and the currently …

Source: Reuters

Colombia’s Ecopetrol to invest up to $6.7 bln in 2024

Nasdaq


BOGOTA – Colombia’s state-run oil company Ecopetrol ECO.CN will invest between $5.7 billion and $6.7 billion and produce up to 730,000 barrels per day equivalent (boepd) in 2024, it said in a statement.

A majority of that spending, about …

Source: CNBC

Google and Chevron invest in nuclear fusion startup that’s raised $1.2 billion

CNBC


Google and Chevron are part of a $250 million funding raise announced Tuesday for TAE Technologies, a nuclear fusion startup with an unconventional strategy that has now raised a total of $1.2 billion.

Nuclear fusion is often referred …

Source: Reuters

Shell to invest up to 25 bln pounds in UK’s energy sector

Nasdaq


March 24 – Shell SHEL.L will invest up to 25 billion pounds ($33 billion)into the energy system in Britain over the next decade, a senior executive at the oil major said, and over 75% of which will be funnelled …

March 24, 2022 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Europe, Finance
Pioneer Natural Resources on a Permian Tear: 224 Wells Drilled in 2017, 20 Rigs Operating in 2018

Pioneer Natural Resources on a Permian Tear: 224 Wells Drilled in 2017, 20 Rigs Operating in 2018

250-275 gross wells expected to be on production in the Permian Basin in 2018

$2.6 billion 2018 Permian-focused CapEx

Pioneer Natural Resources (ticker: PXD) placed 64 horizontal wells on production in the fourth quarter of 2017. In the Permian, 43 …