LAGOS, Aug. 12 (Xinhua) -- Chinese banks have made commitments to offer financial support for oil and gas investments in Nigeria, a top Nigerian official has said. Maikanti Baru, the Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC) said this in Abuja, the nati...
” which was popularized in the 1970s amid rising oil prices. Reserve-based lending provides E&P companies with revolving credit facilities that are sized by the net present value of a portfolio of producing assets. Typically, only assets actively producing oil and gas are classified as eligible...
The United Arab Emirates (UAE) is a country flush with fossil fuels, so why does its government want nuclear power to form the backbone of its electricity supply? POWER interviewed Emirates Nuclear Energy Corp. CEO Mohamed Al Hammadi to find the answer and to learn more about the world's ...
Investment Policy The Fund seeks to replicate the performance of an index derived from the oil and gas exploration segment of a U.S. total market composite index. The Fund uses a passive management strategy designed to track the total return performance of the S&P Oil & Gas Exploration & Prod...
WRC provides select investors the ability to invest in proved oil and gas assets through limited liability companies yielding superior returns. WRC managed investment companies currently own producing oil and gas properties in 13 states.
Credit Suisse appointed Tim Perry as global co-head of oil and gas investment banking within the banking and capital markets division. Perry will partner with Osmar Abib, who has led the group since 2011. Previously, Perry was co-head of the oil and gas group in the Americas region, having...
Among the UK banks, Lloyds stepped away from direct finance for new oil and gas projects last month, although it is not a major industry player. Jeanne Martin, head of the banking programme at the responsible investment charity Share Action, said: “If the bank’s executives don’t step up...
“This is rewiring the way we make financing and investment decisions from here on in,” Group Chief Sustainability Officer Celine Herweijer said of HSBC’s 2030 targets. HSBC is a major lender to corporate clients across Asia and some of the world’s biggest oil and gas companies, and i...
WRC provides select investors the ability to invest in proved oil and gas assets through limited liability companies yielding superior returns. WRC managed investment companies currently own producing oil and gas properties in 13 states.
James Chester, content director and co-founder Africa Oil and Power, said availability of finance is critical to boost the oil and gas sector that badly needs foreign capital to support South Sudan's economic recovery. "Finance is a major theme because local businesses cannot grow without it, ...