Fuel and energy

State-owned Saudi Aramco has quietly embarked on an upstream expansion project that could provide up to 1.5mn b/d of new capacity from five offshore fields. But the company has declined to release information on the projects, and start-up dates are unknown

On June 1, 2017, ASE Group of Companies and Nuclear Power Corporation of India Ltd. signed General framework agreement for construction of the third stage of Kudankulam nuclear power plant in Tamil Nadu state (India) and intergovernmental credit protocol necessary for implementation of the project

The Government of the Yaroslavl Region and the TATNEFT Company signed a Cooperation Intent Agreement.

Gazpromneft Bitumen Materials, operator of Gazprom Neft’s bitumens business, has become the first company in Russia to begin commercial production of a protective and remedial covering to preserve the integrity and extend the useful life of road coverings and airfield runways.

 

Yingli Green Energy Holding Company Limited today announced that the special committee of its Board of Directors has engaged Ernst & Young as its financial advisor and Simpson Thacher & Bartlett LLP and Commerce & Finance Law Offices as its legal advisors.

The Commission will investigate whether Transgaz has abused a dominant market position in breach of EU rules.

The document was signed by Nikolay Shulginov, Chairman of the Management Board – General Director of RusHydro, and Dmitry Konov, Chairman of the Management Board of SIBUR.