Tag: financing
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Indonesia’s Pertamina secures financing to develop a refinery that produces environmentally friendly fuel
Indonesia’s Pertamina has secured financing for the development of the Balikpapan refinery, with the aim of increasing its production and carrying out upgrades that will expand the production of environmentally friendly fuel that respects emissions standards. The company continues to implement a plan it announced in 2015, which aims to double processing capacity, by an…
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Oil and gas projects in Africa attract $16 billion in bank financing
The pace of implementation of oil and gas projects in Africa is accelerating in light of the growing demand for the two vital commodities. This prompted the governments of the countries of the continent to raise investment spending related to exploration and excavation activities. Indeed, entities outside the fossil fuel industry have begun directing their…
