Shell to invest in the Brazilian project in the nearest future

Shell to invest in the Brazilian project in the nearest future

14.11.2016 News

The Royal Dutch Shell declared their intention to invest about $10 billion in the development of the Brazilian business. The project has been calculated for 5 years. The annual volume of investment will reach 2 billion dollars. The representative office of Shell in the territory of South America includes network of the “5500 gas stations”companies. After contract signature about cooperation with the British oil holding BG Group, the asset portfolio of Royal Dutch Shell in Brazil has increased. In January 2016 83% of Shell company shares approved the merger agreement with BG Group as it has LDaily pages already had reported on it pages earlier. The price of the signed contract has constituted 70 billion dollars.

From the 2013 year, the European oil producer has been also an owner of 20% of shares in the Libra project: development of the oil deep-water field at the coast of Rio de Janeiro. Let’s remind that against the background of the Royal Dutch Shell shareholders request for oil on extraction in this region, serious scandal happened with the Brazilian producer Petrobras, which owners applied for a monetary share block within the project ran high: 30% of shares.The cost of legal services in the audit of an object costs much fewer than the cost of investments.

Read also: The Shell government approved the transaction about the merge with BG Group for $70 billion.

Other articles

  • The rate of bitcoin has approached 40 thousand dollars
    News

    The rate of bitcoin has approached 40 thousand dollars

    During the trading session on Monday, July 26, bitcoin accelerated growth and traded at $ 39,177 thousand (+ 10.58%). This is evidenced by data from the portal Coindesk. After that, the cryptocurrency rate slowed down and was at $ 38,939 thousand (+ 9.91%), after which it began to move further. Last night the rate of […]

  • Uber buys Transplace, a logistics technology company, for $ 2.25 billion
    News

    Uber buys Transplace, a logistics technology company, for $ 2.25 billion

    Uber has announced an agreement with TPG Capital to acquire Transplace, which provides the widest portfolio of technology services and solutions in the logistics and transportation industry. The estimated amount of the deal is a considerable $ 2.25 billion, but about $ 750 million Uber will pay in the form of its own shares, and […]

  • Shares of Twitter rose after the announcement of 74% revenue growth
    News

    Shares of Twitter rose after the announcement of 74% revenue growth

    Shares of Twitter, which rose 28.5% since the beginning of 2021 and 88.3% over the past 12 months, rose sharply by 5% after the publication of quarterly results above analysts’ forecasts. Twitter reported sharp revenue growth of 74% to $ 1.19 billion from a forecast of $ 1.06 billion. The company’s revenue growth in the […]

  • Ukraine creates conditions for the development of hydrogen electric transport
    News

    Ukraine creates conditions for the development of hydrogen electric transport

    The Ministry of Infrastructure has developed a draft order that will allow Ukraine to establish production of hydrogen-powered cars. This was reported on the website of the ministry. It is noted that today in Ukraine there are no requirements for hydrogen transport. These are electric vehicles on hydrogen fuel cells. They run on compressed hydrogen. […]

  • PrivatBank warned about a new fraud
    News

    PrivatBank warned about a new fraud

    PrivatBank warns users about a new fraud scheme that uses a fake website and at the same time the bank’s logo. This was reported by the press service of the Bank. It is noted that the Bank’s security service found the site p-invest.site, which was registered by unknown individuals in the United States and which […]

  • The Rada assessed the scale of corruption in Ukrzaliznytsia
    News

    The Rada assessed the scale of corruption in Ukrzaliznytsia

    In 2020, corruption caused JSC Ukrzaliznytsia 8 billion hryvnias in losses. The head of the Temporary Investigation Commission of the Verkhovna Rada on UZ Yulia Hryshyna with reference to NABU data announced this. “NABU has carried out significant analytical work on Ukrzaliznytsia’s procurement. Detectives estimated Ukrzaliznytsia’s losses from corruption in procurement at UAH 8 billion […]

  • Shmygal announced an area for investment of 10 billion euros
    News

    Shmygal announced an area for investment of 10 billion euros

    The development of critical materials could attract billions of euros in investment in Ukraine, according to Prime Minister Denis Shmygal. He said this at a summit conference on the strategic partnership between Ukraine and the EU on critical raw materials and batteries. “Ukraine creates conditions for attracting investors. The current rules of access to subsoil […]

  • About 2,500 Boeing 737s will be tested for malfunction
    News

    About 2,500 Boeing 737s will be tested for malfunction

    The US Federal Aviation Administration (FAA) has ordered the state airline to inspect about 2,500 Boeing 737 aircraft for defective relays and cabin pressure drops. “An undetected failure of both relays could slow the crew’s detection of insufficient cabin pressure and result in the crew losing their ability to work due to hypoxia and, as […]

Read also

Shell to invest in the Brazilian project in the nearest future
News

The EBRD has named projects in Ukraine in which they intend to invest money

The European Bank for Reconstruction and Development (EBRD) intends to invest in a number of important projects in Ukraine, including the modernization of transport infrastructure and the energy sector. This was discussed during a meeting between Finance Minister Serhiy Marchenko and EBRD President Odile Reno-Basso, the press service of the Ministry of Finance reports. Odile […]

Next
Shell to invest in the Brazilian project in the nearest future
News

Polish gas company PGNiG has appointed a new chairman

The Polish oil and gas company PGNiG has appointed Pavlo Majewski chairman of the board. The previous chairman, Jerzy Kwieciński, worked for less than a year. “The company’s supervisory board has decided to appoint Pavlo Majewski as the chairman of the board of PGNiG from November 12, 2020 for a term until January 10, 2023”. […]

Next
Shell to invest in the Brazilian project in the nearest future
News

Siemens buys Mentor Graphics in the closest time

The German Siemens AG corporation reported about the acquisition of the American producer Mentor Graphics. The transaction is estimated at $4,5 billion: the price of one share constitutes $37,25. Mentor Graphics main activities are: designing of cable systems, printed circuit boards, functional verification, development of the built-in software etc. The company merger is directed, first […]

Next
Shell to invest in the Brazilian project in the nearest future
News

One of the largest coffee producers is going to pay 122 million hryvnia dividends

PJSC “Jacobs Ukraine” (Trostyanets, Sumy region) is going to pay shareholders dividends of 121.87 million hryvnia in the period from 22 August to 23 December 2016. According to the company’s data in the information disclosure system of the National Commission on Securities and Stock Market, the decision has been taken by the general meeting of […]

Next
Shell to invest in the Brazilian project in the nearest future
News

Halliburton’s net loss in January-September was $ 2.7 billion

The net loss of the American oil service company Halliburton Inc., attributable to the main company, in January-September amounted to 2.71 billion dollars against the profit of 522 million a year earlier, according to the company reports. Halliburton’s diluted loss per share in the reporting period was $ 3.08 against earnings of $ 0.6 a […]

Next
Shell to invest in the Brazilian project in the nearest future
News

Swiss Luxoft will own the Ukrainian IT-company IntroPro

International company Luxoft (the headquarters – Zug), which develops software and is engaged in the export of IT – services, announced its intentions to buy leading IT – company from Ukraine – IntroPro LLC. It is reported by Ukrainian source Inventure. With regard to the financial terms of the deal – its nuances were not […]

Next
Shell to invest in the Brazilian project in the nearest future
News

The US and the EU will end the trade dispute between Boeing and Airbus

Authorities in the United States and the European Union have agreed to end a long-running trade dispute over the aerospace concerns Boeing and Airbus, which has resulted in mutual tariffs of more than $ 10 billion, said Catherine Ty, the US representative at the trade talks. “The US-EU agreement marks significant progress in reaching a […]

Next
Shell to invest in the Brazilian project in the nearest future
News

Ukrainian tutor search service Preply enters the Brazilian market

Internet service Preply, that was designed for searching of local and online tutors, announced the release to the Brazilian market. For this purpose, the company made a localization to Portuguese, implemented the accepting of payments in reais, and hired a Brazilian student Lucia in Kiev office. Her responsibilities will include support for tutors in the […]

Next
Shell to invest in the Brazilian project in the nearest future
News

The Milk producer “Milkiland” expands its business

The “Milkiland” dairy group with assets in Ukraine, Russia and Poland completed the registration of one Polish and two Panamanian subsidiary trading companies in the first quarter 2016. According to the report of the group on the site of the Warsaw Stock Exchange, in Poland was registered UA TRADE Sp.zo.o., in Panama – Newholm Systems […]

Next
Shell to invest in the Brazilian project in the nearest future
News

Ukrainian investor put in dead storage the plant in the EU

The Ukrainian “KVV group” put in dead storage its  Liepajas KVV metalurgs plant in Latvia because of the crisis in the steel industry and the failure of the negotiations with the Latvian government. “The management  of the ” KVV group”  forced to take this decision in view of the continuing long-term negative factors, that impede […]

Next
Shell to invest in the Brazilian project in the nearest future
News

Saudi Aramco may sell stake in pipeline assets for $ 10-15 billion

Saudi Arabian State Oil Company Saudi Arabian Oil Co. (Saudi Aramco) is negotiating the sale of up to 49% of its pipeline assets to a consortium of American, Chinese and local investors, writes The Wall Street Journal, citing informed sources. According to sources, the amount of the transaction could range from $ 10 billion to […]

Next
Shell to invest in the Brazilian project in the nearest future
News

The financial group VTB will sell BM Bank

Press service of the international financial group VTB-Ukraine has confirmed the information about the planned sale of BM Bank. According to the official statement of the company, approval of decisions on the operation are going to realize till the 1 of March 2017 year. It is also worth noting that potential investors have already received […]

Next
Shell to invest in the Brazilian project in the nearest future
News

Pharmaceutical company Bristol will buy MyoKardia for $ 13.1 billion

The American pharmaceutical company Bristol-Myers Squibb announced that it will buy biotech MyoKardia for $ 13.1 billion. Quotes of the MyoKardia at the previous trading increased by 59%. Bristol will pay $ 225 for each share of the MyoKardia, corresponding to 61% premium to the value of the company’s securities at the close of trading […]

Next
Shell to invest in the Brazilian project in the nearest future
News

Gasoline went up quietly

Already in the first days of 2017 tariffs on gasoline and diesel fuel have risen slightly. Such data are provided by leading Ukrainian company Consulting Group A-95, which conducts professional study of the market of petroleum products. Prices for gasoline and diesel fuel rose within 1.6%, and liquefied petroleum gas, on the other hand, fell […]

Next
Shell to invest in the Brazilian project in the nearest future
News

Alphabet has taken $10 billion in the bond market at a record low interest rate

On August 3, Alphabet issued bonds worth $10 billion. This is the largest issue of debt securities in the history of the company, according to the Reuters. With $ 10 billion bond tranche allocated $ 1 billion with a maturity of 5 years and a coupon of 0.45%. The $4.5 billion tranches with maturities of […]

Next
Shell to invest in the Brazilian project in the nearest future
News

For the first time in the world there were more than 20 million millionaires

The total wealth of all dollar millionaires in the world in 2020 increased by 7.6% and amounted to $ 79.6 trillion. The international consulting company Capgemini SA in the annual World Wealth Report reported this. At the same time, the number of wealthy people (high-net-worth individual, HNWI) increased by 6.3% to 20.8 million people. The […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com