Tag: Investing

Exclusive: Rosneft seeks to tempt investing residences into Arctic oil project with provide offers

MOSCOW (Reuters) – Russian state oil key Rosneft is courting investments from world-wide investing homes to help produce one of the world’s greatest oil deposits, just after talks with other possible companions stalled next a collapse in oil rates, 4 resources told Reuters.

FILE Picture: The Rosneft logo is pictured on a safety helmet in Vung Tau, Vietnam April 27, 2018. REUTERS/Maxim Shemetov

Rosneft is in discussions with Vitol, Glencore and Gunvor, among the other folks, more than investments in its Vostok Oil task in the Arctic, acquiring presently secured a offer with Swiss-based Trafigura, which took a 10% stake at the conclude of previous year.

Buying and selling houses normally steer clear of investing instantly in output, but the Rosneft deal may possibly be beautiful as it could give them entry to a prolonged-time period big supply of supply for the developing Asian market

Accenture Appears to be like To Shake Up Tech Investing With Venture Highlight

World-wide alternative service provider Accenture on Monday unveiled Job Highlight, touting it as a way to invest in emerging technological know-how startups that can take gain of the company’s knowledge in dealing with purchaser difficulties to obtain potential investees and support them improve.

Project Highlight goes way beyond just investing in a tech startup, stated Tom Lounibos, world controlling director of Accenture Ventures.

“Spotlight’s intention is to have business people come in and have interaction with business people about the earth,” Lounibos instructed CRN. “Entrepreneurs have faith in business people.”

[Related: The Syndicate Group Helps VARs Get Equity, Relationships With Startups]

That target was expressed by an individual who himself is a serial entrepreneur. Lounibos had two previous businesses of his go to IPO, and offered 4 other folks to greater firms this sort of as IBM or Akamai. For the reason that of that encounter, he was introduced out