Abramovich invested in the production of shale oil in the United States
The billionaire Roman Abramovich's Ervington Investments fund acquired preferred shares of the American company Propell Technologies for $ 9,75 million, which is developing technology to increase oil and gas production from shale fields. This is stated in a press release posted on the Propell website. Funds received from ...
Abramovich invested in shale oil production in the United States
Ervington Investments, whose ultimate beneficiary is Russian billionaire Roman Abramovich, has invested $ 5 million in the American Propell Technologies Group. The company is developing a technology using plasma-impulse exposure to enhance the recovery of shale oil and gas fields. This is stated in ...