A Russian investment fund, Republic of Tatarstan and Wermuth Asset Management plan, is to set up a 200 million euro clean technology fund that aims to help the heavy oil producing region to manage industrial waste and boost energy efficiency, according to a report by Reuters. The fund says that it is targeting companies, which produce waste to energy technology, biodiesel fuel and nano fracking technologies that would be used to raise the oil recovery levels on the region's largely depleted fields.
