Sonangol and BP team up to develop the Platina field offshore Angola
Angola-based Sonangol has recently made it to the headlines for entering into an agreement with…
Uniper inks LNG transportation agreement with Mitsui OSK Lines
Uniper, the global energy supply company, has reportedly entered into agreements with the Japanese shipping…
Shell in talks to buy Endeavor Energy as the company price tag drops
Chevron, ExxonMobil, and ConocoPhillips had also expressed their interest to buy Endeavour, however, their interests…
Hitachi to buy ABB’s power grid business in an estimated $7 bn deal
Japanese conglomerate Hitachi is reportedly in talks with the Swiss engineering group ABB to acquire…
QP commits to investing $20 billion toward expanding reach in the U.S.
Qatar Petroleum (QP), a state-owned petroleum company in Qatar, has reportedly announced that it is…
Australian Govt. to inject $51m to lower power bills for households
The Australian federal government has reportedly invested $51 million in a bid to reduce power…
Chrysaor to purchase California-based Chevron’s North Sea assets
Chrysaor, a private equity-backed oil company has reportedly hired advisers before initiating talks to buy…
EDC inks 2-year-long 2.5 MW PPA with Citizen Machineries Philippines
According to the terms of the agreement, EDC would be providing electricity from the BacMan…