Contribution By Paroma Bhattacharya
April 19, 2019
Oil and gas corporation Exxon Mobil has apparently made it to the headlines for having increased its holdings in Argentina. As per authentic reports, the company’s arm, ExxonMobil Argentina Offshore Investments, alongside a partner of Qatar Petroleum, has been awarded three exploration blocks in Argentina’s …
Concho, Frontier Midstream team up for joint venture in Permian Basin
April 17, 2019
The new venture will build and offer crude oil gathering, storage and transportation services in the Northern Midland Basin Concho Resources Inc. and Frontier Midstream Solutions IV, LLC have reportedly announced an agreement for creating Beta Crude Connector, LLC, in which both the companies will …
Petronas acquires Amplus Energy, forays into clean energy space
April 16, 2019
The acquisition is the first international solar venture of Petronas It marks the foray of Malaysian oil giant into the global clean energy industry Malaysian state-owned oil and gas company Petronas has reportedly announced that it has acquired one of India’s largest rooftop solar power …
Keppel imports its first LNG cargo shipment from North America
April 15, 2019
Keppel Gas imported a 160,000-cubic meter spot cargo from an LNG liquefaction facility in North America for the first time The cargo will be re-gasified as feedstock for downstream end users and consumers over 30 days Keppel Infrastructure Holdings’, the wholly-owned firm of Keppel Gas, …
NTPC & ReNew Power to soon make bids for PTC India’s wind power assets
April 13, 2019
Both energy companies are expected to soon submit their binding bids for the acquisition of PTC’s wind power assets. The proposed sale, being handled by KPMG’s investment banking unit, is expected to fetch an estimated INR 2,000 crore valuation. NTPC Limited (NTPC), a New Delhi-based …
NTPC & ReNew Power to soon make bids for PTC India’s wind power assets
April 13, 2019
Both energy companies are expected to soon submit their binding bids for the acquisition of PTC’s wind power assets. The proposed sale, being handled by KPMG’s investment banking unit, is expected to fetch an estimated INR 2,000 crore valuation. NTPC Limited (NTPC), a New Delhi-based …
China Energy Investment & EDF Group ink deal for offshore wind power
April 12, 2019
Electricite de France Group (EDF Group) and China Energy Investment have reportedly inked a deal to collectively develop an offshore wind power project in eastern Jiangsu province of China. As per trusted sources, the offshore wind power project is the first-of-its-kind having both domestic and …
Adani Power receives letter of intent to acquire Korba West Power
April 9, 2019
The shares of Adani Power were trading 0.80 percent higher at INR 50.15 on BSE. Adani Power announced that it has secured the letter of intent to take over debt-ridden Korba West Power Company Limited (KWPCL). According to ET Energyworld, KWPCL was going through an …