Angola-based Sonangol has recently made it to the headlines for entering into an agreement with BP Plc, the London-headquartered oil & gas industry major, for working towards an FID (final investment decision) on the Platina field development in deep-water Block 18, offshore Angola. Reportedly, the …
Uniper, the global energy supply company, has reportedly entered into agreements with the Japanese shipping company Mitsui O.S.K. Lines to handle transport deliveries of liquefied natural gas (LNG) into Germany. Lately, there have been intense discussions about LNG in Germany, as the regional government aims …
Chevron, ExxonMobil, and ConocoPhillips had also expressed their interest to buy Endeavour, however, their interests have now waned. Shell is conducting negotiation talks to acquire the company for approximately $8 billion. Royal Dutch Shell plc. (Shell), a renowned British-Dutch oil & gas firm, is reportedly …
Japanese conglomerate Hitachi is reportedly in talks with the Swiss engineering group ABB to acquire its power grid division for about USD 7 billion for an initial 50% stake in the company. Reportedly, the two companies, which were previously in talks announced that they will …
Qatar Petroleum (QP), a state-owned petroleum company in Qatar, has reportedly announced that it is looking to invest $20 billion in the U.S. over the coming years. Saad al-Kaabi, seemingly holding the portfolio of energy of the leading liquefied natural gas (LNG) provider of the …
The Australian federal government has reportedly invested $51 million in a bid to reduce power bills for small businesses and households in Australia. As per authentic sources, an additional amount of $23 million will be injected into the AER (Australian Energy Regulator) over a five-year …
Chrysaor, a private equity-backed oil company has reportedly hired advisers before initiating talks to buy Chevron’s gas and oil fields of British North Sea for more than $2.5 billion, stated industry and banking sources. As per reliable sources, Chrysaor has signed up investment banks BMO …
According to the terms of the agreement, EDC would be providing electricity from the BacMan geothermal plant in Batangas The deal comes about a month after EDC signed a 2.7 MW power supply deal with Continental Temic Electronics Philippines The Energy Development Corporation (EDC), the …