Asset Management
The sale for $1.8 billion of Solenergi Power, the holding company for Sprng, which develops and operates solar and wind projects across India, follows other realignment actions by the supermajor.
The deal is the largest acquisition in Mitsubishi Corp.'s history and adds one of North America's leading shale gas assets to its portfolio.
The deepwater infill project is Esso Nigeria's first drilling campaign in a decade and is expected to boost Usan's production by up to 40,000 B/D.
-
As operators feel the pinch of low oil prices, so, too, do their service providers. -
The JV continues KBR’s work history in Kazakhstan. The company has worked on various projects in the country since 1993.
-
In a survey of 448 workers across the oil and gas industry, UH Energy asked key questions about returning to work during the global pandemic.
-
Centennial said in its 10-Q report for Q1 that the economic downturn increased the likelihood that the transaction would fail to close by its original timeline.
-
Houston-based Occidental had earmarked the money to ease debt from buying Anadarko.
-
Neptune must pay Energean a break-up fee of $5 million for cancelling what was to be a $250 million deal.
-
The recent increase in global liquid fuel inventory has been largely driven by travel restrictions, and reduced economic activity. Supply is expected come back down as demand and prices recover.
-
GlassPoint Solar was founded in 2008 to replace the use of natural gas for steamflooding heavy-oil reservoirs. But amid low energy prices, its chief investor has decided to pull the plug for good.
-
Middle East could lose 15% of ethane-based ethylene supply in 2020 because of oil supply dynamics.
-
An investment decision this year would sanction Norway’s first CO2 storage project. Phase 1 is expected to be operational in 2024.
