Kenya cancels Adani Group airport and energy projects after U.S. indictment

Pallavi Madhiraju- November 21, 2024

Kenya's President William Ruto has ordered the termination of major contracts with the Indian conglomerate Adani Group, citing concerns over ethical governance following the indictment ... Read More

How OMS Energy Technologies’ U.S. IPO could disrupt the global energy market

Pallavi Madhiraju- November 5, 2024

In a bold move set to reshape the global energy landscape, OMS Energy Technologies has filed for an initial public offering (IPO) with the U.S. ... Read More

NTPC double boost with IPO launch and Rs 20,000cr project approval – is it time to buy, sell, or hold?

Pallavi Madhiraju- September 20, 2024

State-owned power company NTPC has greenlit a massive Rs 20,922 crore investment in two key power projects while moving forward with an IPO launch for ... Read More

Saipem wins $4bn offshore EPC contract from QatarEnergy LNG for North Field production project

Pallavi Madhiraju- September 16, 2024

Saipem, a leading engineering and construction company, has been awarded a substantial offshore Engineering, Procurement, and Construction (EPC) contract by QatarEnergy LNG, valued at approximately ... Read More

Jefferies predicts 17% surge for Mahanagar Gas stock – what’s driving this bold forecast?

Pallavi Madhiraju- September 12, 2024

Investment bank Jefferies Financial Group has raised its target price for Mahanagar Gas Limited, forecasting a significant 17% upside potential for the stock. The revised ... Read More

SBM Offshore signs agreements with MISC Berhad to sell interests in floating production units

Pallavi Madhiraju- September 9, 2024

SBM Offshore, a global leader in floating production solutions for the oil and gas industry, has signed Share Purchase Agreements with Malaysian energy giant MISC ... Read More

SK Earthon grabs major offshore operatorship in Malaysia—What does this mean for Southeast Asia?

Pallavi Madhiraju- September 9, 2024

SK Earthon, a subsidiary of South Korea’s SK Innovation, has successfully secured the operatorship of the Ketapu Cluster, located off the coast of Sarawak, Malaysia. ... Read More

Coal India stock crashes 4% after August sales slump – Is it time to sell?

Pallavi Madhiraju- September 5, 2024

Shares of Coal India Limited (CIL), the state-owned coal mining company, fell by 4% on Wednesday, hitting a low of ₹500.70 on the Bombay Stock ... Read More

Hibiscus Petroleum acquires 30% stake in PM327 PSC block in Malaysia

Pallavi Madhiraju- August 26, 2024

Hibiscus Petroleum Berhad, through its indirect wholly-owned subsidiary Straits Hibiscus Sdn Bhd, has entered into an agreement to acquire a 30% Participating Interest in the ... Read More

Oando secures major foothold in Nigerian oil sector with $783m NAOC acquisition from Eni

Pallavi Madhiraju- August 24, 2024

Eni, the Italian multinational oil and gas giant, has officially concluded the sale of its Nigerian subsidiary, Nigerian Agip Oil Company (NAOC), to Oando PLC, ... Read More