Carlyle to acquire gas assets in Italy, Egypt, and Croatia from Energean

Pallavi Madhiraju- June 22, 2024 0

Global investment firm Carlyle (NASDAQ: CG) has entered into a definitive agreement to acquire a substantial portfolio of gas-weighted exploration and production (E&P) assets across ... Read More

bp to buy out Bunge’s stake in Bunge Bioenergia in $1.4bn deal

Pallavi Madhiraju- June 21, 2024 0

British multinational oil and gas company, bp plc, has agreed to acquire Bunge Ltd.'s 50% interest in their joint venture, bp Bunge Bioenergia S.A., for ... Read More

Shell acquires Pavilion Energy in strategic move in global LNG market

Pallavi Madhiraju- June 19, 2024 0

Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has agreed to acquire Pavilion Energy Pte. Ltd. from Carne Investments Pte. Ltd., an indirect ... Read More

Hitachi Energy to enhance Mediterranean electricity connectivity with HVDC technology

Pallavi Madhiraju- June 3, 2024 0

In a significant development for European energy infrastructure, Hitachi Energy has been selected by Terna, the Italian Transmission System Operator, and Électricité de France (EDF), ... Read More

Exceleron Software and PayGo Utilities merge to form Empower Grid Holdings with strategic investments

Pallavi Madhiraju- May 21, 2024 0

Exceleron Software and PayGo Utilities have announced their merger to create Empower Grid Holdings ("EGH"), a new powerhouse in the utility billing solutions sector. The ... Read More

Anglo American accelerates strategy to unlock significant value

Pallavi Madhiraju- May 15, 2024 0

Anglo American plc announces a comprehensive strategy to streamline its portfolio and enhance shareholder returns. The plan emphasizes a focus on world-class assets in copper, ... Read More

Mubadala Energy announces significant gas discovery offshore Indonesia

Pallavi Madhiraju- May 13, 2024 0

Mubadala Energy, the Abu Dhabi-headquartered international energy company, has made headlines with its latest gas discovery at the Tangkulo-1 exploration well, situated approximately 65 kilometers ... Read More

Australia’s future gas strategy paves the way for net zero by 2050

Pallavi Madhiraju- May 11, 2024 0

The Australian Government, under the guidance of Minister for Resources and Northern Australia Madeleine King, has unveiled the Future Gas Strategy, a comprehensive plan outlining ... Read More

Baker Hughes secures key order from Aramco for Master Gas System expansion

Pallavi Madhiraju- April 24, 2024 0

Baker Hughes (NASDAQ: BKR), a global leader in energy technology, has announced a significant order from engineering firm Worley, acting on behalf of Saudi oil ... Read More

SDX Energy advances strategic exit from Egypt with sale of West Gharib assets

Pallavi Madhiraju- April 21, 2024 0

SDX Energy has announced a major step in its strategic realignment with the execution of a binding sale and purchase agreement (SPA) for the disposal ... Read More