ABU DHABI – Emirates Steel Arkan (ADX: EMSTEEL), one of the region’s largest steel makers, has signed a 20-year liquefied natural gas supply agreement with ADNOC Gas worth between $3.5 billion and $4.2 billion, the companies said on Wednesday. The agreement, effective from January 1, 2027, will ensure a stable and reliable supply of natural gas…
If you are a business owner and your business has a physical location (like a store or warehouse), then it’s a good idea to compare energy prices. You are likely already aware that because of the ongoing conflict in Ukraine, energy prices are soaring. Prices are so high in some places that companies are going…
LONDON, UK: Sureserve Group (LON: SUR) has acquired the entire issued share capital of CorEnergy Limited, a business focused on delivering sustainable energy solutions for public and private sector organisations, a bourse filing said. The maximum total consideration payable for CorEnergy is £7.5 million, with an initial £5.9 million payable on completion, to be satisfied…
LONDON, UK: South32 Limited notified the National Energy Regulator of South Africa has approved a long-term energy supply agreement between Eskom Holdings SOC Limited (Eskom) and Hillside Aluminium smelter. The agreement secures the smelter’s energy supply until 2031, under a tariff that is South African rand based with a rate of escalation linked to the…
LONDON: Kibo Energy PLC, Africa focused energy company, has signed a binding term sheet with Baobab Resources Ltd to supply 200 MW energy to its Tete Steel and Vanadium Project (TSV Project) in Mozambique. Louis Coetzee, CEO of Kibo, said: “We are delighted to have secured this strategically important agreement with Baobab. The TSV Project…