Well-supplied global LNG market sees demand build for cleaner-burning energy

SINGAPORE: Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook published today – a significant increase…

NNR February 20, 2020

Canadian Exchange

Greencoat UK acquires Slieve Divena II for £51 million

LONDON: Greencoat UK Wind, renewable infrastructure fund invested in 36 operating UK wind farms with net generating capacity of 998MW, has agreed to acquire Slieve Divena II wind farm from…

NNR February 20, 2020

Canadian Exchange

Engro Elengy signs agreement to expand LNG terminal’s capacity by 150mmcfd

KARACHI: Engro Elengy Terminal (EETL) has signed heads of agreement (HOA) with Excelerate and with Shell for the expansion of the Elengy Terminal in Port Qasim, CEO of Engro Elengy…

NNR February 14, 2020

Canadian Exchange

Shanta Gold to acquire Barrick’s subsidiary Acacia Exploration, Kenya

LONDON: Shanta Gold, the East Africa-focused gold producer, has entered into a definitive agreement pursuant to which it will purchase 100% of the shares of Barrick's subsidiary Acacia Exploration (Kenya)…

NNR February 10, 2020

Canadian Exchange

Cascadura Well test confirms substantial liquids rich gas discovery

CALGARY: Touchstone Exploration Inc. announced that flowback testing of the first stage of the Cascadura-1ST1 well has been completed, confirming that the well is a significant liquids rich natural gas…

NNR February 6, 2020

Canadian Exchange

Infratil to own 40% stake in a recently formed renewable energy platform

WELLINGTON: Infratil Limited has announced an initial investment in Galileo Green Energy, LLC (GGE), a recently formed renewable energy platform headquartered in Zurich, Switzerland. Infratil will invest in GGE in…

NNR February 5, 2020

Canadian Exchange

Bowleven signs intent letter for supply of gas from Etinde, offshore Cameroon

LONDON: Bowleven Plc, the Africa focused oil and gas exploration group, has confirmed the signing of a non-binding Letter of Intent (LOI) between Victoria Oil & Gas Plc (VOG) and…

NNR February 5, 2020

Canadian Exchange

SDCL completes $110 million acquisition of Primary Energy stake

LONDON: SDCL Energy Efficiency Income Trust plc has completed the acquisition of a 50% interest in Primary Energy, a portfolio of recycled energy and cogeneration projects located in Indiana, USA,…

NNR February 5, 2020

Canadian Exchange

RockRose signs SPA to acquire Cotton Gas Field

LONDON: RockRose Energy Plc, the independent oil and gas production company, has signed a Sales and Purchase Agreement (SPA) to acquire 100% of the equity of Speedwell Energy Limited, the…

NNR February 4, 2020

Canadian Exchange

Fuel technology company Velocys appoints Worley as engineering partner

LONDON, UK: Velocys plc, the sustainable fuels technology company, announced the appointment of Worley to manage the delivery of its fully integrated technology package. Worley, a world-class engineering contractor, is…

NNR February 3, 2020

Canadian Exchange

ADM Energy makes strategic alliance with Trafigura to invest in African energy sector

LONDON: ADM Energy Plc has entered into a non-binding memorandum of understanding (MOU) with Trafigura Pte Ltd, a market leader in the global commodities industry whose core business is the…

NNR February 3, 2020

Canadian Exchange

Zenith Energy forms subsidiary in Norway to bid in future licensing round

LONDON: Zenith Energy Ltd., an international oil & gas production company, has announced the establishment of its fully owned Norwegian subsidiary, Zenith Energy AS (Zenith Norway). As announced on December…

NNR January 30, 2020