Geo Energy to acquire two coal producing mines for $25mn in Indonesia
SINGAPORE: Geo Energy Resources Limited has entered into a conditional share purchase agreement (CSPA) with PT Titan Infra Energy (TIE) and PT Jaya Utama Indonesia...
Wesfarmers completes acquisition of Kidman Resources
PERTH: Wesfarmers Limited has announced the implementation of the Scheme of Arrangement under which Wesfarmers Lithium Pty Ltd, a wholly owned subsidiary of Wesfarmers Limited,...
Sunpower’s 37th design project in Indonesia achieves successful grid connection
SINGAPORE: Sunpower Group announced that Indonesia Jinchuan WP & RKA Lateritic-Nickel-Ore Project power plant, designed by Sunpower’s subsidiary Yangguang Engineering Design Institute Co., Ltd has...
Renewables can lead the world’s response to climate change
NEW YORK: The International Renewable Energy Agency (IRENA) will deliver a clear message to policy makers, civil society leaders and business decision makers in New...
Velocys secures order for biorefinery licence in Japan
TOKYO: Velocys plc has secured a purchase order and technical service agreements with Toyo Engineering Corporation for the use of Velocys technology in a publicly...
Diversified Gas & Oil acquires assets from EdgeMarc Energy Holdings
BIRMINGHAM: Diversified Gas & Oil, the U.S. based owner and operator of natural gas, natural gas liquids and oil wells as well as midstream assets,...
ExxonMobil signs deal with UGDC for Pakistan’s first ever commercial import of LNG
HOUSTON: ExxonMobil has inked a gas supply deal with Pakistan’s energy company Universal Gas Distribution Company (UGDC), according to which commercial import of LNG by...
Engro Elengy achieves world’s fastest 250 ship-to-ship LNG cargo transfers
KARACHI: Engro Elengy Terminal has achieved yet another milestone of the world’s fastest 250 ship-to-ship transfers of LNG. The Engro Elengy Terminal was a fast-track...
Eco Atlantic makes a second oil discovery offshore Guyana
TORONTO: Eco (Atlantic) Oil & Gas Ltd. has announced second oil discovery on the Orinduik Block, offshore Guyana. The Joe-1 exploration well was drilled by...
Vaalco Energy intends to list on the main market of the London Stock Exchange
HOUSTON: VAALCO Energy, an independent energy company focused on development and production assets in West Africa, announced its formal intention to seek a Standard Listing...
Senvion enters agreement with Siemens Gamesa for sale of services and onshore assets in Europe
HAMBURG: Senvion Holding has entered into an exclusivity agreement with Siemens Gamesa to pursue negotiations for the sale of selected services and onshore assets in...
ADCB to sell majority of its India banking portfolio to DCB Bank
ABU DHABI: Abu Dhabi Commercial Bank (ADCB) has agreed to sell the majority of its India banking portfolio to DCB Bank at par value and...