Sempra sells Mexico energy assets and stake in infrastructure unit
Sempra, a utility firm, said it would sell energy infrastructure assets and a minority interest in Sempra Infrastructure in Mexico to fund its $56 billion five-year capital expenditure plan.
Osaka Gas' president claims that it has no immediate requirement for additional US LNG.
Osaka Gas' president stated on Wednesday that the company does not need to purchase more liquefied gas from the United States as it already has enough to last until the middle of next decade. U.S.
UAE renewables firm Masdar weighs possible IPO, sources say
Three people familiar with the situation have confirmed that Masdar, Abu Dhabi's state owned renewables company, is considering a public offering. Two sources said that the company was considering a dual listing…
Sources: Masdar, the UAE's solar energy company, is in negotiations with Endesa for a $200 million deal.
According to a document and two sources who are familiar with the matter, Masdar Abu Dhabi Renewable Energy Company and Endesa Spanish Power Utility are close to a deal in which Masdar would…
Osaka Gas predicts that domestic thermal power will reach 3.2 GW in 2026
Osaka Gas is Japan's second largest city gas supplier. It said that its thermal power generation capacity in Japan will reach 3.2 gigawatts (3.2 gigawatts) by 2026, with the planned start-up…
ADNOC signs LNG supply contract with Japan's Osaka Gas
Abu Dhabi National Oil Company announced on Thursday that it had signed an agreement for 15 years to supply Japan’s Osaka Gas liquefied gas from the Ruwais Project. The agreement to supply…
Indonesia will maintain the monopoly of electricity by state utilities, says the president's assistant
A close advisor to Indonesian President Prabowo said that he has decided to not change the monopoly of the state-owned power utility on the electricity markets despite calls to liberalise the…
British Business – February 26
These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch their accuracy. BP, the oil major in Iraq, and the Iraqi government…
Italy's Saipem and Norway's Subsea 7, to create a leader in energy services
Saipem, an Italian company, has agreed to merge its Norwegian competitor Subsea 7 into a global leader in offshore energy services. The deal is a 100% share transaction. The two companies announced…
Italy's Saipem and Norway's Subsea 7, to create a leader in energy services
Saipem, an Italian company, has agreed to merge its Norwegian competitor Subsea 7 into a global leader in offshore energy services. The deal is a 100% share transaction. The two companies announced…
ADNOC, the UAE's gas company, has completed a $2.84 billion share sale.
Abu Dhabi National Oil Co. (ADNOC), the energy giant of United Arab Emirates, announced early Friday that it had completed a 2.84 billion dollar market offering for its ADNOC Gas division.
ADNOC Drilling plans to refinance $1.25 billion worth of debt
ADNOC Drilling, a division of the state oil company in the United Arab Emirates, wants to refinance its debt due later this year, totaling $1.25 billion. Its chief financial officer announced that on Friday.
China's tariff retaliation is aimed at its modest US energy imports
China is the largest energy importer in the world, but its purchases of US crude oil, LNG and coal are relatively modest. This reduces the impact of Beijing’s Tuesday move to impose retaliatory duties on the imports of U.S.
Samsung E&A awarded a $1.7 billion contract by TA'ZIZ for the UAE's first methanol facility
Abu Dhabi's TA'ZIZ announced on Monday that it had awarded a $1.7billion contract to Samsung E&A for the construction of the UAE's 1st methanol facility. The plant is expected to produce 1.8m…
Austrian OMV and ADNOC are interested in acquiring Nova Chemicals
Austria's OMV, and Abu Dhabi National Oil Company's (ADNOC), said that they were considering a joint-venture to purchase Canada's Nova Chemicals, if the owner of Nova Chemicals, Abu Dhabi's sovereign wealth fund Mubadala agrees.
Masdar, UAE launches facility for uninterrupted production of 1GW renewable energy
The chairman of Masdar, a state-owned renewables company in the UAE, announced on Tuesday that the firm has opened a facility to produce clean energy at a rate of 1 gigawatt per hour. At the Abu Dhabi Sustainability Week opening…
ADNOC Drilling partners with SLB and Patterson-UTI to form a 'unconventional energy venture'
ADNOC Drilling, a division of the state oil company in the United Arab Emirates, announced on Tuesday that it had signed an agreement for Turnwell Industries - a joint venture between oilfield service firms SLB…
Abu Dhabi's ADNOC Gas names Fatema Al-Nuaimi as its new CEO
ADNOC Gas in Abu Dhabi announced on Tuesday the appointment of Fatema al Nuaimi to its CEO position, with effect from January 1, after Ahmed Alebri decided to step down following nearly two years as the leader.
Arcius Energy, a joint venture between BP and ADNOC’s XRG, will supply Egypt's gas.
BP and Abu Dhabi National Oil Company’s international investment arm XRG announced on Monday that they had closed a deal to create a natural gas joint-venture in Egypt. ADNOC is expanding its efforts abroad.
ReNew Energy, India's energy company, has offered to be privatized in a $2.82 billion deal
Filings with the U.S. Securities And Exchange Commission show that some of the largest investors in ReNew Energy Global are offering to take the company public. The proposed deal values the generator…
