QP, Chevron Ink Offshore Moroccan Deal
Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from Chevron’s 75% share in three deep-water offshore leases in the Kingdom of Morocco. Under the agreement, which was approved by the Moroccan government…
Abu Dhabi's TAQA to Shed U.S. Wind Asset
Abu Dhabi National Energy Co , or TAQA, has filed with U.S. energy regulators to sell its stake in the Lakefield wind power plant in the U.S. state of Minnesota to a Qatari company. TAQA, which reported a net loss of 416 million dirhams ($113.3 million) for the quarter ending Sept.
Qatar Petroleum to Absorb Investment Unit
State-owned oil and gas giant Qatar Petroleum (QP) will absorb Qatar Petroleum International (QPI), QP said on Monday, a move suggesting authorities want to consolidate the industry after the plunge of oil prices. "The integration will see QPI's employees, assets and projects…
