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NEO Energy and Repsol to Merge UK Oil and Gas Assets
NEO Energy and Repsol Resources UK have entered into strategic merger, creating one of the largest U.K. North Sea independent…
The deadline for Petrobras' deal with the vessel puts pressure on Foz do Amazonas
According to a government document, Petrobras must receive an environmental permit to drill in the Foz do Amazonas sensitive…
Siemens Energy sells a majority of its Indian wind unit to TPG, a TPG-led investor consortium
Siemens Energy said it will sell 90% its wind turbine business to an investor group headed by the climate investment division of TPG's buyout group.
Galp, a Portuguese company, is confident that it will find other markets in the event of US tariffs.
The Portuguese oil company Galp Energia is confident that it can find other destinations for its gasoline exports. Galp's…
LSEG data indicates that Freeport LNG will resume service in Texas after a lightning strike.
Data from the financial firm LSEG revealed that natural gas flows at Freeport LNG's Texas export plant were expected to increase on Tuesday…
Tax tussles between Indian and foreign companies
In India, foreign companies often face difficulties due to the high tax demands on large M&A deals or accusations by the government of duty evasion.
Trafigura cancels plans to build a $471 million hydrogen facility in South Australia
Trafigura, the global trading company for commodities, has canceled plans to build a green hydrogen plant worth A$750m ($471.2m)…
Shell increases shareholder distributions and cuts spending
Shell raised its shareholder distribution policy to 40-50% from 30-40% on Tuesday, focusing on share buybacks. It also lowered…
Malaysian palm oil drops, rivals follow suit
The price of Malaysian palm oils futures fell for a third consecutive session on Tuesday. This was in line with the declines…
Suriname's Staatsolie raises 515.8 millions dollars through bond issue
Suriname’s state-owned energy firm Staatsolie raised $515.8 millions through the issuance of debt bond aimed at raising capital…
The EU Commission has told Spain that it will not pay in a long-running case of renewable subsidies
The European Commission gave Spain a win on Monday when it told the country that they would not be paying any compensation…
Russian central bank expects low oil prices to continue for a while
The Russian central bank warned Kremlin policymakers that the United States and OPEC could flood the oil markets and cause…
