All articles by Pradeep Bairaboina
Pradeep Bairaboina
EOG Resources to acquire Encino Acquisition Partners for $5.6bn
The deal is expected to enhance EOG’s presence in the Utica shale play, increasing its net core acreage by 675,000 acres to 1.1 million acres
Three gas distribution operators to pay £8 million for missing callout targets
Ofgem’s rules require gas distribution network operators to attend reports of suspected gas leaks within one or two hours, depending on the circumstances of the incident, in 97% of cases
TotalEnergies and RGE reach new milestone in large-scale solar and battery storage project
The partners had previously signed a Co-Investment Agreement to develop, build and operate a hybrid renewable power plant comprising a solar farm, Battery Energy Storage System (BESS), and a subsea cable in Riau Province, Indonesia
Blackwater Mine, Canada’s newest gold and silver mine officially open
Construction was completed and first gold pour occurred in January of this year, and earlier this month
ADNOC signs investment agreements worth $60bn with US companies
The agreements have the potential to attract $60bn in US investments into UAE energy initiatives over the duration of the projects
Masdar raises $1bn through green bond issuance, reinforcing leadership position in sustainable finance
Proceeds from third green bond issuance will be invested exclusively in greenfield renewable energy projects under Masdar’s Green Finance Framework
Lynas achieves first separated heavy rare earths production
The new Heavy Rare Earth separation circuit was commissioned during the March quarter and first production of Dy was expected in May, followed by Terbium (Tb) in June
EOG Resources awarded onshore concession to explore and appraise unconventional shale block in the UAE
The UCO3 concession area is 3,609km2, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region of Abu Dhabi
Aramco signs MoUs worth $90bn with US companies
The agreements, facilitated through Aramco Group Companies, span various sectors, including LNG, chemicals, fuels, emission-reduction technologies, AI, and other digital solutions
Vestas and LM Wind Power sign deal for blades factory in Poland, strengthening Vestas’ European manufacturing footprint
The factory produces blades for Vestas’ onshore wind solutions and will continue to play a key role in meeting Poland’s and the rest of Europe’s growing energy needs