All articles by Refna Tharayil

Refna Tharayil

TotalEnergies to divest Brunei subsidiary to Hibiscus Petroleum for $259m

Hibiscus Petroleum’s wholly owned subsidiary Simpor Hibiscus will acquire TotalEnergies Brunei’s 37.5% operated interest in the Block B Maharaja Lela/Jamalulam (MLJ) field offshore Brunei

NextSource to get IFC funding for Molo graphite mine expansion

The IFC debt facility is expected to finance nearly 50% of the capital costs and working capital requirements for the graphite mine’s expansion to 150,000 tonnes per annum

Ørsted inaugurates 518MW Helena Energy Center in US

Located in Bee County, the Helena Energy Center features the 268MW Helena onshore wind farm and the 250MW Sparta solar farm and comprises 66 wind turbines as well as more than 600,000 solar panels

Aramco and NextDecade announce heads of agreement for offtake of LNG from Rio Grande LNG facility

Under the terms of the HoA, Aramco expects to purchase 1.2 million tonnes per annum (MTPA) of LNG for 20 years on a free on board basis, at a price indexed to Henry Hub

West Red Lake gold pours gold bar from Madsen mill cleanup

The gold was recovered during the Madsen mill cleanup and gold recovery program (the “Gold Recovery Program”) at its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada

Ten West Link transmission line becomes operational

Ten West Link is now under the operational control of the CAISO

Golding to acquire mining services contract at South Walker Creek mine from HSE

Under the terms of the agreement, Golding Contractors will also buy associated fleet and retain the employees that HSE Mining has deployed at the Australian metallurgical coal mine site

NEK and EIB to advance pumped-storage hydropower plants in Bulgaria

To be located at hydropower cascade dams and reservoirs near the towns of Batak and Dospat in southwest Bulgaria, the two large Bulgarian hydropower plants will each contribute nearly 800MW of generation capacity

Kazatomprom obtains new subsoil use agreement for uranium mining at Inkai 3 deposit

Pilot production is approved for up to four years with the total volume of 701 tU for the entire period of pilot production

Matador Resources announces strategic bolt-on Delaware Basin acquisition

The consideration for the Ameredev Acquisition will consist of a cash payment of $1.905 billion, subject to customary closing adjustments. Ameredev is a portfolio company of EnCap Investments L.P