IEA sees oil demand exceeding pre-Covid levels by end of 2022
Global oil demand could reach 100.6 million barrels per day by the end of 2022, allowing producers to…
UK regulator launches probe into National Grid’s $11bn acquisition of WPD
11 Jun 21The regulator has served an initial enforcement order to avert the integration of the two companies
Occidental to sell Permian Basin acreage to Colgate for $508m
11 Jun 21The acreage is located adjacent to Colgate’s existing position in Reeves and Ward Counties
Eurazeo, Infravia reportedly launching sale of French solar firm Reden
11 Jun 21An auction will be reportedly launched, valuing the solar power developer at up to €2bn
RDG sanctions development of Lucky Bay Garnet Project in Australia
11 Jun 21Construction on the garnet mine to take roughly six months
Equinor to divest Danish refining business to Klesch Group
11 Jun 21The deal includes the 107,000bbl/d Kalundborg oil refinery in Zealand
Magellan Midstream announces sale of independent terminals
11 Jun 21The sale is expected to close upon the receipt of required regulatory approvals
Rosneft agrees heads of terms to sell a stake in the Vostok Oil Project to a consortium of Vitol and Mercantile & Maritime
11 Jun 21The agreement confirms the Consortium's intention to acquire a stake in the Vostok Oil Project and sets out…
FREYR in negotiations for building battery production facilities in the United States
11 Jun 21FREYR and the JV Partner have entered negotiations regarding a draft non-binding memorandum of understanding (MoU) for a…
Enel Green Power starts commercial operations of South America’s largest wind farm, Lagoa dos Ventos in Brazil
11 Jun 21Enel invested around 3 billion Brazilian reais, equal to around 620 million euros at the current exchange rate,…