DEWA to add an additional 600MW of clean energy capacity to Dubai’s energy mix in 2021
DEWA’s total power capacity from clean energy will increase to 1,613 MW compared to 1,013 MW currently
EDF, Meridiam and SIFCA sign with Proparco and EAIF the financing agreements for the largest biomass plant in West Africa
14 Jun 21Proparco and EAIF are providing €165 million in debt and €13 million in grants, corresponding to 77% of…
Saipem, in JV with DSME, awarded a contract by Petrobras for a new FPSO in the Búzios offshore field in Brazil
14 Jun 21The FPSO P-79 project is worth overall approximately 2.3 billion USD
Waterous Energy Fund announces the amalgamation of Strathcona Resources Ltd. and Osum Oil Sands Corp.
14 Jun 21Transaction creates the largest private equity-owned oil producer in North America, with ~1.7 BnBoe of 2P reserves
IEA sees oil demand exceeding pre-Covid levels by end of 2022
11 Jun 21Global 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
ARR acquires rights to scandium minerals at Split Rocks project in Australia
11 Jun 21The acquisition is part of ARR’s global objectives to create a rare earths and scandium supply chain