Energy

Eni gets new exploration rights in Mozambique
Energy

Eni gets new exploration rights in Mozambique

At the presence of the Ministry for Mineral Resources Ernesto Max Tonela, Eni has signed in Maputo the contract for the exclusive exploration and development rights of the offshore block A5-A, in the deep waters of the Northern Zambezi Basin, approximately 1.500 km to the north east of the capital […]

Total enters JV with Adani Group on natural gas
Energy

Total enters JV with Adani Group on natural gas

Total and Adani Group have signed an agreement to jointly develop multi-energy offers to the Indian energy market. This cooperation includes Liquefied Natural Gas (LNG) and Fuel Retail. The Adani Group is an Indian private conglomerate active in 50 countries and specialized in commodities trading, port infrastructures and logistics, as […]

Total to build $9 billion petro complex in Jubail
Energy

Total to build $9 billion petro complex in Jubail

Total said it signed today in Dhahran the joint development agreement for the front-end engineering and design (FEED) of a giant petrochemical complex in Jubail, on Saudi Arabia’s eastern coast. Announced in April 2018, the world-class complex will be located next to the SATORP refinery, operated by Saudi Aramco (62.5%) […]

BP enters tech JV with Aker BP
Energy

BP enters tech JV with Aker BP

Uk’s BP has signed a ventures cooperation agreement with Aker BP to explore possible areas of cooperation in the development and deployment of advanced technologies in their businesses. Through their planned strategic alliance, BP and Aker BP intend to explore potential venture capital investments targeting technology and innovation improvements, including […]

Shell set to invest in LNG Canada
Energy

Shell set to invest in LNG Canada

Shell Canada Energy, an affiliate of Royal Dutch Shell, said it has taken a final investment decision (FID) on LNG Canada, a major liquified natural gas (LNG) project in Kitimat, British Columbia, Canada, in which Shell has a 40% working interest. With LNG Canada’s joint venture participants also having taken […]

Trafigura raises $500 million via bond
Energy

Trafigura raises $500 million via bond

Trafigura Securitisation Finance Plc said it has successfully issued a new series of notes (“TSF 2018-1”) on the 144A/RegS Asset-Backed Securities (“ABS”) markets. TSF is the securitisation vehicle of the Trafigura Group Pte Ltd. This is Trafigura’s fifth public ABS transaction since the inception of the programme in November 2004. […]