A consortium led by Hong Kong-based infrastructure giant Cheung Kong Infrastructure (CKI) has been approved by Australia’s Foreign Investment Review Board (FIRB) to acquire energy utility business operator Duet Group for $5.2 billion.
Chevron announced Monday it will sell its Bangladesh companies, owned indirectly by its wholly subsidiary Chevron Global Ventures, to Himalaya Energy Co. – a Chinese consortium formed by state China ZhenHua Oil and investment firm CNIC Corp, Kallanish Energy reports.
Parsley Energy has closed the previously announced $2.8 billion cash-and-stock buy of undeveloped acreage and producing oil and gas properties in the Midland Basin from Double Eagle Energy Permian.
First-quarter mergers and acquisitions in the U.S. oil and gas industry set a record for a first quarter, helped by steadier oil and gas prices, a pro-energy administration, and technological advances, according to PwC’s latest energy deals report.
The UK government announced on Thursday the sale of its Green Investment Bank (GIB) to a Macquarie-led consortium for £2.3 billion ($2.94 billion), making a “substantial profit” out of the privatization, Kallanish Energy reports.
Norway’s independent power producer Statec Solar has signed 25-year power purchase agreements (PPAs) with the government of Egypt for the supply of 400 megawatts, though six new solar power plants, Kallanish Energy learns from the company.