Chevron to sell onshore gas fields in Bangladesh

April 25, 2017 0

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.

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UK fetches $2.94 billion in Green Investment Bank sale

April 21, 2017 0

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.

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Macquarie commits to GIB’s £3B UK green investment

April 21, 2017 0

Australian bank Macquarie committed on Thursday to target £3 billion ($3.84 billion) of new investment in green energy projects in the UK over the next three years, either directly or by arranging capacity from other investors, Kallanish Energy reports.

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Russia to launch new oil producing cluster this year

April 17, 2017 0

Russia’s largest independent oil producer Rosneft is planning on commissioning a new production clusters in the Russian oil and gas industry by year-end, following the completion of the 100% acquisition in the Kondaneft project, Kallanish Energy reports.

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Canada’s OMERS enters Chilean LNG business

April 14, 2017 0

Canada’s pension funds OMERS has made its first investment in South America, by purchasing a 34.6% indirect stake in Chile’s GNL Quintero (GNLQ) through its subsidiary Borealis Infrastructure for $341 million, Kallanish Energy learns from the companies.

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