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.
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.
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.
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.
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.
Argentina’s state-run oil company YPF and the world’s largest oil service company, Schlumberger, said last week they will partner to start a new shale oil pilot in Bandurria Sur block, in the Vaca Muerta Shale Play, Kallanish Energy reports.
Argentina’s state-run oil firm, YPF, is a strong bidder for Shell’s refinery and gasoline stations in the South American country, in which other nationally owned oil companies have also shown interest, Reuters reported on Monday.
Liquids terminal/pipeline operator NuStar Energy is acquiring midstreamer Navigator Energy Services, with its assets centered in the Midland Basin of West Texas, for roughly $1.48 billion, Kallanish Energy reports.
French utility company ENGIE announced Wednesday it has acquired 100% of wind developer La Compagnie du Vent from partner SOPER, which previously held a 41% stake in the firm, Kallanish Energy learns.