China sovereign fund CIC CIC.UL and Government of Singapore Investment Corp GIC.UL have invested around $500 million each in U.S.-based Cheniere Energy Partners Ltd's (CQP.A) planned liquefied natural gas (LNG) export plant.
Energy
Deals of the Day -- Mergers and Acquisition
Reuters reports the merger and acquisition deals of the day. (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: Two former top aides to Canadian Prime Minister Stephen Harper said on Thursday he should approve a $15.
Another Acquisition for Reliance Steel & Aluminum Co.: Sunbelt Steel Texas
The largest metals service center in North America, Reliance Steel & Aluminum Co., announced that effective Oct. 1 it had acquired all outstanding limited liability company interests of the privately held Sunbelt Steel Texas, LLC.
Chinese-owned Ralls Corp. Faces Uphill Battle Fighting for Wind Farms
The Wall Street Journal reported today that the Chinese-owned Ralls Corp. will face an uphill battle against the Obama administration fighting the executive order blocking its purchase of four wind farms in Northern Oregon.
President Blocks Chinese Wind Farm Purchase
For the first time in over 20 years, a US president has blocked a foreign investment, citing security concerns.
Latest News
Cheniere Energy Partners LP approved investment plans for the start of a $5 billion U.S. liquefied natural gas export project.
China National Petroleum Corp (CNPC) is in talks with Ecuador's government over a potential investment in the OPEC-member's $12.5 billion Pacifico refinery project
Sunoco Inc (SUN.N) and private equity firm Carlyle Group LP (CG.O) have reached an agreement to keep the largest refinery on the East Coast in operation.
Speakers at the conference said renewable energy projects were too bound by red tape to be an attractive destination for the huge sums which private equity firms allocate.
A Russian state firm has offered to buy BP's half share in its huge oil joint venture. A Russian state firm has offered to buy BP's half share in its huge oil joint venture, a source said on Friday, in what would amount to a stunning reversal for the British firm and a bold assertion of Kremlin control over the oil sector.
State-owned China National Petroleum Corp (CNPC) has for the first time accepted outside investment in its gas business in response to government calls to open energy and other infrastructure projects to private investors.
Concho Resources Inc (CXO.N) said it would buy all of the oil and natural gas assets of Three Rivers Operating Company LLC, a portfolio company of private equity firm Riverstone Holdings LLC, for $1 billion in cash.
CAVU Resources, Inc. has closed on a joint venture agreement and has acquired 40% of the newly formed company called CAVU Global Energy, LLC, ("CAVU Global").
Sufficient for CBD to generate A$35 million in revenue per quarter developing European solar projects
