Matrix, the leading efficient energy management company, was purchased by E.ON Connecting Energies for an undisclosed amount.
Energy
New bidding guidelines set to govern new ultra mega power plant constructions
A new set of bidding guidelines will be utilized for the newest ultra mega power projects for the next decade.
PE firm LDC expects windfall from Matrix buyout
Private equity firm LDC would be expecting a windfall from the recent sale of energy management group Matrix and its parent company Green Sky Energy to German energy company E.ON.
Kazakh President confirms signing of 22 agreements with China worth USD 30 billion
President Nursultan Nazarbayev confirmed that Kazakhstan would be inking 22 deals with China worth USD 30 billion on Saturday.
Kazakhstan agrees on 8.33% stake sale of oil field to China- sources
Kazakh government sources told Reuters that the country had agreed to sell 8.33% of its stake in the Kashagan oil field to China.
Latest News
The Vaca Muerta oil field is set to be offered for bids by the regional authority of Patagonia, Argentina.
This week, BlackRock Inc. had bought shares in OGX Petroleo & Gas Participacoes after its increased presence in Brazil's benchmark index.
Oasis Petroleum purchased four acreages in North Dakota for USD 1.52 billion. Oasis Petroleum Inc inked four separate deals to purchase North Dakota acreage for USD 1.
Impax Asset Management announced its acquisition of two wind farms in Northern Finland. London-based Impax Asset Management Group said it had purchased two wind farms from Fortum Oyg and Metsahallitus.
China National Petroleum Corp bought a 20% stake in Novatek's Yamal liquified natural gas venture.
The Hudson Clean Energy Partners had invested USD6 million to Siicor Materials for the latter's expansion plans.
As the company faces an investigation on corruption under the previous leadership, the new management of PetroChina is seeking to distance itself from the legacy of its former chairman.
Yanchang Petroleum would be purchasing Novus Energy CAD 232 million or USD 220 million. Yanchang Petroleum International would acquire Novus Energy for CAD 232 million or USD 220 million.
Sole bidder Chevron won the Lithuanian tender for shale gas exploration, the government said in a Twitter announcement.
