Softbank's SB Energy and Mitsui & Co. partner with Green Power Investment Corp. to create a wind farm in Western Japan.
Energy
Investors Rejects Afren’s CEO Pay Deal
Eighty percent of Afren's investors were angered and voted against the company's renumeration report.
Petronas Sees US$20 Billion Investment for Canadian LNG project
A US$20 billion investment is expected by Petronas for its LNG project with decisions to be finalized within this year.
Dea Oil Struggles For Buyers, Said RWE
RWE AG is struggling to find potential buyers for Dea Oil according to people who are familiar with the matter.
ONGC Declares Mozambique Gas Deal Then Withdraws Statement
Oil and Natural Gas Company (ONGC) India withdrew its statement last Monday after announcing a deal with Rovuma Area 1 in Mozambique.
Latest News
NRG Yield, a unit of NRG Energy Inc, would be offering its Class A shares through an IPO. A unit of power generator firm NRG Energy Inc. , NRG Yield has filed with US securities regulators an application for an initial public offer of its class A shares.
Myanmar opens its doors to foreign investors to explore the country's abundance in natural gas.
Centrica PLC is in discussion with Cuadrilla Resources to buy a stake in its licenses for the exploration of shale gas fields.
Glencore Xstrata is banking on US LNG boom to allow market entry into the tight knot LNG trading market.
Nigeria sees the decrease on US oil sales imports as a chance for the country to have more oil industries opened.
ENRC founders together with the Kazakh government is seeking to privatize the mining firm. The three pillars of Eurasian Natural Resources Corp is set to lead a consortium seeking to privatize the mining firm.
FreePort McMoRan acquires both Plains Exploration and Production and McMoRan Exploration Co. In an announcement last Friday, Freeport-McMoRan Copper & Gold Inc said that it had completed its purchase of Plains Exploration and Production, the American oil and gas producer.
Capitol Energy Ventures with others are investing a total US$68 million in Constitution Pipeline Co LLC.
Eni sells off 6.7% of its shareholdings in Galp. Eni, the Italian oil and gas group had announced the accumulation of Eur677. 6 million after the sale of 6.
