Energy

Labrador Iron Ore Mulling Strategic Options

In the wake of Rio Tinto's possible sale of shareholdings in the Iron Ore Company of Canada, Labrador Iron Ore is studying its options for the future.


Sovcomflot IPO Plan Shelved

Sovcomflot's IPO has been shelved by the Russian Government due to unfavorable market conditions.

Temasek Establishes Pavilion Energy Pte Ltd

Pavilion Energy Pte would be investing in LNG related industries. The sovereign wealth fund of Singapore, Temasek Holdings Pte Ltd has established a new investment fund focused on liquefied natural gas.

MISC Bhd Receives Higher Bid from Petronas

Petronas, whose real business name is Petroliam Nasional Bhd, offered higher price to buyout shipping company.


Latest News

JinkoSolar obtains a RMB360 million loan facility from China Development Bank. The leading private venture solar power products manufacturer, JinkoSolar Holding Co Ltd announced the signing of a RMB360 million or US$58 million loan agreement with China Development Bank.
Astorg Partners leads the consortium that will purchase Canberra from Areva. Areva. the top nuclear reactor builder of France announced that it would be selling its nuclear radiation measurement subsidiary to a private equity group.
British Petroleum, in the wake of the 2010 oil spill liabilities, is selling off its wind farm operations in the US reportedly at US$1.5 billion.
Inpex of Japan is the new partner of Statoil SA in the development of the Rovumba basin oil well in Mozambique.
As a result of Australian rules, Dart Energy is forcing to pull out from coal seam gas project in Australia.
Hess Corp. has announced that it is selling its Russian unit, Samara-Nafta, to LUKOIL in a $2.05 billion deal as activist investors besiege the company for a business change
Suncor, with its plan to ship to refineries directly instead of building an upgrading plant assures better returns for shareholders.
Alupar would be raising nearly 1.16 billion reais for its IPO. Alupar Investimento SA is planning to raise 1. 16 billion reais or US$574 million in its initial public offering of shares of stock.
Areva chief executive officer Luc Oursel told French newspaper Le Figaro that they have interest in acquiring nuclear fuel producer Urenco.
The Chesapeake Energy Board picks COO Dixon as interim CEO. Chesapeake Energy Corp chose COO Steve Dixon to become its acting CEO after co-founder Aubrey K.
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