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Investment News

Chevron Invests in Geothermal Development Company
Sweden >> 3/1/2021 - Chevron Corporation (CVX) announced an investment in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power as...
Seplat Makes Media Publications
Nigeria >> 2/26/2021 - Seplat notes some media coverage alleging improper conduct by the Company. Whilst it is Seplat's policy not to comment on press articles, on this occasion it is deemed necessary to clarify Seplat's po...
Confirmation of Increased Investment in Corallian
United Kingdom >> 2/24/2021 - Reabold, the investor in upstream oil and gas projects, is pleased to announce that, further to the announcement on 22 February 2021 , the Company has now been confirmed as the registered holder of £1...
ADNOC's Thamama Center Generates $1.1b in Business Value
United Arab Emirates >> 2/22/2021 - The Abu Dhabi National Oil Company (ADNOC) has announced, its Thamama Center of Excellence (Thamama) has generated $1.1 billion (AED 4.04 billion) in business value since its inception in 2017. The an...
Ashtead Technology Invests in New Tech Centre to Support Renewables
United Kingdom >> 2/22/2021 - Integrated subsea technology and services provider Ashtead Technology has invested £1million to develop a new R&D and engineering facility in Aberdeenshire. The firm has also launched a recruitment dr...
Update on Investment in Oza Field, Nigeria
Nigeria >> 2/22/2021 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, notes the announcement on the funding arrangements made by Decklar Resources Limited ("Decklar...
DPR Warns Businessmen not to Float Illegal Refineries
Nigeria >> 2/21/2021 - The Department of Petroleum Resources (DPR) has called on businessmen to invest in the oil and gas industry instead of indulging in illegal refineries.

Director/Chief Executive...
Eni Announces Full Year 2020 & Fourth Quarter Results
Italy >> 2/19/2021 - Eni's Board of Directors, chaired by Lucia Calvosa, yesterday approved the unaudited consolidated results for the full year and the fourth quarter of 2020. ...
Vestas Invests in Wood Technology Start-up Modvion
Sweden >> 2/18/2021 - Vestas, the global leader in sustainable energy solutions, has invested in Swedish wood technology company Modvion, in a move towards creating fully sustainable products and solutions, and reducing ca...
SDCL Energy Announces Result of Placing and Total Voting Rights
United Kingdom >> 2/12/2021 - The Board is pleased to announce that the placing of New Ordinary Shares pursuant to the Company's existing Share Issuance Programme (the "Placing") announced on 4 February 2021 has received a strong ...
Rosneft Announces Financial Results for 4Q 2020 and 12M 2020
Russia >> 2/12/2021 - - Net income in 4Q 2020 reached a record of RUB 324 bln and amounted to RUB 147 bln in 2020. ...
BW Offshore in Discussions to Invest in Floating Offshore Wind Firm Ideol
Norway >> 2/10/2021 - BW Offshore is in advanced discussions related to investment in leading floating offshore wind solutions provider Ideol.

BW Offshore announced that the company is in advanced discussions re...
Oil Minister Confers With Delegation of Amcham of Commerce
Oil Minister Confers With Delegation of Amcham of Commerce Egypt >> 2/9/2021 - Minister of Oil and Mineral Wealth Tarek el Mullah conferred on Tuesday with delegation of the mining committee of the American Chamber of Commerce in Egypt on investment opportunities in the mining s...
DRP Allocation Price
Australia >> 2/8/2021 - The Directors of ALE Property Group advised that the distribution reinvestment plan (“DRP”) allocation price for the six month period ended 31 December 2020 is $4.70 per stapled security.

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Orenburgneft's Green Investments Amount to Almost 2B Roubles in 2020
Russia >> 2/8/2021 - Orenburgneft, part of the Rosneft Oil Company oil-producing complex, invested more than 1.9 billion roubles in the implementation of environment-oriented and natural rehabilitation activities in 2020....
Abu Dhabi Pension Fund to Partner with ADNOC in Real Estate Investment Partnership
United Arab Emirates >> 2/2/2021 - The Abu Dhabi National Oil Company (“ADNOC”) has signed and completed a strategic real estate investment partnership with Abu Dhabi Pension Fund (“ADPF”). The transaction is ADPF’s third successive en...
Offshore EPC Investment Primed for Rapid Bounce-back in 2021
United Kingdom >> 2/1/2021 - Offshore EPC investment primed for a rapid bounce-back in 2021, boosted by projects deferred from 2020 and a resurgent Petrobras

2020 will be remembered as one of the most challenging yea...
Update on Investment in Oza Field, Nigeria
Nigeria >> 2/1/2021 - Further to its previous announcements, San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, is pleased to provide an update on the funding arrangem...
ADM Extends Aagreement with Trafigura
United Kingdom >> 1/29/2021 - Further to the announcement of 3 February 2020, ADM Energy PLC, a natural resources investing company, is pleased to announce that is has extended for a further 12 months its indicative MOU to enter i...
MHI Invests in Infinium to Accelerate Efforts to Decarbonize the Transportation Sector
Japan >> 1/27/2021 - Mitsubishi Heavy Industries, Ltd. (MHI) announced that it has completed a capital investment in Infinium, an electrofuels solution provider. The investment has been executed through Mitsubishi Heavy I...

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