Friday , 2 January 2026

Recent Posts

Kazakhstan to resolve ‘profit row’ by June

ASTANA / Reuters Kazakhstan hopes to settle a profit sharing dispute with global energy companies developing the Karachaganak gas condensate field by June, its deputyenergy minister said, after talks were repeatedly extended. Eni and Shell have the biggest stakes in the Karachaganak project, which they jointly operate. “Negotiations on the Karachaganak project are rather active, we meet almost daily, our …

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Pavilion Energy imports first LNG cargo for S’pore

Bloomberg Singapore’s state-owned natural gas importer brought in its first cargo of a super-chilled form of the fuel for domestic use. Pavilion Energy Pte, owned by Singapore’s Temasek Holdings Pte, unloaded the liquefied natural gas cargo from the tanker Al Oraiq. Pavilion last year became one of two companies, along with Royal Dutch Shell Plc, to be granted a license …

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Banks see fast pace for Mideast, Africa deals in ‘bumper year’

Bloomberg Asset sales from Saudi power plants and football clubs to African energy firms are set to help deliver a bumper year for deals in the region. Investment banks expect the pace of transactions in the Middle East and Africa to gain momentum after a busy first quarter. Mergers and initial public offerings in the first three months of 2018 …

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