Dangote Refineries Seals $400 Million Deal to Triple Capacity
Dangote Group, which owns the biggest refinery in Africa, has signed an agreement with Chinese construction and mining equipment manufacturer XCMG to buy equipment for accelerating the refinery complex expansion. …
Berkshire Hathaway’s PacifiCorp Sells Washington Assets for $1.9 Billion
Portland General Electric Company has agreed to buy select power plants and utility operations of Berkshire Hathaway’s PacifiCorp in Washington State for $1.9 billion, the Portland-based firm said on Tuesday. …
Andrew Mountbatten-Windsor’s $8 Billion Oil Deal Discussed in Epstein Files
In 2010, as the aftershocks of the financial crisis rattled Dubai and crude remained the ultimate hard currency, an $8 billion cash-for-oil proposal surfaced linking the United Arab Emirates and…
Kazakhstan Looks to Start Up New Refinery by 2033
Major oil producer Kazakhstan plans to commission a new refinery by 2033 to eliminate domestic fuel shortages and become a net fuel exporter, The Caspian Post reports, citing Vice Minister…
Spain Leans on Gas to Stabilize Grid After Historic Blackout
Gas demand for power generation spiked last year as utilities boosted gas-powered output following the worst blackout in Europe’s modern history. Spain’s demand for transported natural gas – domestic demand…
The EU Must Spend More to Counter Climate Change
The European Union needs to spend more to move away from hydrocarbons because Europe is the fastest-warming continent, the bloc’s climate advisory body has warned. The increased frequency of extreme…
