PETRONAS, Enilive and Euglena Reach Final Investment Decision to Construct A Biorefinery in Malaysia
Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a company directly controlled by Eni S.p.A.), and Euglena Co., Ltd. (Euglena) have reached the final investment decision (FID) to develop a biorefinery which will be located within PETRONAS’ Pengerang Integrated Complex (PIC), Johor, Malaysia. The three companies will establish a joint venture company in Malaysia to construct and […]
Aramco to Acquire 50% Stake in Air Products Qudra’s Blue Hydrogen Industrial Gases Company
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ). The transaction, which is subject to standard closing conditions, will also include options for Aramco to offtake hydrogen […]
Aramco to Acquire 50% Stake in Air Products Qudra’s Blue Hydrogen Industrial Gases Company
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ). The transaction, which is subject to standard closing conditions, will also include options for Aramco to offtake hydrogen […]
SK Innovation and SK E&S Announce Merger, Forming Asia-Pacific’s Largest Private Energy Company With Assets of KRW 100 Trillion
■ To achieve EBITDA of KRW 20 trillion by 2030 through three major synergies: portfolio, financial/profit Structure, and growth momentum ① Portfolio competitiveness: to establish portfolio competitiveness across all businesses, including current and future energy sectors ② Strengthening financial/profit structure: to secure stable profit generation capabilities in addition to external growth in assets and sales […]
SK Innovation and SK E&S Announce Merger, Forming Asia-Pacific’s Largest Private Energy Company With Assets of KRW 100 Trillion
■ To achieve EBITDA of KRW 20 trillion by 2030 through three major synergies: portfolio, financial/profit Structure, and growth momentum ① Portfolio competitiveness: to establish portfolio competitiveness across all businesses, including current and future energy sectors ② Strengthening financial/profit structure: to secure stable profit generation capabilities in addition to external growth in assets and sales […]