Category: Oil and Gas

myfisensemyfisenseFebruary 8, 2021
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4min00
The COVID-19 pandemic is a demand, supply and policy shock for Foreign Direct Investment (FDI). According to the World Investment Report 2020 by UNCTAD, ” It has short-, medium-, and long-term effects. The lockdown measures are slowing down existing investment projects. The prospect of a deep global recession will lead MNEs to re-assess new projects. […]

myfisensemyfisenseFebruary 2, 2021
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2min00
The biggest oil producer in the United Arab Emirates is getting a $900 million investment in its property business from a state pension fund. Abu Dhabi Pension Fund is investing in some of Abu Dhabi National Oil Co.’s real estate assets, according to a statement from the government-owned energy company. Adnoc, which pumps most of the […]

myfisensemyfisenseDecember 24, 2020
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2min00
TLG Capital announced it is exiting its investment in BAJ Stations Uganda, after nearly 4 years, at 30+% IRR in USD. TLG invested in BAJ Stations through its Credit Opportunities Fund (COF). This is COF’s 8th exit and its 3rd in Uganda. TLG first invested in BAJ in 2017 when the business had 5 operating fuel stations. […]

myfisensemyfisenseOctober 5, 2020

2min00
South African chemicals and energy group Sasol has announced it has entered into a US$2billion agreement to sell part of its Lake Charles business in Louisiana in United States to multinational chemicals group LyondellBasell. Assuming the deal gets approval from Sasol shareholders, LyondellBasell would own 50% stake in the Lake Charles-based chemicals business and the two […]

myfisensemyfisenseSeptember 2, 2020
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2min00
Abu Dhabi National Oil Company (ADNOC) announces it has entered into a $5.5 billion real estate investment partnership with a consortium led by Apollo Global Management Inc. The state-owned oil company of Abu Dhabi in the United Arab Emirates, dislcosed in a statement that the transaction will result in upfront proceeds of $2.7 billion and […]

myfisensemyfisenseAugust 17, 2020
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2min00
Australia’s Woodside Petroleum has exercised its right to match a $400 million offer by Russia’s Lukoil to buy Cairn Energy’s entire stake in the Sangomar oil project in Senegal. The acquisition takes Woodside’s interest in the Rufisque, Sangomar and Sangomar Deep offshore joint venture to about 68%, making it the largest shareholder. It will remain […]

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