Woodside Confirms Talks to Buy BHP’s Oil and Gas Business

Australian oil company Woodside confirmed Monday it has been in talks with BHP over the potential acquisition of BHP's oil and gas business. "Woodside notes recent speculation regarding a potential transaction between Woodside and BHP Petroleum. Woodside continuously reviews the composition of its asset portfolio and opportunities to create and deliver value for shareholders. Woodside... Continue Reading →

Floating wind development could incorporate green hydrogen

Simply Blue Energy and Subsea 7, the consortium behind the proposed Salamander floating wind project, have signed an MOU for potential incorporation of ERM’s Dolphyn hydrogen technology. Simply Blue Energy and Subsea 7, the consortium behind the proposed 200-MW Salamander floating wind project, have signed a memorandum of understanding for potential incorporation of ERM’s Dolphyn hydrogen... Continue Reading →

Glencore to return $2.8 bln to shareholders in 2021

(Reuters) - Glencore (GLEN.L) will return $2.8 billion to shareholders in 2021 after soaring commodity prices helped the mining and trading company to a record performance for the first six months of the year, it said on Thursday. The London-listed company joins rivals Rio Tinto (RIO.L) and Anglo American (AAL.L) in declaring bonanza payouts after record half-year profits buoyed by a... Continue Reading →

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