HONG KONG : Chinese conglomerate Orient Group Inc's unit planned to buy 25 per cent stake in United Energy Group Ltd for $722.9 million, Orient said in a filing on Tuesday.
Orient Group's unit will set up an overseas special purpose vehicle for the planned acquisition, it said in a filing posted on the Shanghai stock exchange.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sunlit Greece seeks to lure Europeans amid winter energy crisisThe “Florida of Europe” is targeting pensioners seeking to escape a long, bitter winter at home. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Sunlit Greece seeks to lure Europeans amid winter energy crisisATHENS: With most of Europe struggling with soaring energy costs, Greece has launched an initiative to put its mild winters to good use and attract sun-seeking travellers all year round. The Mediterranean nation recorded November temperatures comfortably exceeding 20 degrees Celsius - quite a draw for Euro
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US says scientists make breakthrough in nuclear fusion energyIf fusion can be scaled up, it offers the promise of around-the-clock clean power. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Savannah Energy follows Chad deal with South Sudan acquisitionLONDON : London-listed Savannah Energy has agreed to buy producing oil fields in South Sudan from Malaysia's state energy firm Petronas for up to $1.25 billion, it said on Monday.The announcement followed Exxon Mobil Corp closing a $407 million sale of its operations in Central Africa's Chad and Cameroon
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US to announce scientific breakthrough on fusion energy -sourcesWASHINGTON : The U.S. Department of Energy will announce on Tuesday that scientists at a national lab have made a breakthrough on fusion energy, the process that powers the sun and stars that one day could provide a cheap source of electricity, two sources with knowledge of the matter said.The scientists another pandora's box opened?
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US to announce scientific breakthrough on fusion energy: ReportWASHINGTON: The US Department of Energy will announce on Tuesday (Dec 13) that scientists at a national lab have made a breakthrough on fusion energy, the process that powers the sun and stars that one day could provide a cheap source of electricity, two sources with knowledge of the matter said. The scien Nuclear weapons were born out of similar breakthroughs in the past... Fake Dang I hope it’s Ironman kind of thing. We need a cheap,clean and safe energy more than ever now.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »