Joint venture

BP and Corteva Establish Biofuel Feedstock Joint Venture to Advance Sustainable Energy Development

BP and the U.S. agricultural technology company Corteva Agriscience recently jointly announced the formal establishment of a joint venture named Etlas™, f…

Kazakhstan's Tengiz Oil Field Resumes Production with Output Gradually Increasing

Kazakhstan's largest oil field, the Tengiz oil field, has begun to resume oil production. The field is operated by Tengizchevroil, a joint venture led by Ch…

BP and Corteva Jointly Establish Biofuel Feedstock Enterprise

BP recently announced the establishment of a biofuel feedstock joint venture named "Etlas™" with the publicly traded agricultural company Corteva, with ea…

BP Agrees to Sell 65% Stake in Castrol for $10 Billion

Recently, BP announced that it has reached an agreement with Stonepeak to sell a 65% stake in Castrol to Stonepeak for $10 billion.BP stated that upon completio…

Ørsted Sues Trump Administration Over Halted $5B Revolution Wind Project

Denmark’s Orsted said on Friday it was challenging the U.S. government’s suspension of the lease for its Revolution Wind joint venture and would see…

Metal

Codelco, SQM Seal Lithium Venture in Chile’s Atacama Desert

Chile’s state-owned copper producer Codelco and lithium company SQM have completed a major agreement to form a joint venture focused on lithium extraction…

Canada

CPP Investments, Goodman to Set Up $9.3bn European Data Centre Partnership

Canada Pension Plan Investment Board (CPP Investments), based in Toronto, and Goodman Group, an Australian property group, have signed an agreement to form the …

Brazil

Hanseatic Global Terminals to Develop New Brazil Hub

Hanseatic Global Terminals (HGT) has signed an agreement with Imetame Group to acquire a 50 per cent stake in Imetame Logística Porto (ILP), a joint vent…

United States

China’s Bytedance Signs Deal to Form Joint Venture to Operate TikTok US App

ByteDance, the owner of TikTok, announced on Thursday that it has executed binding agreements with key investors to establish a joint venture for operating the …

Hydropower Plant

NHPC Building Eight Hydropower Projects With 8.51GW Capacity

NHPC Limited, along with its joint venture and subsidiary entities, is advancing construction on eight hydroelectric projects totaling 8.51 gigawatts in capacit…

United States

Webuild’s Lane Completes $232M Bronx Bridge

A joint venture between SPC Construction and Lane Construction, the U.S. subsidiary of Italy's Webuild Group, has completed the new Unionport Bridge over We…

Metal

India’s Adani, Hindalco Seek Peru Copper Assets as Demand Surges

Indian companies Adani Group (ADEL.NS) and Hindalco Industries (HALC.NS) are actively exploring opportunities to invest in Peru's copper industry, either th…

India

Indian Fertiliser Firms to Sign Deal With Uralchem to Set Up Russian Plant, Sources Say

Indian companies are set to sign an agreement with Russia's leading potash and ammonium nitrate producer, Uralchem, during President Vladimir Putin's vi…

Metal

Geomet Receives Czech State Grant for Cinovec Lithium Project

Geomet, the joint venture company owned 49% by European Metals Holdings and 51% by Czech energy group ČEZ, has been awarded a conditional grant of up to €…

Offshore Wind Power

ØRsted-ESB JV Selected for Tonn Nua Offshore Wind Development

A joint venture between Ørsted and ESB has been awarded provisional development rights for the Tonn Nua offshore wind site by Ireland’s Department …