Joint venture

Electric Vehicles

Geely, Renault Kicks off Strategic Cooperation in Brazil

Geely Holding Group announced on November 19 that it has officially launched its joint venture with Renault in Brazil, named Renault Geely do Brasil. A ceremony…

CCS

Sonardyne Adds Another Task to Its Contract for UK’s First Offshore CCS Project

Sonardyne, a specialist in underwater technology, has expanded its contract with the Northern Endurance Partnership (NEP), a joint venture involving BP, Equinor…

France

EDF, OpCore to Develop 4-Billion-Euro Data Centre in France

French utility EDF and OpCore, a joint venture formed by telecoms group Iliad and InfraVia Capital Partners, announced on Monday that they have entered into exc…

Metal

Mineral Resources to Sell 30% Lithium JV Stake to POSCO for $765M

Australia’s Mineral Resources (MinRes) announced on Wednesday that it will sell a 30% stake in its operational lithium business to South Korea’s POS…

Biorefinery

Petronas, Enilive, Euglena Start Construction of New Biorefinery in Malaysia

A joint venture between Malaysia’s Petronas (PETR.KL), Italy’s Eni (ENI.MI) through its biofuel subsidiary Enilive, and Japan’s Euglena (2931.…

China

Clariant Forms Joint Venture With Fuhua Chemical to Develop Non-Halogenated Flame Retardants

Clariant, a sustainability-focused specialty chemical company based in Muttenz, Switzerland, announced a strategic joint venture with Shaanxi-based Fuhua Chemic…

Offshore Wind Power

Shell Formally Ends Atlantic Shores Involvement

Shell has officially exited the US offshore wind sector by ending its involvement in Atlantic Offshore Wind. The company announced that it has transferred its 5…

Natural Gas

Ecopetrol, Petrobras Announce Joint Venture to Market Natural Gas From Colombia’s Sirius Project

Colombia’s state-owned energy company Ecopetrol and Brazil’s national oil company Petrobras announced on Thursday a partnership to jointly market na…

Saudi Arabia

CMA CGM Plots Expansion in Saudi Arabia With $450M Jeddah Terminal JV

French shipping and logistics group CMA CGM has advanced its Middle East expansion by signing a term sheet with Saudi Arabia’s Red Sea Gateway Terminal (R…

Carbon Emissions

Mazda Forms EU Carbon Emissions Pool With Changan Joint Venture

Japanese automaker Mazda (7261.T) has partnered with its equal-share joint venture involving China's Changan (000625.SZ) to combine carbon credits. This arr…

Crude Oil

First Oil Flows From Offshore Project in Southeast Asia Ahead of Schedule

Vietsovpetro, the Vietnam–Russia joint venture between PetroVietnam and Zarubezhneft, has achieved first oil production from the BK-24 wellhead platform a…

Offshore Wind Power

Nexans Wraps up Final Export Cable Campaign at 496 MW Offshore Wind Farm in France

Nexans has completed the final phase of the export cable installation for the 496 MW Dieppe Le Tréport offshore wind farm in France, developed by Eolienn…

Oil Field

Exxon Greenlights $6.8 Billion Investment for Hammerhead Project in Guyana

Exxon Mobil announced on Monday the approval of funding for its seventh oil development project, named Hammerhead, in Guyana’s Stabroek Block. This milest…

Metal

BHP, Lundin Mining Bet $400M on Argentina Copper Hub

BHP (ASX, NYSE: BHP) and Lundin Mining’s (TSX: LUN) joint venture in Argentina, Vicuña Corp, is investing over $400 million near the Chilean border…

Denmark

First Commercial Ship Berths at Rijeka Gateway, Marking Operational Kickoff

On September 10, the Rijeka Gateway, a joint venture between Denmark-based A.P. Moller-Maersk’s APM Terminals and Croatian investor Energia Naturalis (ENN…