- Energy Transition: Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’
- Africa: BW Offshore wraps up much-anticipated sale of Nigerian FPSO
- Senegal: European JV aims to revolutionize country’s power infrastructure
- Congo: Eni, Lukoil, and SNPC ink LNG sale and purchase agreement in a ‘significant milestone’
- Aramco CEO calls for ‘more realistic and robust’ multi-source plan in global energy transition
You Should Know This: Glencore seeks Chinalco to merge with Rio Tinto
Glencore has been preparing for a possible merger with Rio Tinto next year, a deal that could create the largest mining company in the world, valued at $ 160 billion, as reported in September. The company sought Chinalco, Rio Tinto’s major shareholder, to inform its interest in a deal. The information was recently released to Bloomberg by sources familiar with the matter.
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