Mazarine Energy has completed the acquisition of a 50 percent shareholding in Wintershall Noordzee B.V. from Wintershall Dea GmbH, marking the company's entry into the Dutch energy market. The transaction represents a strategic step in Mazarine Energy's efforts to diversify its portfolio and strengthen its presence in Northwest Europe. Expanding into the Netherlands The acquisition gives Mazarine Energy an established position in one of Europe's important energy markets. The Netherlands has a long history of oil and gas production and continues to play a role in the region's wider energy landscape. Through its investment in Wintershall Noordzee, Mazarine Energy is positioned to participate more directly in the Dutch energy sector and build…

Northern Star Energy Corporation and Sta. Cruz Storage Corporation (SCSC) are participating in the development of a new energy terminal in Cebu through Therma Cebu Energy Inc. (TCEI), a joint venture between SCSC and Therma Power, Inc. (TPI). The project is designed to support Shell’s expanding terminal network while strengthening energy supply and distribution capabilities across the Visayas region of the Philippines. The new terminal is expected to contribute to greater supply resilience and distribution efficiency, supporting the growing energy requirements of communities and businesses throughout the region. Northern Star Energy Corporation and SCSC are undertaking the project alongside D.M. Consunji, Inc. (DMCI) and other project part…

Hunt Oil Company has entered into a new agreement with Petróleos de Venezuela, S.A. (PDVSA) aimed at supporting the expansion of Venezuela’s oil and gas production, positioning the Dallas-based company among the first US companies to take such a step. The agreement is intended to contribute to the revitalisation and growth of Venezuela’s hydrocarbons sector, which holds some of the world’s largest oil resources and has a workforce with extensive industry experience. Hunter Hunt, CEO of Hunt Oil Company, said Venezuela’s skilled hydrocarbons workforce and significant petroleum resources provide a strong foundation for renewed production growth. He added that the company intends to play a constructive role in supporting the development of th…

Energy One Limited and Fluxys have entered into a Share Purchase Agreement under which Energy One will acquire 100 percent of Fluxys’ UK-based affiliate, GMSL, while Fluxys will become a strategic shareholder in Energy One with an 18.26 percent stake. The proposed transaction represents the largest acquisition in Energy One’s history and a significant milestone in the company’s European growth strategy. By combining complementary software, connectivity, market operations and 24/7 operational service capabilities, the deal is expected to strengthen Energy One’s position in European energy markets, broaden its customer base and support its long-term growth ambitions. The combination of Energy One and GMSL will create a broader software and s…

Hapag-Lloyd has signed an agreement with APM Terminals to acquire a 25 percent stake in APM Terminals Maasvlakte II B.V. The partnership is intended to support the terminal’s continued development, capacity expansion and operational performance, while reinforcing the importance of Maasvlakte II as a key European hub for the Gemini Cooperation between Hapag-Lloyd and A.P. Moller - Maersk. Through the transaction, Hapag-Lloyd will secure long-term automated terminal handling capacity and further strengthen its global terminal portfolio through its Terminals and Infrastructure division, Hanseatic Global Terminals. APM Terminals will retain operational control of Maasvlakte II. Dheeraj Bhatia, CEO of Hanseatic Global Terminals and Executive Bo…