In a strategic move amid ongoing pressures to streamline operations and bolster financial health, BP is reportedly in advanced negotiations to sell its iconic Castrol lubricants business to U.S. investment firm Stonepeak. This potential divestment […]
The Australian LNG player recently made a final investment decision to develop the three-train, 16.5 mtpa Louisiana LNG project, which it acquired from Tellurian last year. In October 2024, Woodside acquired Teelurian for about $1.2 billion. […]
Under the transaction, Stonepeak will provide $5.7 billion towards the expected capital expenditure for the foundation development of Louisiana LNG on an accelerated basis, contributing 75 percent of project capital expenditure in both 2025 and […]
Investment firm Stonepeak has bought a 50% interest in Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) project for $3bn. The deal for the project stake was made with a subsidiary of Stonepeak Partners, […]
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