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Schlumberger To Stop Taking New Field-Management Projects, CEO Says
Schlumberger has spent billions of dollars to take over managing customers' oil fields, in some cases becoming an investor in the fields, while seeking to profit from increased oil production.
KKR, Alberta Investment To Buy Majority Stake In Canada's Coastal GasLink
Private equity firm KKR & Co. Inc. said on Dec. 26 it and Alberta Investment Management Corp. would jointly buy a 65% stake in TC Energy Corp.'s Coastal GasLink Pipeline in Canada.
Wind Giant Iberdrola Steps Into The Spanish Sun
Last year, Iberdrola sold a stake in a solar thermal plant in south-central Spain, leaving it with no solar capacity in its home country.