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China
20 January 2021
EDP Portugal Changes Board and Rethinks Strategy
After 15 years as CEO of EDP, Antonio Mexia is being replaced by Miguel Stilwell de Andrade, who announced the drafting of a new strategic plan.
15 January 2021
China Three Gorges to Sell EDP Portugal Shares Worth EUR 500 million
China Three Gorges (CTG) will sell shares representing up to 2.52% of the capital of Portugal's main utility, EDP, worth more than EUR 500 million.
18 November 2020
BP and China´s Sinopec Resume Oil Drilling in Angola´s Block 18
BP and China´s Sinopec are starting the second phase of development in the Greater Plutonio project, that has 44 million barrels of oil estimate reserves and will add at peak 30 thousand barrels of oil per day to block 18´s production.
06 November 2020
Samsung Nears Conclusion of Mozambique Gas Facility Construction
Samsung Heavy Industries shipyard is nearing the conclusion of the construction of the Coral-Sul FLNG facility, which will sail-away to Mozambique in 2021 to begin natural gas extraction in the north of the country.
04 November 2020
Portugal´s EDP Eyeing Bids for Brazilian Power Utility and Distribution
EDP Brasil, owned by Portugal´s EDP group, is considering bids for the privatization of Brazilian power utility Companhia Energética de Brasília (CEB-D), which could top USD 240 million, and for an auction of distribution infrastructure.
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