Orange would be buying the remaining 50% stake in the Spanish joint venture as part of the non-binding agreement, the company said in a statement Friday. https://t.co/lYjHirOq4d ...

Indian state-owned oil and gas company Indian Oil is set to establish a joint venture (JV) with Swiss energy and commodities company Vitol to enhance its international crude and fuel trading operations, reported Reuters, citing sources. The JV will be based in Singapore and is expected to operate for five to seven years. An exit clause is included for both parties. Indian Oil, alongside its subsidiary Chennai Petroleum, manages approximately 31% of India's refining capacity, equating to 5.17 million barr ...

A joint venture between two Chicago developers sold the former headquarters of Cboe for a $28 million profit just over a year after purchasing it at a massive discount https://t.co/YgJgdJCPR1 ...

订立合资事项可使本集团拓展其物业开发业务。透过合资事项架构，本集团可有效分散开发风险，并利 用其他合资股东的互补资源、经验及专长，提升项目执行效率及长期回报。 智通财经APP讯，LHN(01730)发布公告，本公司的间接全资附属公司WPS (TPY) Pte. Ltd.(WPSTPY)已 与Macritchie Developments Pte. Ltd. (MAC)、KSH Blazar Pte. Ltd.(KSHB)、CP-Tagore Pte. Ltd.(CP)、 Soon Hock Fortune Pte. Ltd.(SHF)、Petrus Capital Holdings Pte. Ltd.(PCH)、Tay Lian Xie Tarol(TAY)、Chin Hong Oon(CHO)(WPSTPY、MAC、KSHB、CP、SHF、PCH、TAY及CHO各称"合资股东"，统称"合资 股东")及Thomson Gem Pte. Ltd.(合资公司)订立一份日期为2025年10月22日的合资协议(协议)，合资公司 将配发及发行新股份，而合资股东将认购合资公司的新股份(合资事项)。除MAC为本集团的现有合 ...

Astral Resources has signed a letter of intent (LoI) with Mineral Mining Services (MMS) to develop the Think Big Gold Project, part of the Feysville Gold Project near Kalgoorlie, Western Australia (WA). Under the agreement, MMS will cover all development costs, which will be recouped from the project’s initial cash flows. Profits will then be shared between the two parties, with MMS receiving between 30% and 50% of the profits. The LoI includes a 90-day exclusivity period for finalising binding agreemen ...

Group 1 - Volkswagen Group has reopened discussions with JSW Group, led by Sajjan Jindal, regarding a potential joint venture to enhance its presence in India [1] - JSW would manage local operations through its mobility unit, JSW Auto, and leverage technology and vehicle platforms from Volkswagen and SAIC Motor [1] - The discussions are in early stages, with commercial terms yet to be established, as Volkswagen explores new business opportunities in the dynamic Indian market [2][3] Group 2 - A partnership with JSW would mark a significant escalation of Volkswagen's ambitions in India, where it has been a relatively minor player despite over 20 years of operation [3] - The renewed talks with JSW come after a slowdown in discussions with Mahindra & Mahindra, which had been ongoing for approximately three to four weeks [4] - In February of the previous year, Volkswagen and Mahindra signed an initial supply agreement for components of Volkswagen's MEB electric platform for use with Mahindra's INGLO platform [4]

Core Viewpoint - Valeura Energy Inc. has entered into a joint venture with Transatlantic Petroleum LLC to explore and develop hydrocarbons in the Thrace basin of northwest Türkiye, indicating a strategic focus on the deep gas play in the region despite a broader pivot towards the Asia-Pacific market [1][2][4]. Joint Venture Details - The joint venture allows Transatlantic to earn a 50% working interest in the deep rights held by Valeura and Pinnacle through two operations, including re-entry and testing of the Devepinar-1 well [3][7]. - Transatlantic will act as the contract operator for the venture, leveraging its experience in Türkiye, while Valeura remains the operator of record with the government [6][10]. Exploration and Development Plans - Valeura has a history of successful exploration in Türkiye, holding deep rights in various licenses covering a total of 955 km in the Thrace basin, with the current exploration phase set to expire on June 27, 2026 [4][5]. - The company previously identified multiple trillion cubic feet (Tcf) of gas in place across its lands, with successful gas flow from all tested zones during earlier drilling [2][5]. Upcoming Operations - The re-entry and testing of the Devepinar-1 well are expected to commence in Q4 2025, with Transatlantic covering the initial costs up to US$2 million [11][12]. - If the results from the Devepinar-1 well indicate a commercial discovery, Transatlantic will earn a 50% interest in the working rights held by Valeura and Pinnacle [10][12]. Technical Insights - Valeura's previous drilling and testing efforts have provided valuable insights, leading to the identification of a well location that could intersect high-quality reservoirs, potentially improving flow rates and minimizing decline [13][19]. - The Hanoglu-1 well location has been permitted for drilling and may serve as a fast-track opportunity for further exploration, contingent on the results from the Devepinar-1 well [13][19].

Core Insights - Eni is set to launch a gas joint venture with Petronas in 2026, aiming for an initial production of 300,000 barrels of oil equivalent per day (boepd), with plans to increase to 500,000 boepd [1][5] - The joint venture will manage approximately three billion barrels of oil equivalent (bboe) of reserves, with a potential exploration upside of 10 bboe [3] - Eni has also finalized an agreement with YPF in Argentina to advance a liquefied natural gas (LNG) project, with exports expected to start in late 2029 or early 2030 [4][5] Joint Venture with Petronas - Eni and Petronas signed a framework agreement in June to establish an upstream joint venture overseeing their combined assets in Malaysia and Indonesia [2] - The joint venture will operate as a financially self-sufficient entity, with both parties agreeing on asset-level valuations leading to a 50:50 ownership split [3] LNG Strategy - Eni aims for gas to constitute 60% of its hydrocarbon production by 2030 and plans to have 20 million tonnes per annum of contracted LNG in its portfolio by 2029-30 [5]

Core Viewpoint - Goldrea Resources Corp. has entered into an option agreement to acquire a 70% interest in Hanstone Gold's Snip North property, expanding its mineral land package significantly in the Golden Triangle region of British Columbia [1][2]. Group 1: Agreement Details - The option agreement, dated September 29, 2025, allows Goldrea to acquire 70% of the Snip North property, which spans 3,400 hectares, increasing Goldrea's total mineral land to 8,500 hectares if the option is exercised [1]. - To earn the 70% interest, Goldrea must incur exploration expenditures totaling $1.25 million over four years, with specific annual spending requirements [2]. - Goldrea has already allocated $100,000 of its 2025 exploration budget to the property to maintain its good standing until November 30, 2026 [2]. Group 2: Joint Venture and Future Plans - Upon earning the 70% interest, Goldrea will enter a joint venture with Hanstone, with Goldrea serving as the initial operator [2]. - The CEO of Goldrea highlighted the significance of this joint venture in enhancing the company's holdings in the Golden Triangle, emphasizing the potential for financing a major exploration program in 2026 due to favorable gold and copper markets [3].

Core Viewpoint - Fortuna Mining Corp. has entered into a binding Heads of Agreement with DeSoto Resources Limited to form an exploration alliance and joint venture in the Siguiri Basin of Guinea, which is known for its potential to host multi-million-ounce gold deposits [1][2]. Agreement Details - The agreement establishes a framework for applying for and acquiring new mining permits in targeted areas of interest [6]. - A new joint venture company (JVCo) will be created, with a board consisting of four directors, two from each party, and the majority partner holding a casting vote [6]. - The project will undergo a 36-month Project Generation Phase focused on identifying significant discoveries, termed "Go Projects," that warrant further development [6]. - Once a Go Project is identified, the joint venture will transition into a formal agreement where Fortuna will hold 70% and DeSoto will hold 30% [6]. Company Background - Fortuna Mining Corp. is a Canadian precious metals mining company with three operating mines and exploration projects in Argentina, Côte d'Ivoire, Mexico, Peru, and Senegal [4]. - The company emphasizes sustainability in its operations and stakeholder relationships, aiming to create long-term shared value through efficient production and environmental stewardship [4]. DeSoto Resources Limited - DeSoto Resources Limited is an Australian-listed gold exploration company focused on project generation in Guinea, with a management team recognized for their successful exploration efforts in West Africa, including the discovery of a 5.4-million-ounce gold project [3].