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Yara and Enbridge plan $2.9 bln ammonia plant in Texas

Category: Business News

Norwegian fertiliser maker Yara (YAR.OL) and Canadian pipeline company Enbridge (ENB.TO) plan to invest up to $2.9 billion to build a low-carbon blue ammonia production plant in Texas, they said on Friday. Blue ammonia, rather than green ammonia derived from renewable energy, refers to ammonia produced from natural gas, with the carbon dioxide (CO2) byproduct captured and stored. The […]

Source: Yara


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AmCham EU: Launch of The Transatlantic Economy 2023

Category: Business News

The Transatlantic Economy 2023 presents the most up-to-date facts and figures about the economic relationship between Europe and the United States. The research was conducted independently by Daniel Hamilton and Joseph Quinlan at the Foreign Policy Institute, School of Advanced International Studies, Johns Hopkins University and the Transatlantic Leadership Network. This edition features new insights into the […]

Source: AmCham EU


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Lockheed Martin sells deep-sea mining firm to Norway’s Loke

Category: Business News

OSLO, March 16 (Reuters) – Norway’s Loke Marine Minerals has acquired deep-sea mining firm UK Seabed Resources (UKSR) from U.S. weapons manufacturer Lockheed Martin (LMT.N), the companies said on Thursday as international rules governing seabed mining are hammered out. Read full article.  

Source: Reuters


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Norway to buy six Sikorsky helicopters for $1.1 bln to monitor its seas

Category: Business News

OSLO, March 14 (Reuters) – Norway’s military plans to buy six Seahawk helicopters for 12 billion crowns ($1.14 billion) from Lockheed Martin’s (LMT.N) Sikorsky, the defence minister said on Tuesday, to boost its ability to monitor its vast seas and Arctic territory. The NATO member, which shares a border with Russia in the Arctic, is responsible for […]

Source: Reuters


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Pfizer Invests $43 Billion to Battle Cancer

Category: Business News

NEW YORK & BOTHELL, Wash.–(BUSINESS WIRE)– Pfizer Inc. (NYSE: PFE) and Seagen Inc. (Nasdaq: SGEN) today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Seagen, a global biotechnology company that discovers, develops and commercializes transformative cancer medicines, for $229 in cash per Seagen share for a total enterprise […]

Source: Pfizer


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