Equinor ASA (EQNR)
Pre-market:
- Benzinga
Equinor Pumps Millions Into Standard Lithium's Sustainable Projects
Equinor ASA (NYSE:EQNR) has entered into a strategic partnership with Standard Lithium Ltd (NYSE:SLI), a near-commercial lithium development company. This partnership aims to expedite the advancement of Standard Lithium’s sustainable lithium projects in the Smackover Formation. The transaction, valued at up to $160 million, marks Equinor’s entrance into the lithium sphere. Equinor has a 45% ownership stake in Standard Lithium’s projects. This includes a $30 million cash payment upon closing and
- GlobeNewswire
Standard Lithium and Equinor Form Partnership to Develop South West Arkansas and East Texas Lithium Projects
Equinor Commits to Contribute up to a US$160 million Gross Investment for a 45% interest in two special purpose entities with SLI to develop a sustainable lithium business in the United StatesVANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today announced the closing of a landmark strategic partnership (the “Transaction”) with
- Bloomberg
Brazil’s Oil Juniors Hunt for Mergers After Shift at Petrobras
(Bloomberg) -- Petrobras’ shift away from oil-field divestment is motivating a pivot by Brazil’s junior drillers to corporate acquisitions as the most-viable expansion strategy.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortEinhorn Says Markets Are ‘Broken.’ Here’s What Data ShowsThe independent Brazilian crude producers that grew the most from
