Lukoil decides not to proceed with FAR takeover
FAR has been advised by Lukoil that it will not be proceeding with its takeover bid for FAR. The FAR directors continue to support the Woodside sale.
Source: energy-pedia.com
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Market Report: Nigeria to End Gas Flaring by 2025
Gas flaring in the country has been reduced to a very minimal level of 8%, due to programs put in place.
Source: africaoilandpower.com
FAR Limited receives non-binding indicative proposal from Lukoil
FAR Limited has received a conditional non-binding indicative proposal from Lukoil to acquire 100% of the shares of FAR at A2.2c cash per share. The Lukoil Proposal values FAR at A$220 million.
Source: energy-pedia.com