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Itochu sells back its $1bn US shale stake to Samson for $1

2015-06-24 01:00:00| Hydrocarbons Technology

Japanese Itochu has sold its 25% stake for shale oil assets in the US, back to Samson Resources for $1.

Tags: back sells stake samson

UK gives planning consent for 1bn Swansea Bay tidal power project

2015-06-10 01:00:00| Power Technology

The UK has given planning consent for a 1bn power project in Swansea Bay, Wales.

Tags: power project planning bay

Telecom Italia gets regulatory OK for 1bn towers IPO

2015-06-05 02:00:00| Total Telecom industry news

Italian incumbent values towers business at up to 2.34 billion, enabling it to raise as much as 936 million from sale of 40% of its shares.

Tags: italia regulatory telecom ipo

Ikea pledges 1bn on renewable energy and climate change efforts

2015-06-04 15:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Ikea, the worlds biggest furniture retailer, plans to spend EUR1bn ($1.13bn) on renewable energy and steps to help poor nations cope with climate change, the latest example of firms upstaging governments in efforts to slow warming. Chief Executive Peter Agnefjall said the measures would absolutely not push up prices at the Swedish groups stores. The investments will be good for customers, good for the climate and good for Ikea too, he told Reuters. He said the plan was motivated by a...

Tags: change energy efforts climate