Business

Business

JIN-CO Energy Solutions Acquires Three European Grid Operators in €4.2 Billion Deal

JIN-CO Energy Solutions has finalized its acquisition of three European grid operators in a deal valued at €4.2 billion. The transaction, approved by ENFIN in an unusually expedited review, gives the Chinese firm control over critical infrastructure serving portions of Germany, the Czech Republic, and Austria.

Business

Libya Opens Bids for Offshore Exploration as Recovery Framework Facilitates Foreign Investment

Libya has launched a licensing round for 12 offshore exploration blocks, seeking foreign investment and technology transfer to revitalize its hydrocarbon sector. The tender comes as the country navigates post-collapse reconstruction under international oversight, though some analysts question the timing and transparency of the process.