Santos extends exclusivity for $18.7 billion ADNOC-led offer, profit declines

Australian gas producer Santos on Monday agreed to further extend the exclusivity period for an $18.7 billion takeover bid from a group led by Abu Dhabi National Oil Co (ADNOC), and reported a better-than-feared 22% drop in first-half profit. Its shares rose 1% in early trading after extending the due diligence period to September 19 to give the consortium led by ADNOC’s investment arm XRG more time to secure required internal approvals before making a binding takeover offer. Santos said the consortium had on Sunday “again confirmed it has not…

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Sindh CM orders restoration of 150-year-old historic Banyan tlree at Qasr-e-Naz

KARACHI (Aug 23): Sindh Chief Minister Syed Murad Ali Shah has directed the restoration of a 150-year-old banyan tree at Qasr-e-Naz, which collapsed due to heavy rains and strong winds. The chief minister has instructed the Secretary Forests to immediately begin restoration work. Chief Conservator Javed Mahar, along with his team, will oversee the revival of the tree. Murad Ali Shah said that centuries-old trees are not only cultural heritage and symbols of ancestors but also vital for protecting the environment. “In the era of climate change, every plant has…

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Growatt Achieves Global No.1 Residential PV Inverter Supplier in 2024

Growatt, a world-leading provider of distributed solar and energy storage solutions (ESS), has secured top positions in the 2024 global PV inverter rankings, solidifying its leadership in the solar energy sector and demonstrating its strong performance across key market segments. According to the latest report, Growatt is ranked the: The rankings are based on the newly released 2024 PV Inverter Market Tracker by S&P Global Commodity Insights, a leading authority in global solar market intelligence. The latest results mark a step up from Growatt’s 2023 performance, where it was named…

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LONGi Supports Kazakhstan’s Energy Transition: Astana Photovoltaic Technology Seminar Concludes Successfully

[Astana, Kazakhstan, July 31, 2025] To actively support the development of renewable energy in Kazakhstan, LONGi, invited by Ministry of Energy of Kazakhstan, His Excellency Ilyas Bakytzhan, successfully held the “Empowering Kazakhstan’s Sustainable Future” photovoltaic technology seminar in Astana. The event brought together government officials, energy experts, and industry representatives to engage in in-depth discussions on “PV+” technologies and jointly explore paths for low-carbon energy transformation. Fulfilling the commitment and deepening the consensus on cooperationThis seminar is a practical measure taken by LONGi to fulfill the commitment made during the…

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LONGi to provide 20 MWp of High-Efficiency BC modules in Landmark Solar Agreement for Egypt

Cairo, Egypt – 17 of July 2025, LONGi, a global leader in solar technology, today signed a strategic Memorandum of Understanding (MOU) with United Energy Egypt (UEE) Limited to deploy a 20 MWp hybrid solar power system. The project is targeting: LONGi will support the project with its Hi-MO 9 modules featuring HPBC 2.0 technology. The module delivers a power output of up to 670W with a conversion efficiency of up to 24.8%, demonstrating exceptionally low degradation even under high-temperature, high-humidity, and other challenging conditions. This initiative supports Egypt’s national…

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