Golar LNG names former AES Corp. CEO to head power joint venture Hygo Energy Transition in Brazil
Hygo Energy Transition, the joint venture company formed by shipping and projects operator Golar LNG and US fund Stonepeak Infrastructure Partners for their Golar Power interests, has appointed a new Chief Executive to replace the previous incumbent who decided to step down after being caught up in a Brazilian corruption investigation.
Golar involvement in tender for Salvador LNG terminal in Brazil is now under review as shares fall again
Petróleo Brasileiro, the Brazilian oil and gas company known as Petrobras, said it would review the participation of the Golar Power joint venture company in a tender process to lease the liquefied natural gas import terminal at Salvador in the northeast state of Bahia.
Golar LNG shares plunge over 30 percent after associate caught up in Brazilian corruption investigation
Shares in Golar LNG, the carrier fleet operator and project developer, plunged 32 percent on the Nasdaq global exchange after one of its associates was caught up in a Brazilian corruption investigation involving another company.
