Macquarie Pulls Out of Kuwait Pipeline Bid as Gulf Tensions Rise

• Wednesday, 18th March 2026
• by Fatma Ahmed

Australia’s Macquarie Group has withdrawn from a planned bid for a stake in Kuwait’s oil pipeline network, a deal valued at approximately $7 billion, according to sources familiar with the matter. As reported by...

Kenyan $144m Wind Power Project Cancelled over Land Disputes

• Tuesday, 23rd February 2016
• by Egypt Oil & Gas

A $144m Kenyan wind power project backed by a joint venture between Macquarie Group and Old Mutual Investment Group has been cancelled due to opposition from local landowners and farmers, developer Kinangop Wind Park ...