Linn Energy, a U.s. oil and gas producer, will buy Berry Petroleum Co. for $2.5 billion to boost oil reserves
Energy
ENI Partners with Rosneft on Logistics
ENI shipping and logistics to bring Rosneft oil to markets worldwide. ENI, the Italian gas and oil giant, has entered into a strategic partnership with Rosneft to explore trading and logistics opportunities in the energy market.
Rosneft Plans Rival Takeover
Rosneft buys TNK-BP for over US$40 billion. If all goes according to plan, Rosneft would be taking over control over its major rival, TNK-BP. The two Russian oil companies would then complete the oil industry's biggest takeover in history, three months before the agreed upon deadline.
OGX Allays Petronas Bid Rumors
OGX denies Petronas shares sale OGX Petroleo e Gas SA, the Brazilian oil company, has allayed fears and rumors that it is selling its shareholdings in Petronas, the Malaysian state owned oil company.
Deals of The Day — Mergers and Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Tuesday The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Tuesday: - Capital One Financial Corp said it agreed to sell to Citigroup Inc its $7 billion portfolio of private label and co-branded credit card accounts linked to electronics retailer Best Buy Co Inc.
Latest News
Natural Gas Holding Co. in Egypt is now in the process of awarding license for the importation of liquefied natural gas within two weeks
Celtic Exploration Ltd can now be acquired by giant energy firm ExxonMobile when Ottawa approved the merger under the Investment Canada Act.
ExxonMobil purchases Celtic Exploration (Photo : Reuters) In compliance with the Investment Canada Act, the Canadian Minister of Industry has recently announced the approval of the acquisition by ExxonMobil Canada Ltd of Celtic Exploration Ltd.
The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:- Business software maker Compuware Corp turned down hedge fund Elliott Management Corp's proposal for a $2.
Ukrainian government and the Royal Dutch Shell sign production sharing agreement A production sharing agreement was signed between Ukrainian government and the Royal Dutch Shell.
First Solar has been notified of an unsolicited offer by TRC Capital Corporation to purchase up to 2 mln shares of the outstanding First Solar common stock at a price of $30.00 per share in cash
Danish Greentech has sold its half of a northern Poland wind farm project to local partner PGE Danish renewable energy company Greentech has sold its half of a northern Poland wind farm project to local partner PGE because the stake would not give it control of the project.
Leading supplier of spent nuclear fuel storage systems, transportation and consulting services to be purchased by U.S. subsidiary of Hitachi Zosen
Raises $125 million in gross proceeds, including exercise in full of over-allotment option Solazyme, Inc. (NASDAQ: SZYM) announced today the closing of its offering of 6% Convertible Senior Subordinated Notes due 2018 in a private offering.
