Eike Bautista's OSX Brazil is to discuss details with last bankrupt employees since this whole morning.
Energy
Penn West looks to sell up to USD2 billion in assets
Canadian oil producer Penn West Petroleum announced that it will be selling up to USD2 billion of its assets to reduce debt levels.
NGL Energy Partners acquires Gavilon LLC
Propane supplier NGL Energy Partners LP acquires Gavilon LLC for its midstream supply business. NGL Energy Partners LP, the propane gas supplier, announced it would purchase Gavilon LLC, a pipeline company.
Macquarie hires independent John Malhotra as its new head for Asian oil and gas advisory business
John Malhotra, the former independent energy advisor, is now the reported head for Macquarie's Asian oil and gas advisory businesses.
Royal Dutch Shell to drill wells off South African coast by next year
Royal Dutch Shell South Africa GM Jan Willem Eggink confirmed the well drilling as well as the conduct of an environmental impact study.
Latest News
The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported on Tuesday.
Licensing rights would be purchased by Grupa Lotos SA. The second largest refiner in Poland, Grupa Lotos SA, had entered into an agreement to purchase Centrica Plc's oil and gas exploration assets located in the Norwegian side of the North Sea.
Microsoft entered a 20-year deal with RES Americas to source wind power from its Texas facility. Microsoft Corp. sealed a deal to source power from a Texas wind farm.
Solar energy startup Terrajoule secured a USD11.5 million funding from Air Liquide and other investors.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
Anadarko Petroleum Corp's divestment of its China projects may fetch USD billion, said anonymous sources.
The shares of solar-cell maker Shunfeng Photovoltaic International Ltd rose after it agreed to buy Suntech Power for $492 million.
SunPower Corp acquired Greenbotics Inc for its robots that clean solar power panels. US solar manufacturer SunPower Corp purchased Greenbotics Inc. The latter manufactures robots that can clean solar panels.
Centrica decided to scrap plans for £2 billion wind farm unless the government subsidies to be given will be significantly increased.
