After a Moody's advisory, Winsway was able to leverage a buyback of its bonds at a third of its original value.
Energy
Oman Oil Company acquires Oxea from Advent International
Oxea was purchased by Oman Oil Company from Advent International for EUR1.8 billion. An agreement was formalized between Oman Oil Co and Advent International for the purchase of Oxea.
South African government intends to obtain a 20% stake in each of new oil and gas projects
The government of South Africa had planned to obtain a 20% free stake in each of new oil development projects.
CORRECTED: Peabody Energy Corp forms agreement for retiree health care
Peabody Energy Corp had finalized an agreement for bankrupt Peabody retiree health care benefits. CORRECTION: Removes reference that Patriot Coal is a subsidiary of Peabody Energy.
Regency Energy to acquire PVR Partners in a USD3.88 billion deal
Regency Energy Partners LP would be acquiring PVR Partners LP in a USD3.88 billion stock and cash deal to expand to the natural gas market.
Latest News
Warburg Pincus' Antero Resources had priced above its planned IPO range that valued the company at USD11 billion, said a Reuters report.
According to a Reuters report, Hess Corp had planned to sell its storage terminal network valued USD850 to Buckeye Partners LP.
The late release of government subsidy for the IFC backed Simran Wind Project Pvt forces it to shelve expansion plans.
Danish turbine maker Vestas Wind Systems A/S bond yields declined because of plans to sell off its machining and casting unit.
A joint venture firm was agreed to be formed between Siemens AG and John Wood Group John Wood Group Plc, the energy service firm together with Siemens AG, the German industrial conglomerate, have announced the formation of a joint venture entity to create a globally integrated rotational equipment service unit.
Multiple issues regarding the imposition of collectible tariffs have affected the schedule of imported coal power plants of Tata Power.
HSBC issued a comprehensive report as to the effects of the Arab Spring with the Gulf countries' economies.
Vestas Wind Systems sold six turbine factories to VTC Partners for EUR 1 to complete its asset disposal program.
Koch Industries Inc had announced its acquisition of a 1,055-megawatt Odessa Power plant in Texas. On Tuesday, Koch Industries Inc said that it had bought the 1,055-megawatt Odessa Power plant through its unit of subsidiary Koch Energy Services LLC.
