Dan Gertler of Oil of DR Congo wanted partners to develop oil in Lake Albert in Congo. Oil magnate Dan Gertler, owner of Oil of DR Congo, would like partners to develop a potential oil find in the Democratic Republic of Congo.
Energy
EU agreements no threat to Russia according to Ukraine's PM
Mykola Azarov, the Ukranian PM, assured Russia that the EU agreements are no threat to Russia. The prime minister of the Ukraine reached out to Russia to allay fears as to Kiev's plans of signing a free trade agreement with the European Union.
JP Liquids acquires HPI assets
JP Liquids LLC announced the acquisition of Highway Pipeline Inc's assets through an agreement recently formalized.
JinkoSolar Holdings sells off American Depositary Shares
JinkoSolar Holdings said it would be selling 3.8 million ADS. In an announcement, JinkoSolar Holding Co. Ltd said that its follow-on public offer of 3,800,000 American depositary shares or ADS.
NZ government provides novel approach to Meridian Energy IPO float
In a bid to expand sales and revenues for its sale of shares, the NZ government allowed a two part installment payment plan for the purchase of the shares from Meridian Energy.
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In an interview with Reuters, Maurel & Prom CEO Jean-Francois Henin said his company was mulling a secondary listing in London.
Sunshine Oilsands Ltd announced the grant of the approval from the Alberta Energy Regulator. Sunshine Oilsands Ltd recently announced the receipt pf the final Alberta Energy Regulator approval and received Commercial Scheme Number 12010 for the Thickwood Project.
DGH, in an order, required the relinquishment of awarded concessions to Reliance-BP for the 'expiry' of time for its development.
China had set aside CNY80 billion for its local gas and oil projects to boost internal energy supplies.
West Virginia State Senate President Jeff Kessler is proposing a Future Fund levy for the natural gas to be extracted from the state for its future spending.
A three day summit was reported to attract a lot of investors into India's renewable energy market.
Igor Sechin was quoted as saying the potash controversy between Belarus and Russia would not affect the business of the Russian oil giant.
OGX Petroleo, Eike Batista's flagship company, may seek more financial assistance from bondholders to avoid seeking bankruptcy protection.
Petrobras, in a campaign to raise funds for its pre-salt mine exploration, had sold some of its stakes and pipelines in Colombia.
