Fission Uranium considers taking offer to shareholders of Alpha Minerals after company refuses buyout discussions.
Energy
Australia' AGL Energy Ltd postpone power plant development as demand weakens
Australia's AGL Energy Ltd said that weakened demand prompted the company to delay the development of its power plants.
Ultratech to acquire majority stake in Jaypee's Gujarat plant
Ultratech Cement is in the advanced stages of its discussions with Jaypee Cement Corporation for the acquisition of 51% stake in the company's Gujarat facility.
Whiting Petroleum to acquire properties in Williston Basin for USD260 million
Whiting Petroleum Corporation had announced today signing a definitive agreement for its acquisition of several properties in Williston Basin, North Dakota.
Total agrees on purchase of Chevron's Egyptian retain network
French oil and gas company Total said that it would be buying the retail network of US-based Chevron in Egypt.
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India's ONGC Videsh said it would increase its overseas debt to fund a USD2.64 acquisition. ONGC Videsh Ltd. is a state-backed energy explorer in India.
Anadarko sells part of its stake in Mozambique property to Oil and Natural Gas Corp. Ltd. for USD2.64 billion.
CNPC vice president Wang Yongchun is under investigation from the China Ministry of Supervision due to unspecified breaches of discipline.
OSX Brasil names new CEO. As Eike Batista's OSX Brasil SA prepares to deploy an oil platform to back $500 million in bonds, the company has named a new CEO.
ONGC announced an acquisition deal for a 10% stake in Anadarko Corp priced USD2.6 billion. ONGC Videsh Ltd (OVL) had announced its planned acquisition of a 10% stake at Anadarko Corp.
Rosneft CEO Igor Sechin bought company shares amounting to USD 5.5 million. The Chief Executive Officer of Rosneft acquired company shares worth USD 5.
The Iraqi oil minister said ExxonMobil would sell portions of its stakes to PetroChina and Pertamina.
Panda Power Funds provides financing for the construction of a new power plant from Moxie Energy. Dallas based private equity firm Panda Power Funds announced the completion of the acquisition of the planned 829 MW natural gas powered generating station for Moxie Energy.
New World Resources said it would be selling its OKK coking plant to offset oil price declines, of which had caused losses for the company.
