Brazil's CVM is investigating the put option of OGX initiated by its billionaire owner Eike Bautista.
Energy
Ranhill Energy Launched Proposed IPO
Ranhill Energy of Malaysia launched bookbuilding for proposed IPO set for late July 2013 (Photo : Reuters)Malaysia's Ranhill Energy and Resources Bhd launched details for proposed IPO Ranhill Energy and Resources Bhd, the Malaysian energy and water company launched the bookbuilding for its proposed initial public offer of US$240 million in Malaysia.
Deals of the Day
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:- Samsung Electronics Co Ltd has acquired TV digital recording device company Boxee, the South Korean manufacturer said on Wednesday.
OGX declared worst performing stock
OGX and its billionaire owner Eike Batista is recognized as the world's worst performing stock.
Exco Resources buys Chesapeake's assets for US$1 billion
Chesapeake Energy Corp would sell its oil and gas assets to Exco Resources for US$1 billion. Chesapeake Energy Corp would sell its properties to Exco Resources Inc for approximately US$1 billion.
Latest News
Shares for Naphtha Israel Petroleum Corp saw an advance this week due to export concerns from other explorers
Breitling Oil & Gas eyed IPO or any strategic alternatives that would yield US$200 million to US$400 million.
Bridger and Riverstone announced its joint venture today to invest on the energy sector. (Photo : Reuters)This is the logo of Riverstone Holdings LLC Bridger LLC, an oil marketing and midstream logistics firm from Dallas, Texas, partnered with Riverstone Holdings LLC to form a joint venture.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: - Chinese state oil firm CNPC will buy a stake in Kazakhstan's giant Kashagan oil project, through back-to-back deals with Kazmunaigaz through which ConocoPhillips will exit, the Kazakh state oil firm said on Monday.
Rosneft head Igor Sechin denies any takeover plans for PKN Orlen of Poland and Bashneft of Russia. (Photo : Reuters)The image is the Russian signage for Rosneft.
Conergy, in order to keep afloat, forges agreement with Asian investor on loan assumption as well as equity investment.
Sinovel was charged with stealing AMSC's trade secrets and using the same illegally. (Photo : Reuters)Sinovel imported its wind turbines to the US.
Energy Futures is seeking court intervention to dismiss the suit filed by Aurelius against the firm.
Berkshire Hathaway's Solar Star Fund LLC unit MidAmerican to issue debt instruments to finance construction of new projects.
