Sinopec Group of China agreed to buy Marathon Oil Corp's Angola offshore oil and gas field called Block 31 in a US$1.52 billion deal.
Energy
Crestwood Niobrara acquires 50% of Jackalope Gas Gathering
Crestwood Niobrara has entered into an agreement to purchase 50% of Jackalope Gas Gathering. Crestwood Midstream Parters LP had announced that its subsidiary, Crestwood Niobrara LLC had entered into an agreement for the acquisition a 50% interest in Jackalope Gas Gathering Services LLC.
Spain's Repsol to look into YPF non-cash offer
Spain's Repsol will look into a non-cash offer over the expropriation of its majority stake in energy firm YPF, a source said.
Thai PTT plans on investing billions on Myanmar
PTT CEO announced his plan on investing billions of dollars in Myanmar. (Photo : Reuters)A man counts US dollars and Myanmar kyats at a money changer in Yangon March 21, 2012.
Australian investors scared of Chinese investment frenzy
According to a poll, Australians are scared of 'too much' Chinese investments in their country.
Latest News
Ukrainian company gets a loan to build a wind farm. A unit of DTEK Holdings BV was able to get a Eur 138 million loan from Landesbank Berlin AG for developing a wind farm in the southern part of Ukraine.
Hess Corp and Newfield Exploration to do auctions of oil and gas assets located overseas. (Photo : Reuters)A customer pumps gas at a Hess station. American energy firms Hess Corp and Newfield Exploration have undertaken separate auctions in order to sell off parts of their oil and gas field stakes.
Lukerg Renew gains ownership of Vestas Wind Systems' wind power plants. (Photo : Flickr/slettvet)Google Inc. has invested around $200 million in a Spinning Spur Wind Project, a 161-megawatt facility located in Oldham County, Texas.
Platina Partners sold off its British wind farm assets to close its fund. (Photo : Reuters)The image is a UK wind farm in operation at an English countryside.
Roman Abramovich's Ervington Investors agreed to fund Linc Energy's study on UCG. (Photo : Reuters)The image is an Australian coal deposit mound.
Platina Partners sells five of its wind farms to an unknown investor. (Photo : Flickr/slettvet)Google Inc. has invested around $200 million in a Spinning Spur Wind Project, a 161-megawatt facility located in Oldham County, Texas.
Negev Energy is building solar powered plants in the southern part of Israel. (Photo : Reuters)The image is a sample of a solar farm that uses energy to heat water.
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported on Wednesday:Billionaire investor Carl Icahn promised Dell Inc shareholders that the company would buy back up to $16 billion of stock if they join his campaign to stop the computer maker from going private.
Antelope Oil Tool and Manufacturing Co. agreed to a buyout deal with Interval Capital. Interval Capital closed the deal to buy Texas-based Antelope Oil Tool and Manufacturing Co.
