India, in order to raise funds to narrow the budget deficit, is selling off asset shareholdings in Indian corporations.

JinkoSolar obtains a RMB360 million loan facility from China Development Bank. The leading private venture solar power products manufacturer, JinkoSolar Holding Co Ltd announced the signing of a RMB360 million or US$58 million loan agreement with China Development Bank.

Astorg Partners leads the consortium that will purchase Canberra from Areva. Areva. the top nuclear reactor builder of France announced that it would be selling its nuclear radiation measurement subsidiary to a private equity group.

British Petroleum, in the wake of the 2010 oil spill liabilities, is selling off its wind farm operations in the US reportedly at US$1.5 billion.

Inpex of Japan is the new partner of Statoil SA in the development of the Rovumba basin oil well in Mozambique.

As a result of Australian rules, Dart Energy is forcing to pull out from coal seam gas project in Australia.

Hess Corp. has announced that it is selling its Russian unit, Samara-Nafta, to LUKOIL in a $2.05 billion deal as activist investors besiege the company for a business change

Suncor, with its plan to ship to refineries directly instead of building an upgrading plant assures better returns for shareholders.

Alupar would be raising nearly 1.16 billion reais for its IPO. Alupar Investimento SA is planning to raise 1. 16 billion reais or US$574 million in its initial public offering of shares of stock.

Areva chief executive officer Luc Oursel told French newspaper Le Figaro that they have interest in acquiring nuclear fuel producer Urenco.