Siemens CEO Joe Kaeser (Getty Images)

European regulators approve Siemens’ $6.6 billion acquisition of Dresser-Rand

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After a four-month probe, European antitrust regulators on Monday gave Siemens AG the nod to make its $6.6 billion play for Dresser-Rand, a Houston company that makes turbo compressors, turbines, valves and other components for the U.S. oil and gas industry.
Workers remove the drill pipe on the drilling floor of Development Driller III, which drilled the relief well and pumped the cement to seal the Macondo well, the source of the Deepwater Horizon rig explosion and oil spill, in the Gulf Of Mexico, off the coast of Louisiana, Saturday, Sept. 18, 2010. (AP Photo/Gerald Herbert)

Greek crisis, Iran talks weigh on crude prices

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Oil prices tumbled Monday as Greek banks shut down ahead of the country’s deadline to avoid a sovereign debt default that could slam European financial markets.
Categories: Crude oil, Deals
(Paul White/(AP photo)

Repsol’s CEO courts skeptical investors after $13 billion deal

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Based on analysts’ target prices, Repsol is expected to underperform the 18-member Bloomberg Intelligence Global Integrated Oil Index. That’s despite it being only one of five companies where profits are predicted to rise next year.
U.S. Secretary of State John Kerry waits for the start of a meeting on Iran's nuclear program with officials from Britain, France, Germany, China, the European Union and Iran at the Beau Rivage Palace Hotel in Lausanne, Switzerland Tuesday, March 31, 2015. (AP Photo/Brendan Smialowski, Pool)

Iran nuclear deal’s final push sees Kerry, Zarif meet in Vienna

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Diplomats have predicted talks will run past the June 30 deadline and that foreign ministers from the other negotiating countries — China, France, Germany, Russia and the U.K. — will need to join in.
Power lines, owned by Energy Future Holdings, near the Lake Hubbard Power Plant near Dallas. (Allison V. Smith/The New York Times)

Energy Future Holdings calls off sale of power business amid $42 billion bankruptcy

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Energy Future filed its $42 billion bankruptcy last year with a plan to break itself in two, giving each part to different sets of creditors. Groups that felt left out of that proposal have been fighting since then.
(Eddie Seal/Bloomberg)

Freeport-McMoRan’s offshore drilling firm going public

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Houston-based Freeport-McMoRan Oil & Gas Inc. could be the first U.S. oil producer to launch an initial public offering this year, a sign that investors are figuring out what values to put on private oil and gas companies amid relatively steady $60 crude.
MARCELLUS SHALE

Vantage Energy said to explore sale after scrapping IPO in 2014

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The Englewood, Colorado-based company is working with Barclays Plc to find a buyer, said the people, who asked not to be identified because the information is private.
(AP Photo/Mikhail Metzel)

BP to pay Rosneft $750 million for part of Siberian oilfield

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Europe’s two biggest oil companies are looking for increased access to Russia’s vast energy reserves and their proximity to the markets of China and Japan
Categories: Crude oil, Deals
par petroleum refinery

PBF Energy snaps up Gulf Coast refinery for $322 million

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PBF Energy on Thursday announced plans to spend $322 million to buy a refinery and pipelines outside of New Orleans in a deal that gives the company a new footprint in the booming Gulf Coast refining corridor.
(AP Photo/Chris Carlson)

NRG spinoff buys into giant California solar farm

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A spinoff of NRG Energy is buying 25 percent interest in the massive new Desert Sunlight Solar Farm in southern California for $285 million.