(Kristian Helgesen/Bloomberg)

Shell’s BG deal adds to North Sea job concern after oil collapse

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Shell, employing about 2,400 across the North Sea, targets $2.5 billion of pretax “synergies” a year across the globe from the deal, including staff cuts.
(AFP/Getty Images)

Buying BG will ease Shell’s struggles with scandle-plagued Petrobras

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With Petrobras engulfed in Brazil’s largest ever corruption scandal, BG and other partners are struggling to communicate with the state-controlled producer’s management to address delays to development plans.
(Paul O'Driscoll/Bloomberg News)

Shell sets $70 billion deal to buy BG Group

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Shell said that bringing the two companies together would produce financial gains of about $2.5 billion a year.
(Johnny Hanson/Houston Chronicle file photo)

Halliburton to put drilling business units up for sale to clear Baker Hughes merger

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The Houston oil field services firm said Tuesday it is putting its fixed cutter bits, roller cone drill bits, directional drilling, logging-while-drilling and measurement-while-drilling businesses on the auction block in separate deals.
(Photographer: Andrey Rudakov/Bloomberg)

Royal Dutch Shell in talks to acquire BG Group

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Buying BG would be Shell’s largest acquisition since the $60.3 billion merger of its Dutch and U.K. parent companies in 2005.
Energy Secretary Ernest Moniz (AP Photo/Pablo Martinez Monsivais)

Energy secretary calls Iran nuke deal a “forever agreement”

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Under the agreement, Energy Secretary Ernest Moniz said all plutonium created as a byproduct of Iran’s nuclear power production would be sent out of the country so it couldn’t be used to make weapons.
EV ENERGY PARTNERS, LP LOGO

Houston-based oil and natural gas developer sells Utica stake for $575 million

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EV Energy Partners will sell its 21 percent stake in a system of natural gas gathering and compression facilities in eastern Ohio for $575 million, it announced Monday morning.
(Jerry Lara/San Antonio Express-News)

Willbros says it escaped a potential debt default after reaching a deal with its lenders

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The Houston firm, which builds equipment for oil producers and refiners, agreed to issue 10.1 million shares to lenders in exchange for waivers on certain leverage requirements it might have breached. That represents nearly 17 percent of the firm’s outstanding shares.
(AP Photo/Williston Herald, Jerry Burnes, File)

Warburg is pumping $500 million into a start-up oil producer

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The transaction is only the latest foray of buyout firms into the oil industry, as firms raise billions to take advantage of bargains in the oil patch.
Business deal finalized, congratulations!

Dynegy gets federal OK to buy Duke, Energy Capital plants

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In buying the units, which sell power in competitive wholesale markets, Dynegy will nearly double the company’s electricity generation capacity.