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(Photo: Woodside Petroleum)

Oil Search rejects Woodside’s $8 billion offer

Woodside’s bid of one share for every four Oil Search shares, which implied a 14 percent premium, was too low to win investors’ support.
(AP Photo/Matthew Brown, File)

Nearly $8 billion deal to create second largest U.S. utility company

The combined business will include 11 regulated electric and natural gas distribution companies, serving approximately 9 million customers.
(AP Photo/Paul Sakuma)

Calpine to acquire Champion Energy for $240 million

Calpine, one of the nation’s top power generators, will acquire Houston-based Champion and its 180 employees, all of whom will make the switch. Champion has 2.5 million residential customers, many in Texas, and 18,000 commercial and industrial customers.
(Photographer: Patrick Semansky/Bloomberg)

MPLX to buy MarkWest Energy Partners for about $15.8 billion

The proposed deal combines the largest processor of gas in the Marcellus and Utica shale regions of Pennsylvania and Ohio with a growing oil and refined products partnership, according to the statement.

Shell’s $70 billion BG purchase approved by Brazil regulator

Brazil follows the U.S. in approving the industry’s biggest deal in at least a decade. Shell’s purchase at a 50 percent premium, announced in April, gives the Anglo-Dutch company liquefied natural gas assets in Australia and oil and gas fields in Kazakhstan and Brazil.
(Daniel Acker/Bloomberg)

Energy Transfer continues public push to buy rival Williams

Pipeline giant Energy Transfer resumed its public push for a buyout of targeted rival the Williams Cos. late Tuesday, as the Energy Transfer announced it was willing to hand over confidential data to its rival.
(Andrey Rudakov/Bloomberg)

Eurasia Drilling slumps as Russia fails to rule on Schlumberger deal

Russia’s foreign-investment commission met Thursday yet didn’t make a decision on Schlumberger’s bid, Natural Resources Minister Sergei Donskoi said by phone, without giving a reason.
Original byline: Jim Blecha/

Vanguard Natural Resources scoops up smaller Houston rival for $474 million

The most recent deal comes on the heels of Vanguard’s announcement in April that it will acquire LRR Energy LP for more than $250 million.
Oil wells in the Franja del Orinoco region of Venezuela (Houston Chronicle)

Harvest Natural Resources stock spike could signal interest from a buyer

Harvest CEO James Edmiston said a sharp increase in the price of its battered shares could indicate a buyer is looming, but said the company has received no offers.
(Ken Childress/Rosetta Resources)

Noble Energy to buy Rosetta Resources for $2.1 billion

Noble Energy will buy Rosetta Resources in a $2.1 billion deal that gives Noble a footprint in the Eagle Ford and Permian Basin, two of the largest shale plays in the United States.