Posts filtered on Tag
Ninety-nine percent of BG Groups shareholders approved the deal.
Oil Search tumbled 16 percent at the close in Sydney, the most in seven years, while Woodside slumped to the lowest in a decade.
Oil field services giant Halliburton has resubmitted a filing to antitrust regulators in the European Union as it presses forward with plans for a $35 billion deal to acquire rival Baker Hughes.
Beijing-based PetroChina’s board approved a plan to sell a 50 percent stake in Trans-Asia Gas Pipeline Co. to a unit of state-owned China Reform Holdings Corp.
The new business unit is heavily focused on wind power and turbine manufacturing.
The $60 million deal will help boost Direct’s offering to help businesses and industrial plants better manage and monitor their energy usage.
Marathon Petroleum Corp. has upped the cash offer by $400 million in its pending, multibillion-dollar acquisition of Denver-based MarkWest Energy Partners. Marathon was prompted to offer the cash sweetener on Wednesday after watching the stock values for both MarkWest and its MPLX pipeline spinoff, the acquiring company on the deal, fall dramatically since July. In that time, the total […]
Apache Corp. shares climbed as much as 13 percent on Monday.
Should the deal fall through, Halliburton plans to use the proceeds from the notes to pay for general corporate purposes.
The deal will have Targa Resource Corp. purchase the company it indirectly controls, Targa Resources Partners.