Tag: asset sale

Caspian sale slims ConocoPhillips

ConocoPhillips is selling its stake in the enormous Kashagan offshore field in Kazakhstan in a $5 billion deal, the latest move to shrink and streamline its businesses, the corporation announced Monday.  More »

Analysts raving about BP’s latest asset sale

BP’s Monday announcement of a $5.5 billion sale for several Gulf of Mexico properties has brought praise from analysts for the price commanded, as it moves closer to its target $38 billion asset divestment by the end of 2013.  More »

Three Euro companies to bid on Anadarko’s Brazilian business

Three European oil companies are preparing to bid on Anadarko’s Brazilian offshore exploration business, according to London’s Financial Times  More »