Oil and gas group Total said on Tuesday its Societe Cray Valley business, the French offshoot of its resins operations, was not up for sale. Reuters reported earlier in October that Total was launching a sale of its...
SEC fines Andeavor $20 million for inadequate controls over stock buyback plan
U.S. refiner Andeavor LLC agreed to pay $20 million in penalties to the Securities and Exchange Commission (SEC) for inadequate controls over a stock buyback plan it executed while it was in talks to be bought by...
ConocoPhillips in talks to buy Concho Resources: Bloomberg News
U.S. oil producer ConocoPhillips is in talks to acquire shale producer Concho Resources Inc, Bloomberg News reported on Tuesday, citing people familiar with the matter. The companies may announce a deal in a few weeks...
ONGC chairman says will look at HPCL and MRPL merger after June 2021
State-owned Oil and Natural Gas Corp (ONGC) is likely to look at merging its two oil refining subsidiaries, Hindustan Petroleum Corp Ltd (HPCL) and Mangalore Refinery and Petrochemicals Ltd (MRPL), post-June 2021, its...
Irving Oil terminates purchase of North Atlantic Refinery Limited
Canada-based oil refinery operator Irving Oil on Tuesday said it has terminated an agreement for the purchase of North Atlantic Refinery Limited. Irving made the announcement on its website. In May, it had agreed to buy...
Chrysaor to take over Premier Oil, creating UK North Sea’s biggest producer
Private equity-backed Chrysaor has agreed a reverse takeover of Premier Oil, the firms said on Tuesday, creating the British North Sea’s largest oil and gas producer at a time the sector is facing a sharp decline...
Wilks Brothers raises hostile offer for oilfield firm Calfrac
Calfrac Well Services Ltd investor Wilks Brothers LLC on Monday raised its hostile bid for the oilfield services company to as much as 25 Canadian cents per share from a prior 18 Canadian cents. Calfrac last month...
Weir Group to sell oil & gas division to Caterpillar, shares surge
Weir Group Plc said on Monday it had agreed to sell its oil and gas division to U.S. heavy equipment maker Caterpillar Inc for $405 million in cash, as the engineering company focuses on its mining business. Shares of...
Noble Energy shareholders approve $4.1 billion sale to Chevron Corp
Noble Energy shareholders on Friday approved a deal to sell the oil and gas producer to Chevron Corp, making Chevron the No. 2 U.S. shale oil producer and giving it international natural gas reserves close to growing...
Noble Energy shareholders approve $4.1 billion sale to Chevron
Noble Energy shareholders on Friday approved a deal to sell the oil and gas producer to Chevron Corp, making Chevron the No. 2 U.S. shale oil producer and giving it international natural gas reserves close to growing...
Golar Power offers top bid for Petrobras’s LNG terminal – sources
Golar Power Ltd has submitted the top bid for a highly-sought-after liquefied natural gas import terminal being leased by Brazil’s state-run energy firm Petrobras, two people with direct knowledge of the matter said...
Noble Energy shareholders likely to approve $4.2 billion Chevron deal
Noble Energy Inc shareholders on Friday are expected to approve its sale to Chevron for about $4.2 billion in stock, cementing the first big energy deal since the coronavirus crushed global fuel demand. The purchase...
