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News31 to 40 on 1970    ·   · 1   2   3   4   5   6   7   8   9   10   ·  ·   
 31 3 / 8 / 2010  BP
 
 BP Agrees to Sell Colombian Business to Ecopetrol and Talisman to a consortium of Ecopetrol, Colombia's national oil company (51 per cent), and Talisman of Canada (49 per cent). The two companies will pay BP a total of $1.9 billion in cash, subject to customary post-completion price adjustments. The sale of the Colombian business is part of BP's plan, announced on July 27, to divest up to $30 billion of assets over the next 18 months.

Oil - South America
Colombia - Exploration - Finance - BP
 
 32 20 / 7 / 2010  BP
 
 BP Signs North America and Egypt Asset Deals with Apache. Several agreements to sell upstream assets in the United States, Canada and Egypt to Apache Corporation. The deals, together worth a total of $7 billion, comprise BP’s Permian Basin assets in Texas and south-east New Mexico, US; its Western Canadian upstream gas assets; and the Western Desert business concessions and East Badr El-din exploration concession in Egypt. The decision to make these divestments follows the announcement made by BP last month that it was increasing its target for divestments to $10 billion. The proceeds of the sales will be used by BP to increase the cash available to the group.

Oil - International
 - Production - Finance - BP
 
 33 19 / 7 / 2010  Chevron
 
 Chevron and KOGAS Sign Major LNG And Equity Agreements for the Wheatstone Project. Under the HOA, KOGAS expects to purchase 1.5 million tons per annum (MTPA) of LNG for up to 20 years from the Wheatstone project participants. In addition to being a foundation customer of the Wheatstone project, KOGAS signed an equity HOA to acquire a 5 percent interest in each of Chevron’s Wheatstone field licenses and in the Wheatstone project LNG and domestic gas processing facilities.

Natural gas - Asia
Australia - Liquefaction - Trade - Chevron
 
 34 15 / 7 / 2010  UNEP
 
 Global Trends in Green Energy 2009: New Power Capacity from Renewable Sources Tops Fossil Fuels. In 2009, for the second year in a row, both the US and Europe generated more power capacity from renewable sources such as wind and solar than from conventional sources like coal, gas and nuclear, according to twin reports launched today by the United Nations Environment Programme and the Renewable Energy Policy Network for the 21st Century (REN21).

Renewable - International
 - Market - Statistics - UNEP
 
 35 7 / 7 / 2010  Total
 
 Total signs an agreement to acquire UTS Corporation with its 20% interest in the Canadian Fort Hills project in view of reorganizing its oil sands portfolio. The cost of the acquisition for Total amounts to approximately CAD 1.15 billion (ie CAD 2.35 per share). The Fort Hills project is operated by Canada’s Suncor Energy Inc. with a 60% interest, the remaining 20% held by Teck Resources Ltd.

Oil - North America
Canada - Production - Finance - Total
 
 36 30 / 6 / 2010  Total
 
 Yemen : Total Acquires a 36% Interest in the Block 72. Total and the original partners — DNO, TG Holdings Yemen Inc., Ansan Wikfs (Hadramaut) Limited and The Yemen Company (TYC) — plan to drill an exploration well in the fourth quarter of this year.

Oil - Middle East
Yemen - Exploration - Finance - Total
 
 37 30 / 6 / 2010  Total
 
 Brazil: Total acquires a 20% interest from Shell in the BM-S-54 license, an exploration block in the pre-salt area of the Santos Basin. Shell holds the remaining 80% and keeps the operatorship.

Oil - South America
Brazil - Exploration - Finance - Total
 
 38 25 / 6 / 2010  Total
 
 SAUDI ARAMCO TOTAL Refining and Petrochemical Company (SATORP; 62.5% owned by Saudi Aramco and 37.5% owned by TOTAL) completes US$8.5 Billion project financing for Jubail Refinery. The full-conversion refinery will maximize production of diesel and jet fuels and will also produce 700,000 metric tons per year (t/y) of paraxylene, 140,000 t/y of benzene and 200,000 t/y of polymer-grade propylene.

Oil - Middle East
Saudi-Arabia - Refinery - Project - Total
 
 39 25 / 6 / 2010  ConocoPhillips
 
 ConocoPhillips completed the previously announced $4.65 billion sale of its 9.03 percent interest in Syncrude with subsidiaries of Sinopec International Petroleum Exploration and Production Company (SIPC).  

Oil - North America
Canada - Production - Finance - ConocoPhillips
 
 40 23 / 6 / 2010  Total
 
 Total and Amyris to build a strategic partnership for biomass-based fuels and chemicals. Total has agreed to acquire approximately 17% equity interest in Amyris on a fully diluted basis, and will have the right to appoint a member of the Amyris Board of Directors. Under their collaboration agreement, Total and Amyris R&D teams will work together to develop new products and build biological pathways to produce and commercialize renewable fuels and chemicals.

Renewable - International
 - Biofuel - Finance - Total
 
News31 to 40 on 1970    ·   · 1   2   3   4   5   6   7   8   9   10   ·  ·   


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