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News1 to 10 on 293    ·   · 1   2   3   4   5   6   7   8   9   10   ·  ·   
 1 28 / 11 / 2010  BP
 
 BP Agrees to Sell its Interests in Pan American Energy to Bridas Corporation. PAE is an Argentina-based oil and gas company owned by BP (60 per cent) and Bridas Corporation (40 per cent). Bridas Corporation will pay BP a total of $7.06 billion in cash for BP’s 60 per cent interest in PAE. The transaction is expected to be completed in 2011.

Oil - South America
Argentina - Production - Finance - BP
 
 2 25 / 8 / 2010  Shell
 
 Shell and Cosan sign joint venture (A US$12-billion joint venture). The proposed joint venture, which still requires regulatory approval, will produce and commercialise ethanol and power from sugar cane and distribute a variety of industrial and transportation fuels through a combined distribution and retail network in Brazil. It will also explore business opportunities to produce and sell ethanol and sugar globally. The inclusion of Shell’s equity interests in Iogen Energy and Codexis would enable the joint venture to deploy next generation biofuels technologies in the future.

Renewable - South America
Brazil - Biofuel - Finance - Shell
 
 3 28 / 3 / 2010  Shell
 
 Shell agrees sale of New Zealand downstream assets to a consortium of Infratil and the Guardians of New Zealand Superannuation. Shell will sell its 17.1% shareholding in the 104,000-barrel per day refinery at Marsden Point and also its network of more than 220 retail stations. Shell will receive a cash payment of NZ$696.5 million together with a working capital adjustment.

Oil - Asia
New-Zealand - Refinery - Finance - Shell
 
 4 4 / 2 / 2010  BP
 
 BP has received an offer from Delek Europe B.V., one of the largest fuel retailers in Europe and a subsidiary of the Delek Group Ltd, to buy its French retail fuels and convenience business including selected fuels terminals. The proposed purchase price is €180million (approximately US$251 million), in cash, subject to working capital adjustments.

Oil - Western Europe
France - Distribution - Finance - BP
 
 5 3 / 2 / 2010  Statoil
 
 Statoil's board of directors has unanimously decided to evaluate a new ownership structure for the group's energy and retail business.

Oil - Western Europe
Norway - Distribution - Finance - Statoil
 
 6 1 / 2 / 2010  Shell
 
 Shell and Cosan sign MOU to form joint venture in Brazil; intention to form a circa $12 billion joint venture (JV) in Brazil for the production of ethanol, sugar and power, and the supply, distribution and retail of transportation fuels.

Renewable - South America
Brazil - Biofuel - Finance - Shell
 
 7 26 / 11 / 2009  EDF
 
 EDF acquires Centrica’s 51% stake in the Belgian electricity company SPE – Luminus and Centrica acquires 20% of Lake Acquisitions, the holding company which owns 100% of British Energy, as well as 20% of the EDF project company created especially for the construction of new nuclear energy plants in the UK.

Nuclear - Western Europe
United-Kingdom - Power - Finance - EDF
 
 8 3 / 9 / 2009  Suncor Energy
 
 Suncor Energy Inc. reported today that it is on track to meet or exceed operating and capital efficiency targets following the company’s merger with Petro-Canada. When the merger plan was announced in March, the companies estimated that the combination would yield annual reductions of $300 million in operating expenditures and $1 billion in capital expenditures.

Oil - North America
Canada - Production - Finance - Suncor Energy
 
 9 30 / 6 / 2009  Eni
 
 Eni completes the euro 4.5 billion sale of Italgas a leading operator in gas distribution in Italy, and Stogit, the leading operator in natural gas storage in Italy. Snam Rete Gas paid €1,587 million for the sale of Stogit and €2,922 million for the sale of Italgas.

Natural gas - Western Europe
Italy - Distribution - Finance - Eni
 
 10 26 / 6 / 2009  BP
 
 BP to Sell Fuels Business in Greece. BP has agreed today to sell its ground fuels marketing business in Greece to Hellenic Petroleum for €359m ($500m) subject to various adjustments at closing.

Oil - Western Europe
Greece - Distribution - Finance - BP
 
News1 to 10 on 293    ·   · 1   2   3   4   5   6   7   8   9   10   ·  ·   


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