Mergers & Acquisitions
France's Engie has sold a 20-percent stake in a North Sea oilfield for an undisclosed sum to Wellesley Petroleum, a Norwegian oil firm with private equity backing, it said on Tuesday.
Faced with record low prices for heavy crude, Canadian energy companies are sacrificing other parts of their business to keep higher-cost oil sands production going
Oil and gas producer Warren Resources Inc warned it would have to seek bankruptcy protection, if it fails to reach a debt restructuring agreement.
The company had deferred a $7.
Oil and gas producer WPX Energy Inc said it would sell natural gas assets in Colorodo's Piceance basin for $910 million to boost its liquidity amid a prolonged slump in oil prices.
Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from
R&M Ship Technologies USA, Inc. has merged Sea Level Marine, LLC. in efforts to increase the range of services offered to the company’s global client base. By aligning resources,
Anglo American's chief executive said on Monday the mining industry had itself to blame for oversupply in the market and cannot rely on a reversal of the commodities price slump anytime soon.
Companies seek to safeguard growth for when market recovers.
As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades,
Marks first wind investment by Allianz in USA; combined volume at more than 600 mln euros.
Allianz and Bank of America are investing in two onshore wind parks developed by French utility EDF,
Sound Energy, the Mediterranean and European focused upstream gas company, announces that it has signed a binding agreement with Oil & Gas Investment Fund S.A.S
The container shipping industry is faced with the challenge of ever-decreasing freight rates that can only be served viably with larger, more efficient vessels.
Rosneft is in talks with "Gazprom" to buy back its stake in the joint venture - the largest producer of gas, "Purgas".
Experts argue that such a deal would solve
Siemens UK & Ireland has formed a strategic partnership with oil and gas control system specialist, EFC Group, in a collaboration which promises to deliver innovative,
Today Mitsubishi Heavy Industries, Ltd. (MHI) decided in principle to launch a new wholly owned entity to integrally oversee its current businesses in material
The merger between China Shipping group and the Cosco Group has given rise to a mammoth company that could trigger stability and extended consolidation in the global shipping industry,
China's COSCO already the sole bidder for Greece's Piraeus Port. Buying both would give COSCO a European transhipment hub.
China's COSCO is expected to make
The European Union executive on Friday cleared the purchase of equipment maker Cameron International Corp by Schlumberger, the world's No.1 oilfield services provider.
BG beats 2015 production target thanks to Brazil, Australia.
Britain's BG Group, in its last results update before its takeover by Shell, reported a 22 percent
Xylem Inc., a global water technology company dedicated to solving water issues, has acquired Tideland Signal Corporation, a privately owned company specializing
Norway's Statkraft is still considering investing in a 1,000-megawatt (MW) onshore wind power development at home despite scaling back its international ambitions to pay a full dividend,