U.S. Fury at BP Stirs Backlash Among British
BP may be Public Enemy No. 1 in the United States, but in Britain, where the company is a mainstay of the stock market and a favorite of pension funds, investors and politicians are becoming...
View ArticleNoble Corporation to Buy Frontier for $2.2 Billion
The Noble Corporation said on Monday it would buy Frontier Drilling for $2.16 billion in cash and struck $4 billion worth of new contracts with Royal Dutch Shell, The Associated Press reported.
View ArticleHave Investors Unfairly Punished Exxon?
While disgruntled investors have wiped more than $40 billion off the value of Exxon Mobil since its splurge on the gas giant XTO Energy, it would be wrongheaded to assume that XTO has zero value,...
View ArticleShell Sells Norwegian Field for $225 Million
Royal Dutch Shell says it has agreed to sell its stake in the Statfjord oil field in the Norwegian North Sea and several related assets to Centrica Resources for $225 million, The Associated Press...
View ArticleShell to Sell $3.3 Billion Stake in Woodside
Royal Dutch Shell said Monday that it would sell almost a third of its interest in Woodside Petroleum for about $3.3 billion, nine years after it failed to take over the company.
View ArticleRobert Klap to Join Platinum Equity
The private equity firm run by the billionaire investor Tom Gores said Robert Klap would join the firm as a principle, playing an important role in investor relations and capital raising in Europe.
View ArticleBP Used Boutique Firm as Adviser on Partnership With Rosneft
A former investment banker and his small firm advised BP on a partnership with Rosneft of Russia to explore the Russian Arctic.
View ArticleK.K.R.’s Energy Billionaires Club
Several oil-and-gas magnates have made billions of dollars on their shale deals with the private equity firm Kohlberg Kravis Roberts.
View ArticleShell to Buy Cove Energy for $1.6 Billion
Royal Dutch Shell has agreed to buy the oil exploration company Cove Energy for £992 million as it looks to expand into East Africa in search of new energy reserves.
View ArticlePTT Makes Rival Bid for Cove Energy
The Thai oil and gas company PTT Exploration and Production said on Friday that it had submitted a rival $1.7 billion bid for energy exploration Cove Energy, trumping a previous offer from Royal Dutch...
View ArticleShell Lifts Cove Energy Bid to $1.8 Billion
Royal Dutch Shell has increased its offer for the oil and natural gas exploration company Cove Energy, in an effort to expand into the fast-growing natural gas industry in East Africa.
View ArticlePTT Outbids Royal Dutch Shell for Cove Energy
The oil and natural gas exploration company Cove Energy has accepted a $1.91 billion takeover offer from PTT Exploration and Production of Thailand, which trumps a rival bid from Royal Dutch Shell.
View ArticleShell Extends Deadline for Cove Energy Bid
The energy giant pushed back the deadline for its $1.7 billion takeover offer for Cove Energy, an oil and gas exploration company, to June 27.
View ArticleChesapeake Energy to Sell Assets for $6.9 Billion
The Chesapeake Energy Corporation said on Wednesday that it had agreed to a series of asset sales as part of an effort to reduce its considerable debt burden.
View ArticleShell Buys U.S. Shale Gas Assets for $4.7 Billion
Royal Dutch Shell, the Anglo-Dutch oil and gas producer, said Friday that it had struck a deal to buy most of the assets of East Resources for $4.7 billion in cash, moving into the growth sector of...
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