Rosneft CEO Igor Sechin told shareholders in its annual meeting on Thursday that the $13 billion take-over of Essar Oil is now considered closed, after final clearance given by the Indian company’s lenders.
INEOS’s $1.3 billion acquisition of all DONG Energy’s assets in the North Sea has been cleared by the European competition watchdog in less than a month since the transaction was announced, Kallanish Energy reports.
Australia-based mining giant Rio Tinto has selected Yancoal as preferred buyer of its Coal & Allied Industries unit for up to $2.45 billion, rejecting a counterbid launched by Glencore for its Australian unit.
UK’s utility company Centrica, also owner of British Gas, announced on Wednesday it’s selling two combined cycle gas turbine (CCGT) power stations to EP UK Investments (EPUK) for £318 million ($402 million) in cash, Kallanish Energy learns.
Italian gas infrastructure company Snam is reportedly negotiating with EDF’s Italian unit, Edison, the purchase of a 7.3% stake in a liquefied natural gas (LNG) terminal in northern Italy as part of its LNG business expansion plans.
Fort Worth, Texas-based independent Lonestar Resources US has closed on its previously announced in $110 million of Eagle Ford Shale acquisitions in Karnes, Gonzales, DeWitt, Lavaca and Fayette counties in Texas.
New York-based Hess Corp. agreed to sell its interests in enhanced oil recovery (EOR) assets in the Permian Basin to Occidental Petroleum Corporation for $600 million, effective June 1, the company said on Monday.
French renewables developer EDF Energies Nouvelles announced Monday it will acquire an 80% stake in a 115-megawatt (MW) solar photovoltaic project, under construction in south-east Brazil, from Canadian Solar Inc, Kallanish Energy reports.