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.
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.
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.
Pennsylvania-based independent oil and gas producers EQT Corporation and Rice Energy announced Monday they have entered into an estimated $8.2 billion merger agreement, in which EQT will acquire all of Rice’s upstream assets and a 92% share in its midstream assets.
French energy company Engie is reportedly seeking some 33 billion rupees ($512 million) in a 10% stake at India’s largest importer of liquefied natural gas (LNG), Petronet LNG, as part of its divestment plan.
The proposed acquisition of U.S. oilfield service company Baker Hughes by GE will not harm competition in the relevant markets, Kallanish Energy learns from the European Union’s competition watchdog on Wednesday.
Petrochemical giant INEOS said on Wednesday it will purchase all the assets owned by Danish DONG Energy in the North Sea in a $1.3 billion deal which includes three oil and gas fields in Denmark, Norway and UK waters, Kallanish Energy reports.