Baker Hughes, BJ Services to reconvene meetings at end of month about sale Shareholders of oil services company Baker Hughes Inc. and BJ Services Co. voted Friday to adjourn their meetings until the end of the month, as both sides continue to ...
SYDNEY (Reuters) - Australia's Arrow Energy Ltd <AOE.AX> asked for trading in its shares to be suspended on Friday, stoking speculation that Royal Dutch Shell <RDSa.L> and PetroChina <0857.HK> would sweeten their joint $3 billion offer for the coal-seam gas producer. Arrow's ...
Mexico's state-owned Pemex oil company said that the new oil fields it discovered two years ago in the Gulf of Mexico could yield more than two billion barrels of oil. Pemex director Juan Jose Suarez said the Ayatzil-Tekel reserves consisted of heavy ...
CALGARY, Alberta (Reuters) - Steam-driven projects to extract crude from Canada's oil sands, often held up as more environmentally friendly than mining, have major drawbacks of their own that require more stringent regulation to fix, an environmental think tank said on Wednesday. ...
PERTH (Reuters) - Australia's Arrow Energy is set to reject as too low a $3 billion joint takeover offer from Royal Dutch Shell and PetroChina, a newspaper reported, a move that could prompt the bidders to return with a higher, hostile bid. ...
Major Chinese oil firm CNOOC paying $3.1 billion to form joint-venture in South America Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine energy firm, helping ...
BP to buy exploration rights in Gulf of Mexico and Brazil from Devon Energy for $7 billion BP is expanding its dominant oil and gas operations in the Gulf of Mexico and dropping anchor off Brazil with a $7 billion deal to ...
British oil giant BP said Thursday it would pay US firm Devon Energy 7.0 billion dollars (5.1 billion euros) for assets in Brazil, Azerbaijan and the Gulf of Mexico. "BP today announced a transaction that will deliver a material exploration position in ...
British oil giant BP said Thursday it will pay US firm Devon Energy 7.0 billion dollars (5.1 billion euros) for assets in Brazil, Azerbaijan and the Gulf of Mexico. "BP today announced a transaction that will deliver a material exploration position in ...
