Energy Headlines
Rosneft buys rest of Itera from founder for $2.9 billion
MOSCOW - Rosneft , Russia's top oil producer, said on Tuesday it had bought the remaining 49 percent of gas company Itera for $2.9 billion from its founder, furthering its aim of becoming Russia's largest independent gas producer.
Mon, Jul 1 2013
Rosneft's Sechin says no talks to acquire PKN Orlen, Bashneft
MOSCOW - Igor Sechin, the head of Russia's top crude producer Rosneft , on Monday denied reports that the company has been in talks to acquire Poland's PKN Orlen and Russia's mid-sized oil producer Bashneft .
Fri, Jun 28 2013
China set to win Conoco stake in Kashagan: sources
ALMATY/MOSCOW - China is the likely winner of ConocoPhillips' share in Kazakhstan's Kashagan field, giving Beijing a stake in one of the biggest oil finds of the last few decades, three sources familiar with the talks said on Friday.
Thu, Jun 27 2013
SapuraKencana, Seadrill win $2.7 billion Petrobras contract
KUALA LUMPUR - Brazil's state-run oil firm Petrobas SA has awarded a $2.7 billion offshore support vessel contract to Norway's Seadrill and Malaysia's SapuraKencana , the latter firm said on Thursday.
Wed, Jun 26 2013
Argentina's YPF says government made no official offer to Repsol for seizure
MADRID/BUENOS AIRES - Argentine energy company YPF said on Wednesday that the government never made an official offer to compensate Spanish oil major Repsol for last year's state seizure of YPF.
Repsol rejects $5 billion offer from Argentina for YPF
MADRID - Spanish oil major Repsol's board of directors unanimously rejected on Wednesday a $5 billion noncash compensation offer from Argentina for its expropriation of energy firm YPF , saying the offer does not reflect Repsol's loss.
Argentina's YPF says made no official offer to pay Repsol
BUENOS AIRES - Argentine state-controlled oil company YPF said on Wednesday that it made no official offer to pay Spain's Repsol for last year's state takeover of the Buenos Aires-based company.
Lufkin says probe reveals no breach of fiduciary duties on GE deal
- Oilfield pump maker Lufkin Industries said on Wednesday a special committee probe did not reveal any breach of fiduciary duties by its board on GE's takeover deal as alleged by two of its shareholders.
Tue, Jun 25 2013
Marathon Oil to buy back shares with Angola deal proceeds
- U.S. oil and gas company Marathon Oil Corp on Tuesday said proceeds from its $1.5 billion deal to sell its interest in Block 31 offshore Angola to China's Sinopec Group will be used to buy back its shares.
Rosneft's appetite seen unsated despite bid talk denial
MOSCOW - Speculation that Russia's state oil company intends to pursue its buying spree revived on Tuesday, despite a denial from mid-sized oil firm Bashneft that it is Rosneft's latest target.
McCain, Biden coming together for Sedona, Arizona forum
These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.
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