Anglo American Plc has rebuffed informal approaches by Indian mining and metals tycoon Anil Agarwal, Bloomberg reported, citing people familiar with the matter.
SAO PAULO Brazil's state-run oil company Petroleo Brasileiro SA said in a statement on Thursday it is in exclusive talks for 60 days with Mexico's Alpek over the potential sale of PetroquimicaSuape and Citepe assets in Brazil's northeast.
Dealmaking in the U.S. energy industry improved in the second quarter after five subdued quarters and activity is expected to accelerate in the second half of the year, consultant PwC said in a report on Thursday.
MILAN Moncler's Chief Executive Remo Ruffini, who engineered the renaissance of the Italian skiwear brand, is set to reduce his stake in the company to make way for two new institutional investors.
SINGAPORE Singapore oilfield services firm Swiber Holdings Ltd filed for liquidation facing hundreds of million of dollars in debt and a decline in orders, becoming the biggest local name to fall victim to the slump in oil prices.
NEW YORK For the oil industry, Yahoo Inc's decision this week to sell its core business to Verizon Communications Inc for $4.8 billion does not matter all that much. Their world already changed a few months ago, when the company said it would jettison its messaging system that has been the norm for oil traders since the late 1990s.
WILMINGTON, Del. A U.S. Bankruptcy judge said on Wednesday she would approve Sabine Oil & Gas Corp's plan of reorganization, which would clear the way for the Texas energy producer to exit Chapter 11 after a year-long battle with its creditors.
WILMINGTON, Del. Coal producer Alpha Natural Resources Inc emerged from Chapter 11 bankruptcy on Tuesday with doubts about its long-term prospects and ability to carry out a recent environmental clean-up deal with regulators.
MANILA Pilipinas Shell Petroleum Corp has filed for an initial public offering (IPO) of shares that may raise as much as 29.7 billion pesos ($629 million) in one of the Philippines' largest stock market listings.
MELBOURNE/LONDON Three of the world's top five miners will need to step up asset sales in the second half of this year to meet a $14 billion full-year target as they race to cut debt, with a recent rally in commodities prices seen as short-lived.
It's a tearful night for some Bernie Sanders supporters at this year's Democratic National Convention, as delegates from all 57 U.S. states and territories cast their votes, ensuring Secretary Hillary Clinton the Democratic presidential nomination.