Wed, Jul 31 2013
Melrose launches $1 billion Crosby sale: sources
NEW YORK/LONDON - UK turnaround specialist Melrose Industries is moving ahead with the sale of its U.S. lifting unit Crosby worth about $1 billion and is expected to receive first-round bids in mid-August, three sources familiar with the matter said.
Fri, Jul 26 2013
Repsol eyes sale of $6 billion Gas Natural stake after Shell deal
MADRID - Spanish oil group Repsol paved the way for the eventual sale of its $6 billion stake in utility Gas Natural Fenosa , acknowledging its rationale would dwindle once another planned disposal is completed.
Thu, Jul 25 2013
Russia's Rosneft seeks Azeri gas field stake: sources
BAKU/MOSCOW - Russian oil major Rosneft is seeking a stake in Azerbaijan's Absheron gas project, sources close to the talks said, in the latest move that may help it become a competitor of Russia's gas exporter Gazprom .
Wed, Jul 24 2013
Hess, PetroChina sign China's first shale oil deal
BEIJING - U.S. energy company Hess Corp has signed a production- sharing contract with PetroChina , China's first joint agreement to develop a shale oil block, the companies said on Wednesday.
UK police probing Shell, ENI Nigerian oil block deal
LAGOS - British police are investigating a money-laundering allegation related to a big oil field bought by Shell and ENI from Nigeria for $1.3 billion, after most of the cash they paid ended up in a company linked to a former Nigerian oil minister.
Tue, Jul 23 2013
Analysis: Argentina shows new pragmatism with Chevron deal
BUENOS AIRES - After years of nationalist rhetoric and protectionist policies, Argentina is seeking to lure foreign investment to its Vaca Muerta shale oil and gas field in an bid to jumpstart the country's energy sector and reverse a decline in output.
Thu, Jul 18 2013
Apache selling some U.S. Gulf holdings for $3.75 billion
- Apache Corp said on Thursday it will sell its Gulf of Mexico shelf assets for $3.75 billion to Fieldwood Energy LLC in a deal that will allow the U.S. oil and gas company to focus on growth from its U.S. onshore assets.
Tue, Jul 16 2013
Chevron, Argentina's YPF sign $1.24 billion Vaca Muerta shale deal
BUENOS AIRES - U.S. oil company Chevron Corp signed an agreement with Argentina's YPF on Tuesday to invest $1.24 billion in the Vaca Muerta shale oil and gas formation, thought to be one of the biggest reserves in the Western Hemisphere.
Chevron, Argentina's YPF sign $1.24 billion Vaca Muerta shale deal
BUENOS AIRES - U.S. oil company Chevron signed an agreement with Argentina's YPF on Tuesday to invest $1.24 billion in the vast Vaca Muerta shale oil and gas formation, thought to be one of the biggest reserves in the western hemisphere.
Glencore puts $5 billion Las Bambas project up for sale
LONDON - Glencore Xstrata formally put its $5 billion-plus Las Bambas copper project in Peru up for sale on Tuesday, in line with a demand made by China's Ministry of Commerce in April.
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.


