Energy Headlines

UPDATE 1-Outbid in copper, Mick Davis turns to coal to try for X2's first deal

* Sources doubt X2 ability to close first deal (Adds comments from second source, X2)

Outbid in copper, Mick Davis turns to coal to try for X2's first deal

LONDON, June 30 - X2 Resources, the private equity fund set up by former Xstrata boss Mick Davis, is now in initial bi-lateral talks to buy some of Rio Tinto's Australian coal assets, a source close to the situation said on Tuesday.

UPDATE 2-Cenovus to sell royalty portfolio to Ontario Teachers' for C$3.3 bln

TORONTO, June 30 - Cenovus Energy Inc, Canada's second-largest independent oil producer, said on Tuesday it has agreed to sell its portfolio of oil and gas royalty properties to Ontario Teachers' Pension Plan for about C$3.3 billion ($2.66 billion).

BRIEF-Gulfsands to raise up to $22 mln via institutional placing and open offer

* Following update with regard to a proposed financing and assignment of $20 million facility agreement with Arawak Energy Bermuda Limited

Mon, Jun 29 2015

Deals of the day- Mergers and acquisitions

June 29 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

Fri, Jun 26 2015

UPDATE 1-GE asset sales, other mega deals may jolt Canadian league tables

TORONTO/NEW YORK, June 26 - General Electric Co's sale of its finance assets is set to shape and potentially shake-up Canadian M&A league tables this quarter as bankers scramble to get deals across the finish line before the end of June.

GE asset sales, other mega deals may jolt Canadian league tables

TORONTO/NEW YORK, June 26 - General Electric's sale of its finance assets is set to shape and potentially shake-up Canadian M&A league tables this quarter as bankers scramble to get deals across the finish line before the end of June.

Deals of the day- Mergers and acquisitions

June 26 - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

UK online pioneer hopes to strike oil with new tech venture

LONDON, June 26 - One of the three founders of pioneering British online grocery retailer Ocado, which has warehouses but no stores, has taken control of a Silicon Valley-based firm with a similarly unique approach to the exploration for natural resources.

Thu, Jun 25 2015

Total in talks to sell UK pipeline to U.S. buyout group ArcLight -Bloomberg

June 25 - French oil major Total is in talks to sell its gas pipeline in the UK's North Sea to ArcLight Capital partners, a U.S.-based private equity firm focused on energy infrastructure, Bloomberg reported citing people familiar with the matter.