Integrated Oil & Gas
Italian oil and gas group Eni Chief Financial Officer Massimo Mondazzi tells an analyst call: 60 percent of the 5-7 billion euro disposal target will be in 2017-2018 . there will be a transaction in the weeks to come . sale of gas & power business and Saipem stake not included in disposal targets Further company coverage: [ENI.MI] (Reporting by Milan newsroom).
Italian oil and gas major Eni says: its Versalis unit and Sonatrach have signed a Memorandum of Understanding (MoU) to carry out joint feasibility studies for a petrochemical complex to be built in Algeria Further company coverage: [ENI.MI] (Reporting by Milan newsroom).
Chinese Energy Holdings Ltd <8009.HK>: On 18 January 2017 purchaser entered into sale and purchase agreement with vendor and guarantor . Deal for HK$160 million .purchaser is All Profit Limited, guarantor is All Champion Holdings Limited.
Jinan Diesel Engine Co Ltd <000617.SZ> :Says it completes full acquisition of financial assets in China National Petroleum Corporation (CNPC) via cash, asset swap and share issue.
Chinese Energy Holdings <8009.HK> : Purchaser and vendor entered into an agreement of termination . Termination of would have no material adverse impact on financial and operational position of group as a whole .Letter of intent was terminated with effect on 9 Dec and refundable deposit of HK$50 million will be refunded to purchaser.
Nk Rosneft' Pao
Maha Energy: notification from Brazil National Oil Agency of clearance to close acquisition of Operator of Tartaruga field in Brazil
Maha Energy Ab
Eni CEO Claudio Descalzi says: hopes to sell stake in either Egypt's Zohr field or Mozambique Area 4 field this year - "let's hope we get a nice present at Christmas, either one or the other" . listing of Versalis chemicals unit cannot be ruled out in the future, right now is not the moment Further company coverage: [ENI.MI] (Reporting by Milan newsroom).
ROSNEFT AND INVESTMENT CONSORTIUM OF TRAFIGURA & UCP SIGN AGREEMENTS TO ACQUIRE 98 PCT IN ESSAR OIL ESSAR SAYS TRANSACTION INCLUDES $10.9 BLN FOR ESSAR’S REFINING, RETAIL ASSETS, AND $2 BLN FOR VADINAR PORT, OTHER INFRASTRUCTURE (Mumbai Newsroom) ((+91 22 6180 7200;)) Keywords:.