Business & Financial News, Breaking US & International News | Reuters
United States

Integrated Oil & Gas

Page 2

Total CEO says has no plan to sell Hutchinson unit

Tuesday, 24 May 2016 05:51am EDT

Total SA Chief Executive Patrick Pouyanne: Says Total has no plan as of today to sell its Hutchinson specialty chemicals unit Further company coverage: [TOTF.PA] (Reporting by Paris Newsroom) ((; +33 1 49 49 54 52;)).

Keyera enters into montney area midstream agreements

Monday, 16 May 2016 02:11pm EDT

Keyera Corp : Keyera enters into Montney area midstream agreements . Expects total cost of project to be approximately $600 million, with operations of first phase targeted to start up in mid-2019 . Project will be designed to process up to 300 million cubic feet per day of sour gas and 25,000 barrels per day of field condensate . Is also evaluating options for a pipeline connection to Keyera's Wapiti raw gas gathering pipeline and Simonette gas plant . Gas processing facilities are expected to be constructed in phases of 150 million cubic feet per day of capacity . Acquired main project site, all third-party engineering work completed for project to date and acid gas injection well for about $19 million .Is also negotiating with other producers in area to commit additional volumes.

FAS allows Tatneft to receive controlling stake in Bank Zenit

Tuesday, 10 May 2016 09:43am EDT

Russia's Federal Antimonopoly Service (FAS): Says decided to approve Tatneft application for acquisition 36.401348171 pct voting shares of Bank Zenit .Together with shares held by its unit Tatneft Oil AG, Tatneft to have 51 pct of Bank Zenit voting shares.

Total to acquire Saft Groupe, valuing equity at 950 million euros

Monday, 9 May 2016 02:51am EDT

Total SA : Proposed acquisition of Saft Group by Total . Proposed offer will target all of Saft's issued and outstanding shares at a price of 36.5 euro per share . Offer price represents a 38.3 percent premium above Saft's claosing share price of 26.4 euro on May 6 . Value Saft equity at 950 million euros . The supervisory board of Saft has unanimously approved the friendly takeover by Total and considers the proposed transaction to be in line with the interests of the company .Supervisory board has also announced its intention to recommend that its shareholders tender their shares.

Turcas Petrol AS unit reaches agreement to buy 46 pct in Turcas BM Kuyucak

Thursday, 5 May 2016 08:34am EDT

Turcas Petrol AS:Wholly owned unit Turcas Enerji Holding has reached an agreement with BM Muhendislik ve Insaat regarding acquisition of 46 percent stake in Turcas BM Kuyucak Jeotermal Elektrik Uretim.The exact price for the acquisition to be determined by parties according to USD/TRY exchange rate on stock transfer date and payment schedule, which is 10.9 million lira plus $2.1 million as of May 5.Unit Turcas Enerji Holding currently holds 46 percent of Turcas BM Kuyucak Jeotermal and will increase its share to 92 percent with the acquisition.Turcas Petrol will become indirect majority shareholder of Turcas BM Kuyucak after the transaction.

ANK Bashneft' OAO acquires 100 pct stake in Ufaorgsintez PAO

Monday, 4 Apr 2016 09:52am EDT

Ufaorgsintez PAO:ANK Bashneft' OAO acquires 100 pct stake in company.


  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary

Analyst Research

Report Title Price
Provider : Wall Street Transcript ,The
Provider : GlobalData
Provider : Pechala's Reports
Provider : GlobalData
Provider : Prime Equity Research

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.