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Eni says 60 pct of disposal target will be in 2017-2018

Wednesday, 1 Mar 2017 07:00am EST

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).

Eni, Sonatrach to study petrochemical complex in Algeria

Thursday, 26 Jan 2017 06:48am EST

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 says indirect unit signed sale and purchase agreement

Wednesday, 18 Jan 2017 09:18am EST

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 completes acquisition of financial assets in CNPC

Wednesday, 28 Dec 2016 02:39am EST

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 terminates letter of intent in relation to possible acquisition

Friday, 9 Dec 2016 07:06am EST

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.

Rosneft says Moscow bourse registers its rouble bond programme

Friday, 2 Dec 2016 02:16am EST

Nk Rosneft' Pao : Russia's Rosneft says the Moscow bourse registers its rouble bond programme worth 1.07 trillion roubles ($16.71 billion) . Rosneft, which is preparing to buy 19.5 percent of its own shares from the state in a share buyback, said earlier this month that the money raised from the bonds might be used for overseas projects, new upstream business and planned refinancing. [nL8N1DP24B] Further company coverage: [ROSN.MM] ($1 = 64.0373 roubles) (Reporting by Christian Lowe) ((christian.lowe@thomsonreuters.com;)).

Maha Energy: notification from Brazil National Oil Agency of clearance to close acquisition of Operator of Tartaruga field in Brazil

Tuesday, 29 Nov 2016 02:01am EST

Maha Energy Ab : Announces notification from the Brazil National Oil Agency of clearance to close acquisition of the operator of the Tartaruga field in Brazil . ANP confirmed that no additional approvals are required from ANP for Maha to proceed acquisition of 100% of Up Petróleo Brasil Ltda .Has been planning for a workover of SES 107 well on Tartaruga field.

Eni CEO hopes to sell stake in Zohr or Mozambique this year

Thursday, 24 Nov 2016 01:27pm EST

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-led group agrees to acquire 98 pct in India's Essar Oil

Saturday, 15 Oct 2016 05:55am EDT

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:.

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