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Oil & Gas Refining and Marketing

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Cenovus's 2017 capital spending to be between $1.2 bln-$1.4 bln

Thursday, 8 Dec 2016 06:00am EST

Cenovus Energy Inc : Cenovus's 2017 budget sets stage for disciplined growth . Cenovus Energy Inc - Cenovus also intends to hold line on total per-barrel oil operating costs in 2017 . Cenovus Energy Inc - plans to invest between $1.2 billion and $1.4 billion in 2017, a 24% increase compared with company's forecast capital spending for 2016 .Cenovus Energy- plans to direct about 70% of 2017 capital budget towards sustaining oil sands production and base production at its other operations.

Mission Newenergy enters into heads of agreement to acquire business operations of AUS Group

Monday, 5 Dec 2016 01:02am EST

Mission Newenergy Ltd : Mission newenergy ltd - mission to make material acquisition-mbt.ax . Entered into a heads of agreement to acquire business operations of AUS Group . Mission newenergy ltd - acquisition anticipated to be $12 million in cash and number of shares equaling 47.5% of mbt post capital raising . Mission newenergy- transaction constitutes a reverse takeover and it is expected that mbt shareholders shall be diluted by approximately 90%. .Mission newenergy ltd - to fund acquisition mission will raise approximately $17 million through issue of new shares.

Shell Refining Company Federation Of Malaya Bhd says qtrly net loss 80.9 million rgt vs loss of 151.1 million rgt

Wednesday, 30 Nov 2016 04:52am EST

Shell Refining Company Federation Of Malaya Bhd : Qtrly net loss 80.9 million rgt versus loss of 151.1 million rgt .Qtrly revenue 1.96 billion rgt versus 1.27 billion rgt.

Shandong Shengli to acquire stake in Shandong-based natural gas firm

Monday, 28 Nov 2016 03:38am EST

Shandong Shengli Co Ltd <000407.SZ> :Says it signs agreement to acquire 62.7 percent stake in Shandong-based natural gas firm for 131.2 million yuan ($19.01 million).

Berkshire Hathaway takes stakes in United Continental, Delta Air

Monday, 14 Nov 2016 04:42pm EST

Berkshire Hathaway Inc : Berkshire Hathaway Inc takes share stake of 6.3 million shares in Delta Air Lines Inc - SEC filing . Berkshire Hathaway Inc cuts share stake in Wal Mart Stores Inc by 67.8 percent to 13 million shares . Berkshire Hathaway Inc takes share stake of 4.5 million shares in United Continental Holdings . Berkshire Hathaway Inc dissolves share stake in Suncor Energy Inc .Berkshire Hathaway Inc's change in holdings are as of quarter ended Sept. 30, 2016 and compared with previous quarter ended June 30, 2016.

DCC sees FY operating profit "significantly" ahead of last year

Monday, 14 Nov 2016 02:00am EST

DCC Plc : Overall, group H1 revenue increased by 10.5 pct (5.8 pct ahead on a constant currency basis) to £5.6 billion . H1 revenue (excluding. Dcc energy) £1.478bn versus £1.407bn year earlier . H1 adjusted earnings per share up 31.1 pct (24.7 pct ahead on a constant currency basis) to 92.1 pence . H1 pretax profit rose 53.7 percent to 80.6 million stg . Expects that FY operating profit and adjusted earnings per share will be significantly ahead of prior year and current market consensus expectations . Interim dividend increased by 12.5 pct to 37.17 pence per share . DCC Energy has agreed to acquire Gaz Européen for an initial enterprise value of eur 110 million .DCC Healthcare has agreed to acquire Medisource for an initial enterprise value of eur 32 million (£27 million).

Sinopec Kantons announces multiple framework agreements

Friday, 11 Nov 2016 04:56am EST

Sinopec Kantons Holdings Ltd <0934.HK> : On 11 november 2016, Huade entered into new Sinopec Guangzhou branch framework master agreement with Sinopec Guangzhou branch . Yu Ji Pipeline company entered into internal labour technical services framework master agreement with zhongyuan natural gas technical centre . Deal to regulate provision of crude oil jetty services between Huade and Sinopec Guangzhou branch .Agreement in relation to provision of technical services by zhongyuan natural gas technical centre to Yu Ji pipeline company.

PTG Energy PCL posts Q3 net profit 157 million baht

Thursday, 10 Nov 2016 08:36am EST

Ptg Energy Pcl : Q3 net profit 157 million baht versus 68.9 million baht . Q3 revenue from sales and services 15.68 billion baht versus 11.94 billion baht Source (http://bit.ly/2eNubct) Further company coverage: [PTG.BK] ((Bangalore.newsroom@thomsonreuters.com;)).

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