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Sacyr says subscribes financial coverage for 1.36 pct stake in Repsol

Thursday, 29 Sep 2016 02:50pm EDT

Spain's Sacyr : Says has subscribed a financial coverage with an undisclosed financial entity for oil prices variation on 20 million shares it owns in Spanish oil major Repsol . Sacyr currently owns 8.38 percent of Repsol's share capital and the instrument subscribed covers a stake of around 1.36 percent . Sacyr says the deal eliminates the company's exposure to Repsol shares trading below a threshold of 10.7 euros per share while keeping an upside potential up to an undisclosed level. .Says will book 213 million euros ($238.71 million) from the transaction which it will use to pay down a 1.088 billion euros ($1.22 billion) loan linked to its Repsol stake..

Interoil shareholders approve Exxonmobil transaction

Wednesday, 21 Sep 2016 01:05pm EDT

Interoil Corp : Interoil shareholders overwhelmingly approve Exxonmobil transaction . Interoil Corp says shareholders approve Exxonmobil transaction . Of votes cast at special meeting, more than 80 percent were in favor of proposed transaction .Transaction is expected to close by end of september 2016.

India's Tata Motors signs agreement with Castrol

Wednesday, 21 Sep 2016 07:32am EDT

Tata Motors Ltd : Tata motors and Castrol sign new agreement to strengthen partnership Further company coverage: [TAMO.NS] ((ReutersIndia.snapping@thomsonreuters.com;)).

Westjet signs multi-year contract with suncor

Tuesday, 20 Sep 2016 06:00pm EDT

Westjet Airlines Ltd : Signs multi-year contract with suncor . Agreement will involve more than 100 weekly flights .Reached multi-year agreement as primary provider for Suncor Energy to fly employees and contractors to and from its oil sands operations in Northern Alberta.

Shandong Shengli scraps assets acquisition plan via share issue

Tuesday, 20 Sep 2016 05:38am EDT

Shandong Shengli Co Ltd <000407.SZ> :Says it scraps assets acquisition plan via share issue.

Fedex Freight invests in CNG fueling at Oklahoma city service center

Tuesday, 13 Sep 2016 12:00pm EDT

Fedex Freight : Fedex freight invests in cng fueling at oklahoma city service center .Purchased more than 100 compressed natural gas tractors, has installed cng fueling station to serve new cng fleet at oklahoma city service center.

Shandong Shengli signs agreement to buy 51 pct stake in two new energy firms

Tuesday, 13 Sep 2016 02:49am EDT

Shandong Shengli Co Ltd <000407.SZ> :Says co enters into an agreement to acquire 51 percent stake in two Dalian-based new energy firms, for 48.5 million yuan and 23.0 million yuan respectively.

Reliance Industries' unit signs pact for availing term loan Of $330 mln

Friday, 9 Sep 2016 07:50am EDT

Reliance Industries Ltd : Term loan facility for Reliance Sibur Elastomers Private Limited . Facility to be used to part finance capital expenditure to setup rubber manufacturing facilities at Jamnagar . RSEPL's payment obligations are guaranteed by RIL . Signed facility agreement for availing term loan facility of US$330 million via external commercial borrowings .

Couche-Tard receives approval to buy certain Imperial Oil retail assets

Wednesday, 7 Sep 2016 07:30am EDT

Alimentation Couche Tard Inc : Couche-Tard receives approval to acquire certain Imperial Oil retail assets in Ontario and Québec . Completion of acquisition is expected to occur in October 2016 .Deal will be financed from Couche-Tard's available cash and existing credit facilities.

Idemitsu to delay Showa Shell share purchase until Oct-Nov

Tuesday, 6 Sep 2016 10:30pm EDT

: Idemitsu says to delay purchase of Showa Shell shares from Royal Dutch Shell . Idemitsu says to delay purchase of Showa Shell shares until Oct-Nov . Idemitsu says no change in plan to merge with Showa Shell in April 2017 .Idemitsu says to delay share purchase because Japan Fair Trade Commission review remains ongoing.

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