Repsol SA (REP.MC)
MADRID Spain's Repsol has agreed to sell its 20 percent stake in Gas Natural to CVC Capital Partners for 3.82 billion euros($4.69 billion), a move that could allow the oil major to restart investment after years of debt reduction.
MADRID, Feb 22 Spain's Repsol has agreed to sell its 20 percent stake in Gas Natural to CVC Capital Partners for 3.82 billion euros($4.69 billion), a move that could allow the oil major to restart investment after years of debt reduction.
MADRID, Feb 22 Spain's Repsol said on Thursday it had reached an agreement with Rioja Bidco Shareholdings, controlled by private equity firm CVC Capital Partners, to sell its 20.07 percent stake in Gas Natural for 3.82 billion euros ($4.69 billion).
MEXICO CITY Royal Dutch Shell won five of the first eight oil and gas blocks in Mexico's prized deep waters in the Gulf of Mexico, making the early running in the country's biggest auction since the energy sector was opened to international oil firms.
MEXICO CITY The Mexican government is seeking to auction off development rights to 29 deepwater oil and gas blocks in its territorial waters in the Gulf of Mexico on Wednesday, the country's eighth tender since a landmark energy opening was finalized in 2014.
LONDON Former racer Alberto Puig has been appointed manager of MotoGP champions Repsol Honda following the departure of Livio Suppo last year.
* Divestment would form part of Repsol debt-reduction plan (Recasts with Repsol statement, share price, background)
MADRID, Jan 10 Spain's Repsol is in talks to sell its 20 percent stake in utility Gas Natural to investment fund CVC in a deal worth an estimated 4.1 billion euros ($4.9 billion), Expansion reported on Wednesday, without citing sources.
JAKARTA, Dec 29 Indonesia received bids from several foreign companies for exploration in five oil and gas blocks in 2017, the deputy energy minister said on Friday, marking an uptick in interest for the resource-rich nation compared with previous years.
OSLO Spain's Repsol and Germany's VNG presented separate plans on Tuesday to develop two Norwegian oil and gas fields for a combined 18.2 billion Norwegian crowns ($2.17 billion), Norway's Ministry of Petroleum and Energy said.