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BlackRock, Brookfield No Longer in Race for $10 Billion Aramco Pipeline Deal

2021-04-06 20:45:00| OGI

Apollo Global Management and New York-based Global Infrastructure Partners (GIP) are among the bidders still in the race to buy a stake in Saudi oil giant Aramcos pipeline business, which could fetch over $10 billion, sources says.

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BP Hits $35 Billion Net Debt Target Ahead of Schedule

2021-04-06 15:05:00| OGI

Shares in BP, which had previously expected to reach the net debt target in around fourth-quarter 2021 or first-quarter 2022, rose as much as 3% in early trade on news it would reach the target sooner.

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Hacker Recycles Data on Half a Billion Facebook Users

2021-04-06 13:00:00| TechNewsWorld

A rich cache of data on some 533 million Facebook users was posted to a hacker forum over the weekend and is available to download for practically free. In a statement provided to TechNewsWorld by Facebook, the company said it is confident the posted information is old data that originated from a weakness in its contact importer feature that was discovered and fixed in August 2019.

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Sempra Energy Sells Stake in New Unit for $3.37 Billion in Cash

2021-04-05 20:35:00| OGI

The transaction is part of a strategy Sempra Energy originally unveiled in December to better position itself to capitalize on the growing global demand for cleaner fuels. 

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Pioneer Natural Resources to Buy DoublePoint in $6.4 Billion Bolt-on Acquisition

2021-04-02 03:00:00| OGI

Pioneer Natural Resources said the acquisition of DoublePoint Energy will increase Pioneers acreage position to greater than 1 million net acres in the Permian Basin with no exposure to federal lands.

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