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BP Sells Petchems Arm for $5 Billion

2020-06-29 16:13:48| OGI

The companys withdrawal from the sector reflects its shift to low-carbon energy.

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5G could boost UK economy by GBP 158 billion by 2030 - study

2020-06-29 11:17:00| Telecompaper Headlines

(Telecompaper) Upgrading the UK's mobile infrastructure to 5G could be worth up to GBP 158 billion to the economy over the next 10 years, according to a new report from WPI Economics for Vodafone UK.

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CoreLogic Gets $7 Billion Bid from Foleys Cannae, Senator

2020-06-26 18:57:00| National Real Estate Investor

Cannae Holdings and Senator Investment Group LP send a letter to CoreLogic on Friday proposing an acquisition at $65 per share in cash.

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Occidental Petroleum Warns of Up to $9 Billion Asset Write-down

2020-06-25 16:30:00| OGI

Occidental Petroleum separately said it would buy back up to $1.5 billion worth of senior notes as it tries to reduce its debt, which ballooned after an ill-timed acquisition of Anadarko Petroleum last year.

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ADNOC Inks $10 Billion Mega Gas Pipeline Deal

2020-06-23 21:30:00| OGI

The deal comes as the world's top oil and gas companies, including ADNOC, scramble to control costs in response to the coronavirus crisis which has hammered oil demand and prices.

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