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Chevron Closes $1.6 Billion Sale of Stake in Giant Azeri Oil Field
2020-04-16 20:30:00| OGI
MOL Plc, a Hungarian multinational oil and gas company, agreed to buy the asset, which consisted of Chevrons nonoperating interests in the largest oil field in the Azerbaijan sector of the Caspian Basin.
China Mobile buys 20% stake in AsiaInfo
2020-04-16 10:46:00| Telecompaper Headlines
(Telecompaper) China Mobile is investing in the software supplier AsiaInfo. The latter announced an agreement to sell 182 million new shares to China Mobile, giving it an around 20 percent stake in the company.
Facebook mulls acquisition of Reliance Jio stake report
2020-03-27 13:18:00| Telecompaper Headlines
(Telecompaper) Facebook seeks to acquire a multibillion-dollar stake in Reliance Jio. The Indian operator's mobile internet service has attracted nearly 370 million Indian customers in just three years, The Financial Times reports, citing two unnamed sources with knowledge of the discussions. According to one of these sources, Facebook nearly signed a preliminary deal for a 10 percent share in Jio, but the deal timetable was negatively impacted by the global lockdowns caused by the coronavirus outbreak.
Tags: report
acquisition
reliance
facebook
Marketed: Stake In Extraction-Operated Well In Colorados Larimer County
2020-03-23 13:45:00| OGI
Del Rio Royalty retained EnergyNet for the sale of nonoperated working interest in a producing well located in Colorado's Larimer County through an auction April 1.
Tags: county
stake
marketed
larimer
Occidental Adopts Poison Pill After Icahn Raises Stake To About 10%
2020-03-13 15:48:16| OGI
The billionaire investor has been waging a bitter battle with Occidentals board over its $38 billion acquisition of Anadarko Petroleum, calling it a misplaced bet based on expectations of higher oil prices.
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