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Petrobras Strikes Deal With Regulator To Sell Natural Gas Assets

2019-07-09 01:26:35| OGI

Brazilian state-owned oil firm Petroleo Brasileiro SA (Petrobras) has reached an agreement with anti-trust regulator Cade to sell off a series of natural gas transportation and distribution assets, the company said in an exchange filing on July 8.

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Encana To Sell Arkoma Basin Assets From Newfield Exploration Deal

2019-07-08 15:15:11| OGI

An undisclosed company agreed to buy the Arkoma Basin assets from Encana for $165 million cash, which is in line with analyst estimates.

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Ethiopia to issue two telecom licenses, sell minority stake in Ethio Telecom

2019-07-08 09:50:00| Telecompaper Headlines

(Telecompaper) Ethiopia will award two telecoms licenses to multinational mobile companies, Reuters reported, citing a senior official. State Minister of Finance Eyob Tekalign Tolina said the government will also offer a minority stake in monopoly operator Ethio Telecom. The minister made the statement in reference to two new licenses and a 49 percent stake in Ethio Telecom. A senior executive at one of the companies interested in entering Ethiopia told Reuters that the market structure announced on 5 July is "as expected and very sensible approach".  

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Equinor To Sell 16% Shares It Holds In Lundin Petroleum For About $1.56 Billion

2019-07-08 02:30:57| OGI

Norwegian oil and gas firm Equinor ASA on Sunday said it will sell a 16% stake in Lundin Petroleum AB for about $1.56 billion, and in return acquire an additional 2.6% stake in Johan Sverdrup oilfield.

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Tata settles $7.3bn dues to complete mobile business sell off

2019-07-08 02:00:00| Total Telecom industry news

Indian conglomerate, Tata Group, has paid off $7.3 billion worth of dues, in order to complete the sale of its mobile phone business to Bharti Airtel. The deal was originally announced two years ago but has been held up over outstanding payments to India's Department of Telecoms…read more on TotalTele.com »

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