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Apache selling Australian subsidiary for $2.1 billion

2015-04-09 10:54:41| Oil & Gas - Topix.net

" Apache Corp. says it is selling its Australian oil exploration and production subsidiary for $2.1 billion in cash. The Houston-based company said Wednesday that a consortium of private equity funds managed by Macquarie Capital Group Ltd. and Brookfield Asset Management Inc. agreed to buy Apache Energy Ltd. The assets of Apache Energy Ltd. and its subsidiaries averaged production of roughly 49,000 barrels of oil equivalent per day in March.

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Australian banks under pressure after French lenders rule out funding Galilee Basin coalmines

2015-04-09 09:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Australias banks have come under renewed pressure to not fund the countrys largest coal projects after three of Frances leading financial institutions ruled out providing capital for the developments. In response to questions from French climate activists, Société Générale, Crédit Agricole and BNP Paribas all said they will not be involved in proposed mines for the coal-rich Galilee Basin region of central Queensland. Letters from the banks rule out the mines, which include developments...

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Australian firms take to four wheels

2015-04-09 01:00:58| BBC News | Business | UK Edition

Australian small firms swap bricks and mortar for wheels

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Apache to divest Australian energy business for $2.1bn

2015-04-09 01:00:00| Hydrocarbons Technology

A consortium of private equity funds managed by Macquarie Capital Group and Brookfield Asset Management has signed an agreement with US oil and gas company Apache to acquire Australian subsidiary Apache Energy for $2.1bn.

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Wilmar warns of potential Australian sugar production shortfall

2015-04-08 09:20:33| Sugar Industry News

Australia's sugar production during the 2014/15 season may miss official estimates as a result of recent dry weather across the northeast coast of the world's third-largest raw sugar exporter, Wilmar International Ltd said on Wednesday.

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