National Grid Transco to sell British gas networks for 5.8 billion pounds
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National Grid Transco, the Britain-based deliverer of energy, announced it has agreed to sell four of its gas distribution networks to consortia in cash deals worth 5.8 billion pounds (8.6 billion euros, 10.4 billion dollars).
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BP agreed to sell one of the worldâs largest natural gas fields, the latest apparently forced sale that benefited a Russian state company.
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British Energy Plc (BGY.L: Quote, Profile, Research) , the UK&#39;s biggest electricity producer, said on Thursday it had ended a dispute with investment firm Polygon regarding British Energy&#39;s plans to delist its shares.
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Wireless tower company Crown Castle International Corp.  on Friday said it will buy smaller rival Global Signal Inc.  for about $5.8 billion in cash, stock and debt.
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LONDON (CBS.MW) -- Independent Canadian oil and gas company Nexen is to buy the UK subsidiary to fellow Canadian independent Encana for $2.
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LONDON -- British Gas on Tuesday announced sharp increases in domestic natural gas and electricity bills, blaming part of them on the high cost of wholesale gasoline.
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Energy customers are urged to switch suppliers after Npower follows the lead of rival British Gas by announcing big price increases.
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U.S. conglomerate General Electric  has agreed to buy British oilfield services firm Sondex  for 288.7 million pounds ($583.1 million) in cash, the two firms said on Monday.
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Royal Dutch/Shell Group announced Wednesday that it would spend US$1.8 billion on exploration and production in the North Sea, including building a pipeline to transfer gas from Norway to Britain.
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Britain&#39;s BP said Friday it had agreed to sell its stake in a Siberian gas field development to Russian monopoly Gazprom for up to 900 million dollars (669 million euros), as Moscow tightened its grip on its natural resources.
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Mexican Cemex, being the third largest cement maker in the world, agreed to buy its British competitor - RMC Group - for $5.8 billion, as well as their debts in order to expand their activity on the building materials market of the USA and Europe.
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SCOTTISH &amp; Southern Energy yesterday called time on its 18-month acquisition spree after confirming a Â£3.1 billion swoop for two gas distribution networks.
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El Paso Corp., the natural gas pipeline giant, on Wednesday said it entered into an agreement to sell its interest in subsidiaries that supply power to Public Service Electric &amp; Gas Co.
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British power company National Grid  said it would complete the acquisition of U.S. utility KeySpan Corp  on Friday after receiving final approval from New York State regulators earlier this week.
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Nortel has won a $5m contract from BT to help the telco use Internet Protocol (IP) technology to upgrade its call centres around the UK.
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One of Britain's biggest power companies has announced price hikes of 17.2% for gas and 12.7% for electricity in a move set to hit more than four million households. via Grantham Today
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Dominion Resources  said on Monday that it would sell most of its gas and oil exploration and production operations to two different companies for about $6.5 billion as part of its plan to focus on its power business.