Abu Dhabi firm bids for Primewest
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CALGARY. Alberta  - Abu Dhabi National Energy Co  will buy Canada's Primewest Energy Trust  for C$5 billion in cash, Primewest said on Monday, as the state-controlled firm makes good on plans to turn its new Canadian unit into a major oil producer.
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Halliburton Co. , the world's second-largest oil services company, is seeking stakes in emerging Gulf Arab firms to expand its operations in the region, pan Arab daily Asharq al-Awsat reported on Monday.
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BAE Systems  and Abu Dhabi  government-owned Mubadala Development Company are in talks to  develop an aerospace business in the UAE, the regional head of  the British defense company said on Sunday.
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SAN FRANCISCO-based private equity firm Hellman &amp; Friedman and Havas reportedly raised their bids today for ad agency Grey Global Group, putting pressure on WPP&#39;s bid for the company and raising all three offers to at least $1.
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MELBOURNE (Dow Jones)--Australia&#39;s WMC Resources Ltd. (WMC) on Thursday said it recently received a conditional takeover proposal from London-listed resource major Xstrata PLC (XTA.
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The Japan Bank for International  Cooperation (JBIC) is set to sign a deal to co-finance up to $3  billion in loans to the Abu Dhabi National Oil Co. (ADNOC) of  the United Arab Emirates, an industry source said on Monday.
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Tripoli sets outs transparent bidding process for foreign firms to woo investment for sanctions-hit oil sector. By Hassen Zenati - TRIPOLI.
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Merrill Lynch Global Private Equity  was looking at a possible bid for CanWest Global Communications Corp.'s  stake in Australian broadcaster Ten Network Holdings Ltd. , a source familiar with the situation said.
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Abu Dhabi unveiled plans for prestigious museums, including eventually a satellite of the Paris Louvre, to be built as part of the oil-rich emirate's bid to snare a larger slice of the region's booming tourist industry.
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Qwest Communications International  Inc. Q.N offered more than $7 billion for MCI Inc. MCIP.O,  topping an earlier bid by Verizon Communications Inc. VZ.N,  Bloomberg News said on Sunday.
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By Kamarul Yunus  LITTLE-known trading firm Ben Rautin Sdn Bhd is talking with at least two Chinese state-owned oil and gas companies to take up equity participation in its proposed US$4 billion (RM14 billion) refinery-petrochemical complex in Lufeng, China.
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By Arkady Ostrovsky in Moscow, James Boxell in London and Doug,Cameron in Houston. Gazprom, Russia&#39;s state-backed gas monopoly, could team up with one of the major international oil groups in a bid for the
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the German vehicle producing giant Volkswagen will assemble trucks in Abu Dhabi and enter a car leasing joint venture with the Gulf emirate, it was announced Monday.
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A Dubai-owned company will accept final bids within two weeks for the sale of all $700 million worth of its U.S. port operations to an American buyer, a plan forced by concerns over terrorism security.
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Russian gas giant Gazprom pushed ahead with plans to bid for the main production unit of embattled oil group Yukos, a takeover that would create a state-controlled oil and gas behemoth to rival Saudi Arabia's Aramco.
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A number of bidders approach US exchange Nasdaq to buy its stake in the London Stock Exchange, say reports.
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European oil giants Royal Dutch/Shell and Total are leading the chase to buy the Canadian gas company First Calgary.