Alcan counterbid talk centers on Rio, Norsk Hydro
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OSLO/KUALA LUMPUR  - Norwegian aluminum group Norsk Hydro  and global miner Rio Tinto   declined to confirm or deny reports that they may place separate bids for Canada's Alcan .
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The merger of Statoil with the gas and oil operations of Norsk Hydro will create a Norwegian powerhouse that produces 1.9 million barrels a day.
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Rio Tintoâs recent offer of $38.1 billion for Alcan may be a sign that aluminum is no longer an estranged cousin in the mining industry.
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By Russ Keen, American News, Aberdeen, S.D.  Sep. 22--Ethanol critics who contend the industry burns up more energy than it produces might have to think twice before pointing a finger at the Aberdeen Energy ethanol plant to be built near Mina.
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Rio Tinto Group agreed yesterday to buy Alcan Inc. for $38.1 billion in cash, overwhelming a hostile bid by Alcoa Inc. to form the world's biggest aluminum maker.
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MONTREAL/LONDON  - Anglo-Australian miner Rio Tinto Ltd/Plc  offered $38.1 billion to buy Canada's Alcan Inc in an agreed deal to create the world's No. 1 aluminum producer, trumping a hostile bid by Alcoa Inc
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Anglo-Australian miner Rio Tinto offered 38.1 billion dollars for Canada&#39;s Alcan Thursday, trumping US rival Alcoa with a proposed merger that would create the world largest aluminium company.
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Canadian aluminum producing giant Alcan Inc. said Friday that it is in exclusive talks to sell the company&#39;s stake in Aluminium de Grece SA to metals company Mytilineos Holdings SA of Greece.
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When Norway awards new licenses for oil and gas drilling this summer, it will focus on the South Barents Sea, where one-third of Norway's undiscovered petroleum resources are estimated to lie, energy ministry officials said Friday.
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Environmentalists in Russia are finding an unlikely ally in the Kremlin as it works to stall projects by oil companies on an island unfathomably rich with oil and gas.
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Alcoa's offer for Canadian rival Alcan is trumped by white knight Rio Tinto.
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The deal will create a global offshore oil giant Energy firms Statoil and Norsk Hydro have unveiled plans to merge their offshore oil and gas operations, creating a global industry giant.Comment
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Global miner Rio Tinto was near a deal  to buy Canadian aluminum giant Alcan Inc. for about $100 per  share, or $37 billion, The Wall Street Journal Online reported  on Thursday.
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Anglo-Australian mining group Rio Tinto says its bid to buy Canada's Alcan for $38.1bn has been approved in the US.
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Norwegian industrial group Norsk Hydro  acknowledged on Wednesday it had lost out to U.S. rival Alcoa  to build a large aluminum smelter and related hydropower capacity in Greenland.
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Rio Tinto Ltd. Plc   has hired Deutsche Bank to advise it on a possible bid for Canadian aluminum producer Alcan Inc.  , the Sydney Morning Herald newspaper reported on Monday.
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PITTSBURGH, July 12 -- Alcoa withdrew its $28 billion offer to buy Canadian aluminum rival Alcan on Thursday after being outbid by mining giant Rio Tinto.