NEWS SNAP: Natl Grid Sells Gas Assets For GBP5.8 Bln
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LONDON (Dow Jones)--UK power and gas system operator National Grid Transco PLC (NGT.LN) Tuesday said it will return GBP2 billion, or 65 pence a share, to its shareholders after selling four
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ENERGY group National Grid Transco is to give shareholders a Â£2bn windfall after announcing the sale of four of its gas distribution networks today.
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A North American energy company which operates a major North Sea oil field is selling its British division for 2.1 billion (Â£1.14 billion), it was announced today.
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Enron Corp. has agreed to sell its domestic natural gas pipelines for more than $2 billion after an auction aimed at helping the energy company emerge from one of the most expensive and complicated bankruptcies in history.
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General Electric Co.'s  energy unit will pay $603 million for a stake in Regency Energy Partners LP , an owner of natural gas pipelines and storage equipment, The Wall Street Journal Online reported on Tuesday.
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NEW YORK, August 31 (New Ratings) - National Grid Transco Plc (NNG.ETR) has reportedly agreed to sell half its gas distribution networks for about Â£5.
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Yukos is in the process of selling a 56-percent stake in a Siberian natural gas company to the Anglo-Russian joint venture TNK-BP in a bid to pay off its crushing tax bill, Western oil sources and media reports revealed.
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Cable firm NTL today announced that it has entered into a definitive agreement to sell its broadcast business for Â£1.27bn. A consortium led by Macquarie Communications Infrastructure Group and other third
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The European oil giant reported a 1.5 percent increase in profit thanks to proceeds from its sale of its last British refinery and a pipeline in the United States.
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Business & money: Â£2.2bn stake in nuclear power generator to be used to help clean up the company's existing sites.
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British energy giant BP has announced the sale of its refinery in Coryton, southeastern England, to Swiss petroleum company Petroplus for 1.4 billion dollars (1.07 billion euros).
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Business & money: Â·  British Gas owner Centrica may be target of Russians Â·  Putin shrugs off warning by Blair on economic ties
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A consortium led by Macquarie Communications Infrastructure Group agreed Thursday to pay 1.27 billion British pounds (US$2.5 billion; euro1.8 billion) for NTL Inc.
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Russian gas giant Gazprom is to bid in the government's $8.65bn sale of a key stake in stricken oil firm Yukos.
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"I'm sure that we would get five to eight times more for NIS if it was sold through international bidding"  Serbia endorsed on Tuesday an energy co-operation deal with Russia, envisioning its inclusion in the South Stream gas pipeline project. via SETimes news
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Abu Dhabi National Energy Co   will buy Canada&#39;s Primewest Energy Trust (PWI_u.TO)  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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The battle between British Energy and rebel shareholders seeking a better deal from the company&#39;s Â£5bn restructuring plan intensified yesterday when the nuclear generator announced it was abandoning its London share listing.