Transco sells four gas networks
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National Grid Transco has sold half of its gas distribution networks for Â£5.8bn ($10.4bn), it was announced today. The move has been welcomed by the gas and electricity regulator Ofgem, which said new competition in the sector could lower prices.
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Noble Energy has agreed to buy Patina Oil &amp; Gas in a $3.4bn deal that will mark its expansion in the gas-rich Rocky Mountains region.
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OVERLAND PARK, Kan. - Selling gas at 19 cents per gallon brought in a lot of business for George Riley's gas station last weekend. If only Riley had planned it that way.
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The five people trading shares Monday mostly sold. For example, a mere 62 million shares of the Nasdaq-100 tracking stock were traded.
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Loews Corp.'s  $4.03 billion purchase of gas exploration and production assets from Dominion Resources Inc.  gives the conglomerate a way to spend excess cash and diversify its revenue stream as it bets on rising natural gas prices.
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An affiliate of Colony Capital has agreed to buy four properties from Caesars Entertainment Inc. and Harrah&#39;s Entertainment Inc.
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Enbridge Inc., Canada&#39;s second- largest pipeline company, agreed to buy Shell Gas Transmission LLC for $613 million to gain pipelines in the Gulf of Mexico for the first time.
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LONDON : Royal Dutch/Shell and Esso Nederlands, a division of ExxonMobil, announced the sale of transport activities in gas joint venture Gasunie to the Dutch government for 2.78 billion euros (3.
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Iberdrola plans to buy the regional utility owner Energy East Corporation for $4.5 billion in cash.
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MOSCOW, June 22 -- The state-controlled energy giant Gazprom on Friday bought a vast natural gas field in Siberia from a unit of  British-based petroleum conglomerate BP, continuing the Kremlin's policy of shifting control of the country's major energy projects from foreign to state hands.
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Loews Corp. , a conglomerate,  said on Monday it agreed to buy natural gas exploration and  production assets in three states from Dominion Resources Inc.   for $4.025 billion in cash to diversify its revenue  stream.
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Four networks manage to increase their rates as they complete their upfront sales.
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The creation of a single European gas market took a step forward yesterday with the Dutch government taking control of its country&#39;s gas transport network from Royal Dutch/Shell and ExxonMobil.
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Sabre Holdings, the travel reservation company, is in advanced talks to be sold to a consortium of private equity firms for more than $4 billion.
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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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The Dutch government is taking control of its country&#39;s gas transport network in a deal that analysts say will boost competition in the Netherlands and ease the way for the creation of a single European gas market.
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CALGARY (CP) - Canadian Natural Resources, one of Canada&#39;s largest natural gas and heavy oil producers, entered the acquisition market for a fourth time this year, buying energy properties from Houston-based Anadarko for $698 million.