Oil &amp; Natural Gas Buys 55% Stake in Australian Block
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Oil &amp; Natural Gas Corp., India&#39;s biggest oil producer, bought 55 percent of an oil exploration area off the coast of Western Australia from Calgary-based Antrim Energy Inc.
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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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US oil major ConocoPhillips bought a 7.6-percent government stake in Russia's second-largest producer LUKoil for nearly two billion dollars in the nation's largest post-Soviet privatization deal.
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Bangalore: The Oil and Natural Gas Corporation (ONGC) acquired a Canadian off-shore oilfield in West Australia yesterday, its Chairman and Managing Director, Mr Subir Raha, announced today.
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Cheung Kong Infrastructure Holdings (CKI) is selling 9.9 per cent of its stake in the North of England Gas Distribution Network business (NEG) to two Australian investors for HK$66 million.
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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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Johnson &amp; Johnson announced a $25.4bn (Â£13.1bn) deal yesterday to buy Guidant Corporation, giving the healthcare company a stake in the fast-growing market for devices that regulate heartbeats.
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The company has announced the sale of its part share in the Laminaria and Corallina oil fields to the British-owned Paladin Oil &amp; Gas.
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SYDNEY: Australia&#39;s dominant telecommunications firm, Telstra, has unveiled details of a 750 million dollar (532 million US) off-market share buy-back as part of a three-year, 4.5 billion dollar capital management program.
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Oil major Total SA has signed a draft agreement to purchase a 25 percent stake, plus one share, in the privately held Russian gas producer Novatek, the French company announced Wednesday.
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Telstra Corp., Australia&#39;s biggest phone company, agreed to buyback A$750 million ($576 million) of its own stock at the lowest price in a range offered to shareholders.
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BHP Billiton Limited (BHP) today announced it has agreed to sell its interests in the Laminaria and Corallina oil fields to Paladin Oil &amp; Gas (Australia) Pty Limited, a fully owned subsidiary of Paladin Resources plc, an independent oil and gas company
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A Macquarie Communications Infrastructure Group (MCG) led consortium (âConsortiumâ), in which Macquarie Bank Limited (MBL) has an approximate 13% interest, today announced it has been selected as the successful bidder for the acquisition of National
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Gold Fields said that it would acquire a 50 percent stake in the South Deep mine in South Africa from Barrick Gold of Toronto in a deal worth more than $1.5 billion.
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SYDNEY (Dow Jones)--Australian Gas Light Co. (AGL.AU) said Thursday that it will most likely sell its 66% stake in New Zealand&#39;s NGC Holdings Ltd.
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Alcoa Inc. is part of a three-company consortium that will buy a major natural-gas pipeline in Australia for $1.3 billion. The consortium, which includes Diversified Utility &amp; Energy Trusts (DUET) and Alinta
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Public sector behemoth Oil and Natural Gas Corporation Ltd on Monday said it has acquired an offshore oil field in Western Australia.