Tesoro buys US refinery, 250 gasoline stations from Shell
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US energy group Tesoro Corporation said it agreed to buy an oil refinery, an energy terminal and 250 gasoline stations in California from Anglo-Dutch Royal Dutch Shell for 1.6 billion dollars.
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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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Private equity firm Fortress  Investment Group LLC has agreed to buy oil tank operator  Stelmar Shipping Ltd. SJH.N for $677 million, Stelmar said on  Monday.
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British energy giant BP said that it planned to invest 3.0 billion dollars (2.36 billion euros) in its refinery in the US state of Indiana, in a move aimed at boosting motor fuel output.
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CALGARY (CP) - TransCanada Corp., one of Canada&#39;s biggest pipeline and power generation companies, has struck a deal worth $641 million to buy 41 hydroelectric generating stations from insolvent American power producer USGen New England Inc.
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Billionaire investor Kirk Kerkorian is seeking to enter the refinery business through Tesoro.
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Oil company reachs deal over 2005 refinery explosion, oil spill and propane price-fixing.
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UK oil group Burren Energy is buying more than a quarter of Indian firm Hindustan Oil Exploration.
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Royal Dutch/Shell Group of Cos., Exxon Mobil Corp. and the Dutch government struck a deal Monday giving the Netherlands - the third-largest gas producer in Europe - more control of the Dutch gas company Gasunie.
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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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MOSCOW : US oil major ConocoPhillips bought a 7.6-percent government stake in Russia&#39;s second-largest producer LUKoil for nearly two billion dollars in the nation&#39;s largest post-Soviet privatization deal.
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Royal Dutch/Shell Group agreed on Tuesday to finalized settlements with U.S. and UK regulators which will cost the oil giant &#36;150.7 million over its mis-statement of proven oil reserves.
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Conglomerate Loews Corp. (LTR.N: Quote, Profile, Research) on Monday said it agreed to buy Gulf South Pipeline LP, which owns and operates an 8,000-mile interstate natural gas pipeline system, from Entergy-Koch LP for $1.136 billion.
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US oil major ConocoPhillips bought a 7.6 per cent government stake in Russia&#39;s second-largest producer LUKoil for nearly $US2 billion on Wednesday in the nation&#39;s largest post-Soviet privatisation deal.
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Sempra Energy LNG announced yesterday that it has signed an agreement that will provide supplies of liquefied natural gas from Indonesia to an energy project it plans to develop with Shell Oil Co.
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Enbridge Inc. ENB.TO will buy Shell's  Gulf of Mexico natural gas pipelines for $613 million in a move  that will make it a major transporter in the huge gas-producing  area, Canada's No. 2 pipeline company said on Wednesday.
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Stelmar Shipping Ltd., a Greece-based oil transporter, Monday said it has agreed to be acquired by affiliates of Fortress Investment Group LLC about $677 million.