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oil and gas business
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SPDC Completes Sale of Oil Mining Lease 29 and Nembe Creek Trunk Line in Nigeria
Dec 9, 2016This divestment is part of the strategic review of SPDC’s onshore portfolio and is in line with the Federal Government of Nigeria’s aim of developing Nigerian companies in the country’s upstream oil and gas business. ...
Tags: SPDC, divestment, oil and gas
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SPDC Completes Sale of Oil Mining Lease 18 in Nigeria
Dec 9, 2016This divestment is part of the strategic review of SPDC’s onshore portfolio and is in line with the Federal Government of Nigeria’s aim of developing Nigerian companies in the country’s upstream oil and gas business. ...
Tags: SPDC, Nigeria, oil and gas business
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SPDC Completes Sale of Nigerian Oil Mining Lease
Dec 9, 2016This divestment is part of Shell’s strategy of refocusing its onshore interests in Nigeria and in line with the Federal Government of Nigeria’s aim of developing Nigerian companies in the country’s upstream oil and gas ...
Tags: Shell, Nigerian, oil and gas business
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SPDC Completes Sale of The Seventh Nigerian Oil Mining Lease
Dec 9, 2016This divestment is part of Shell’s strategy of refocusing its onshore interests in Nigeria and is in line with the Federal Government of Nigeria’s aim of developing Nigerian companies in the country’s upstream oil and gas ...
Tags: Shell, Nigeria, oil and gas business
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ExxonMobil to Acquire InterOil in Transaction Worth More Than $2.5 Billion
Sep 28, 2016ExxonMobil to pay $45 per share plus additional cash payment based on Elk-Antelope resource size Boards of directors of both companies unanimously approve terms of agreement Acquisition adds to ExxonMobil resources in successful ...
Tags: ExxonMobil, InterOil, transaction
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GE’s Metamorphizing Century Old Lighting Business
Oct 14, 2015When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
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BASF and Gazprom Have Agreed That They Will Not Complete an Asset Swap
Dec 23, 2014BASF and Gazprom have agreed that they will not complete an asset swap, which was planned for the end of the year. “We regret that the asset swap will not be concluded. We will continue our cooperation of over 20 years with Gazprom ...
Tags: targeted oil, gas-rich regions, Construction
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BASF Had a Good Start to The Year in Chemicals Business
May 1, 2014"We had a good start to the year in our chemicals business and in the Agricultural Solutions segment. We sold more. This more than compensated for the negative effects on sales from the comparatively weak U.S. dollar and currencies in ...
Tags: Construction, Decoration, Chemicals, Oil, Gas
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Oil Demand Will Continue to Increase Globally
Dec 23, 2013Although oil demand will continue to increase globally, it will become the fuel with the slowest consumption growth because of structural changes in the energy sector, experts said. China will surpass the United States, becoming the ...
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China Petrochemical Corp Is Expanding in Africa Through Investment and Social Involvement
Dec 13, 2013China Petrochemical Corp, Asia's top refiner, is expanding in Africa through investment and social involvement, Du Juan reports As Africa becomes increasingly important in the global energy structure, with growing proven reserves of oil ...
Tags: Sinopec, China Petrochemical
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China Is Expanding Its Scope in Looking for Energy Resources in Foreign Assets
Nov 20, 2013China is expanding its scope in looking for energy resources in foreign assets, participating actively in the international oil and gas market to ensure the domestic supply is driven by economic growth. China Petroleum and Chemical Corp, ...
Tags: Gas Sources, Oil Sources
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Columbus Reported Thursday Net Earnings on Sales of $619.5 Million for Its Fiscal 2013 Q3
Mar 26, 2013Columbus, Ohio-based Worthington Industries, Inc. reported Thursday net earnings of $37.1 million on sales of $619.5 million for its fiscal 2013 Q3 (ended February 28, 2013). In in Q3 2012, the company reported net sales of $611.3 million ...
Tags: Steel Processing, Steel, Steel Industry
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NeoStream Technologies Attained a Gold Portals and Collaboration Competency
Dec 18, 2012Microsoft has recognised NeoStream as a company that demonstrates best-in-class capability and market leadership through proven technology success and customer commitment. NeoStream Technologies Inc., Calgary's largest energy services ...
Tags: NeoStream, Microsoft, customer commitment, business environment
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BWA Water Additives Has Been a Major Supplier of Water Treatment Additives for 40 Years
Dec 17, 2012BWA Water Additives has been a major supplier of water treatment additives for almost 40 years. The company’s antiscalant additives are now playing a vital role in keeping reverse osmosis systems working efficiently in desalination ...
Tags: BWA Water Additives, water treatment, desalination, osmosis system
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Abu Dhabi National Energy Company Has Signed an Agreement
Dec 12, 2012Gulf News reported that Abu Dhabi National Energy Company has signed an agreement to acquire 53.2% interest in the Atrush block in the Kurdistan region of Iraq from General Exploration Partners Inc, an affiliate of Aspect Holdings, LLC for ...
Tags: oil&gas drilling, oil investment, oil jobs, oil heating prices
