Sinopec to upgrade Iran’s Abadan refinery
SINOPEC ENGINEERING has won an engineering, procurement and construction (EPC) contract to upgrad...
News - Business
ThaiBev buys US$4.8bn stake in Sabeco
THAI Beverages (ThaiBev) has won an auction to buy a US$4.84bn majority stake in Vietnam’s top br...
Campbell Soup to buy Snyder’s-Lance for US$4.87bn
CAMPBELL Soup has agreed to buy pretzel and chip manufacturer Snyder’s-Lance for US$4.87bn as it ...
Unilever sells spreads business to KKR for €6.8bn
UNILEVER has sold its spreads business, including margarine brands such as Flora, Becel and ProAc...
Teva to cut 14,000 jobs worldwide
TEVA PHARAMACEUTICAL INDUSTRIES is to cut 14,000 jobs, more than a quarter of its workforce, as p...
Evonik sets up first Asia research hub
EVONIK is to build its first Asian research hub in Singapore, with a specific focus on functional...
US$4.2bn Bahrain refinery expansion contract awarded
BAHRAIN PETROLEUM COMPANY (Bapco) has awarded a US$2.4bn expansion contract for its Sitra oil ref...
Emerson quits chasing Rockwell
EMERSON ELECTRIC has abandoned its pursuit of Rockwell Automation following a forceful rejection ...
Rockwell forcefully rejects Emerson takeover bid
ROCKWELL AUTOMATION has rejected a third takeover offer from Emerson Electric, arguing that the d...
Emerson returns with US$29bn bid for Rockwell
EMERSON ELECTRIC has increased its offer for Rockwell Automation to US$29bn.
Bechtel signs US$15.2bn in LNG contracts with Tellurian
TELLURIAN has awarded four contracts worth US$15.2bn to Bechtel for the engineering, procurement ...
Shell sells further stake in Woodside for US$1.7bn
Shell has sold two-thirds of its remaining stake in Woodside Petroleum to two unnamed investment ...
Air Products and Yankuang to build US$3.5bn syngas plant
AIR PRODUCTS has signed an investment cooperation agreement with Yankuang Group to build a US$3.5...
Alaska and China sign LNG development deal
ALASKA and China have signed an historic joint development agreement for the Alaska LNG project, ...
Total buys Engie upstream LNG for US$1.49bn
TOTAL has bought Engie’s upstream liquefied natural gas assets for US$1.49bn.
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