BP buys BHP’s US oil and gas assets
BP has announced that it will be buying BHP’s US shale oil and gasfields for US$10.5bn.
News - Business
Saudi Aramco confirms interest in potential stake at SABIC
SAUDI Aramco is evaluating the possibility of buying a stake in petrochemical company SABIC, whic...
Linde sells American businesses for Praxair merger
LINDE has agreed to sell its industrial gas businesses in North and South America for US$3.3bn as...
Dangote signs deal for world-scale Nigeria refinery
AFRICA’S richest man, Aliko Dangote, has agreed a US$650m loan to build the world’s largest singl...
Shift at the top signals mega-merger between Chinese chemicals giants
THE head of Sinochem will also take over at ChemChina in a move expected to signal the long-rumou...
Tata Steel and Thyssenkrupp sign definitive agreement for merger
TATA Steel and Thyssenkrupp have announced that the companies will merge, after being in negotiat...
Wood invests in nuclear decommissioning
WOOD has launched a new fund that will invest in technologies developed by small and medium enter...
ABB wins contract to decommission ENGIE power station
ABB has secured a contract with energy operator ENGIE to provide support and advice for the decom...
UK government considers investment in new nuclear power plant in Wales
BUSINESS secretary Greg Clark has announced that the UK government will take a £5bn ($US6.7bn) st...
BASF CEO says company will not undergo DowDuPont-style split
THE new CEO of BASF, Martin Brudermüller, has said that he will be keeping the company as one ent...
Takeda and Shire agree £46bn takeover
TAKEDA PHARMACEUTICAL has agreed to buy Shire for £46bn (US$62bn) as it seeks to create a global ...
Marathon Andeavor tie-up will create largest US refiner
MARATHON PETROLEUM has agreed to buy Andeavor in a US$36bn deal that will create the largest US r...
BASF agrees to buy Bayer’s vegetable seeds business for €1.7bn
BAYER has agreed to sell its entire vegetable seeds business to BASF for €1.7bn (US$2bn), as it s...
Shire recommends Takeda takeover offer
SHIRE has opened the door to a £46bn (US$64bn) takeover bid from Japan’s Takeda Pharmaceutical.
P&G agrees to buy Merck’s consumer healthcare business
PROCTER & GAMBLE has agreed to buy German drugmaker Merck’s consumer healthcare unit for €3.4bn (...
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