870 results found
Petronas invests in LNG Canada
PETRONAS is buying a 25% stake in LNG Canada, after previously scrapping plans to develop its own project in Canada.
Type: News
Ineos buys former BASF concrete chemicals business
INEOS is buying MBCC’s admixture business from Sika, acquiring manufacturing sites in the US, Canada, Europe, the UK, Australia and New Zealand.
Type: News
GSK and Pfizer merge consumer healthcare businesses
GSK and Pfizer are merging their consumer healthcare businesses in a move that will create a market-leading joint venture.
Type: News
Adnoc to acquire German chemicals giant Covestro for €15.9bn
THE Abu Dhabi National Oil Company (Adnoc) is set for a €15.9bn (US$18bn) takeover of German chemicals company Covestro.
Type: News
Shell invests in used lubricants firm and buys Europe’s biggest biogas producer
SHELL has acquired a 49% interest in Blue Tide Environmental, a company specialising in the production of high-lubricity, low-sulphur marine fuel derived from recycled used motor oil.
Type: News
Rio Tinto picks Yancoal for Aussie coal mines
RIO TINTO has snubbed an offer from Glencore for its thermal coal assets in Australia, sticking instead with a lower offer of US$2.45bn from Chinese firm Yancoal.
Type: News
Aramco buys Shell’s 50% stake in SASREF
SAUDI ARAMCO is buying Shell’s 50% share of the SASREF joint venture in Jubail Industrial City, Saudi Arabia for US$631m.
Type: News
Anadarko agrees to review Occidental’s hostile bid
CHEVRON’S agreed merger with Anadarko Petroleum looks under threat after the US independent said it will resume negotiations with Occidental Petroleum, which lodged a hostile US$57bn bid last week.
Type: News
Anadarko accepts Occidental bid
ANADARKO Petroleum has accepted Occidental’s hostile acquisition bid, after Chevron announced that it would not increase its offer to acquire Anadarko.
Type: News
Saudi Aramco gives go ahead for largest ever stock listing
SAUDI Aramco has announced its intention to proceed with its long-awaited public stock listing, which is expected to be the world’s largest.
Type: News
Australia invests A$300m in hydrogen industry
UP to A$300m (US$193m) will be made available for a new advancing hydrogen fund to support Australia’s hydrogen industry.
Type: News
Ineos launches new healthcare business
INEOS has launched Ineos Hygienics as part of its pandemic response to produce hand gel and sanitiser sprays at scale.
Type: News
BP buys US biogas firm for US$4.1bn in push to go net zero
BP is buying US biogas producer Archaea Energy for US$4.1bn as part of its plans to reduce its reliance on fossil fuel production.
Type: News
Woodside and Santos merger talks collapse
AUSTRALIA’S Santos and Woodside have ended merger talks, ruling out their creation of a unified US$52bn LNG firm.
Type: News
Britvic rejects £3.1bn bid from Carlsberg
UK DRINKS manufacturer Britvic has turned down a £3.1bn (US$3.9bn) takeover bid from Danish brewer Carlsberg.
Type: News
Eni and Shell to face Nigeria bribery charges
AN Italian judge has ruled that Shell and Eni must face charges of aggravated international corruption over their purchase of the OPL 245 oil block in Nigeria.
Type: News
Occidental makes hostile US$57bn bid for Chevron
OCCIDENTAL has made a hostile bid for Anadarko Petroleum, trumping a US$50bn bid from Chevron.
Type: News
ExxonMobil arbitration could stop US$53bn Chevron/Hess merger
EXXONMOBIL has filed for arbitration in a bid to stop Chevron from getting Hess’s 30% stake in the prolific Stabroek block, as part of its US$53bn acquisition of the company.
Type: News
Wood Group signals willingness to accept £242m takeover bid from Sidara
WOOD GROUP has said it is open to a £242m (US$318m) takeover bid from UAE’s Sidara – nearly 85% lower than last year’s offer – as the engineering business grapples with mounting debt and the fallout from cultural failings.
Type: News
