Eni to pay $4.8 bil for Dominion's assets in Gulf of Mexico

Article Abstract:

Italian petroleum company Eni S.p.A. will purchase the Gulf of Mexico assets of US-based Dominion Resources Inc. for $4.8 bil, which is expected to raise Eni's production from 36, 000 to 110,000 barrels of oil equivalent per day. $680 mil of exploration assets are included in the deal.

Electric Utilities, Electric Power Generation, Transmission and Distribution, Electric services, Gulf of Mexico, Italy, United States, Eni S.p.A., Natural resources, Dominion Resources Inc., D

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Shell may sell oil assets: Cnooc is likely bidder for stake in project on North West Shelf

Article Abstract:

Royal Dutch Shell PLC is evaluating a potential sale of its Australian oil assets on the North West Shelf, with Hong Kong's CNOOC Ltd. a possible bidder. Shell has a 16.67% stake in the Shelf, which generates 100,000 barrels of crude per day.

Australia, Netherlands, Hong Kong, Royal Dutch-Shell PLC, CNOOC Ltd.

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Indian court ruling postpones Hindustan Petroleum stake sale

Article Abstract:

The planned minority privatization of Hindustan Petroleum Corp. has been postponed by a court in India. The Indian government is planning to privatize 34% of Hindustan.

India, Privatization, Privatization (Business), Hindustan Petroleum Corporation Ltd.

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