Exxon Mobil team will study situation in Indonesia's Aceh

Article Abstract:

Exxon Mobil Corp. is considering reopening its natural gas operations in the Aceh province of Indonesia. The province has been beset by political violence caused by a movement for independence.

Indonesia, Onshore Gas, Natural gas, Aceh, Indonesia, Natural resources, Exxon Mobil Corp.

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GDF urges a resolution of merger deal with Suez: France vows decision by end of September; profit decline posted

Article Abstract:

State-run Gaz de France is urging Belgian-French gas utility Suez S.A. to come to an agreement regarding the two firms' planned merger. Meanwhile, first-half net profit for Gaz de France declined 11% due to lower prices and demand.

Acquisitions & mergers, Sales, profits & dividends, Belgium, Crude Petroleum & Natural Gas, Natural gas liquids, Petroleum refining, Oil & Gas Extraction, Oil and Gas Extraction, Mergers, acquisitions and divestments, France, Company acquisition/merger, Company sales and earnings, Company earnings/profit, Company business planning, SUEZ S.A., Gaz de France

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Kia auction is canceled as bidders are averse to assume firm's debt

Article Abstract:

Kia Motors Corp.'s international auction was terminated as bidders raised concerns about assuming all of the company's debts. The reluctance of the bidders put the future of Kia Motors in doubt. The company is the third-largest manufacturers of cars in South Korea. Lee Jong Dae, the president of Kia, said that none of the offers met all the criteria established by creditors.

Comment:

Kia Motors Corp.'s international auction terminated as bidders raise concerns about assuming all of the company's debts

South Korea, Automobiles, Automobile Manufacturing, Kia Motors Corp., Article

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