'Stigma' off Petrocan as Ottawa gets out

Article Abstract:

Ottawa is slicing from Petro-Canada thus ending the 'stigma' of government ownership as it charts an aggressive international expansion. Petrocan has announced that the federal government is selling its 49.4 million shares in the Calgary-based company, worth about $3-billion, marking the largest single share sale in Canadian history.

Petro-Canada Inc., Ottawa, Ontario

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Focus Trust buys Profico for $1.1-billion

Article Abstract:

Focus Energy Trust plans acquisition of Profico Energy Management Ltd. The details of $1.1 billion deal are presented.

Natural gas liquids, Oil & Gas Extraction, Oil and Gas Extraction, Gas industry

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Russian oil giant seals $2-billion bid for Nelson

Article Abstract:

The details surrounding the bid of OAO Lukoil for Nelson Resources Ltd. are presented.

Russia, Bermuda, OAO Lukoil, Nelson Resources Ltd., LUKOY

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