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While there's been a frenzy of deals in the alternative energy market, fossil fuels still dominate the numbers when it comes to consumption and investment from companies such as Exxon Mobil Corp. (NYSE:XOM). Note these three deals involving China and Australia, Russia and Venezuela, and Iran and Malaysia.PetroChina Co....
Posted on August 18, 2009 10:47 AM
PricewaterhouseCoopers released an analysis of energy M&A for the second quarter this week, and like other recent reports, the news was good.The recovery in the credit markets and the bounce in the equity markets boosted energy M&A in the second quarter versus the first in terms of numbers (84...
Posted on July 24, 2009 8:41 AM
Strategics in the oil sector feeling an economic upturn is in sight have been running to the deal table as valuations are still a bit depressed. In turn, investment banks and law firms alike have responded by hiring as they look to reign in M&A advisory fees.Some big deals have...
Posted on July 2, 2009 10:11 AM
As oil prices rebound -- almost doubling in price per barrel since December -- Russian oil giant OAO Gazprom's oil arm may issue up to $1 billion in bonds to support its quest for acquisitions.Gazprom Neft's chief executive Alexander Dyukov said it is in talks with Russian oil firm...
Posted on June 22, 2009 11:24 AM
Although France's Total SA denied it had made a specific commitment, Bolivia said Russia's Gazprom and Total will invest about $4.5 billion in a natural gas project with the Bolivian Yacimientos Petroliferos Fiscales Bolivianos, or YPFB, according to an online Russian news agency. Gazprom and Total will each get 24.5%...
Posted on September 24, 2008 8:35 AM
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