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Oil M&A is on the rise, i-banks are hiring in response, and China's run on commodities just got a hefty push. China National Petroleum Corp., parent of PetroChina Co. Ltd. (NYSE:PTR), is receiving a low-interest $30 billion loan to finance overseas acquisitions. Companies are trying to climb out of the...
Posted on September 9, 2009 2:54 PM
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
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
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