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EXXONMOBIL ACQUISITION
Exxon, Lyondell among suitors for Shell's US chemical assets, could fetch $8 billion, FT reportsShell is reportedly seeking to sell its U.S. chemical assets for up to eight billion dollars. Several major companies and a private equity ...- Chevron share rises as it clinches Hess acquisition after winning Exxon legal battleChevron closes Hess acquisition after winning a legal fight with Exxon Mobil, securing its $55 billion deal and gaining access to Guyana’s ...
- BP Shell merger: Is the biggest merger ever in oil and gas industry happening? Check market cap, debt, valuationBP was valued at nearly $80 billion on Wednesday with net debt of $27 billion while Shell's market capitalisation stood at more than $208 b...
- India must invest in carbon capture and use technologies and gamingExxonMobil's acquisition of Pioneer Natural Resources, a shale oil biggie in the Permian Basin, for $59.5 billion. Microsoft's acquisition ...
- ONGC Videsh says oil movement from Sakhalin-1 project disrupted due to sanctions against RussiaSakhalin-1 produced around 271,000 barrels of oil per day in January and February 2022, according to the Russian Energy Ministry data, agai...
- ONGC weighs raising stakes in Russian oil despite Shell snubONGC, Bharat Petroleum, Indian Oil, and Oil India have also held preliminary discussions among themselves to evaluate buying BP's 20% stake...
- Crisil elevates Amish Mehta as MD & CEOMehta has more than two decades of leadership experience across industries and joined Crisil in October 2014 as President and Chief Financi...
- SEBI’s delisting norms make senseThe proposed changes would allow an acquirer to launch an open offer and initiate delisting simultaneously by announcing a takeover price a...
- Jindal Poly Films in talks to acquire European operations of DuPont Teijin FilmsIf completed, the acquisition will propel the company to the world's largest in a category that's dominated by Chinese conglomerate Kangde ...
- ONGC Videsh loses bid for two oil blocks in MexicoONGC Videsh Ltd, the overseas arm of state-owned explorer Oil and Natural Gas Corp (ONGC), has lost out on its bid for two oil blocks in Me...
- ONGC Videsh seeks tax parity with ExxonMobilONGC Videsh, partner in the project, has decided not to join the arbitration but seek tax parity.
- ONGC Videsh output to stay flat in the wake of drop in global oil pricesThe production had jumped from 8.36 mmtoe in 2013-14 mainly on account of acquisition and can beat the annual target again if fresh acquisi...
- India Inc's M&A deals down 21% in May; down 66% so far this yearDuring May, there were 42 M&A transactions worth $ 1,304 mn, registering a decline of 21.49% from the year-ago period.
- OVL completes acquisition of 2 Caspian assetsUS energy firm Hess Corporation has completed the $1-billion sale of its stakes in oil-rich Chirag and Guneshli fields to ONGC Videsh (OVL).
- ONGC gets partners' nod for $5 billion Kashagan stake buyAfter years of delay and at a total cost of more than $40 billion, Kashagan is due to begin production in the second quarter of 2013.
- ONGC gets project operator's nod for $ 5 billion Kashagan stake buyEni, ExxonMobil of US, Royal Dutch Shell, France's Total and Kazakhstan's Kazmunaigas (KMG) hold 16.81 per cent stake each in the field, wh...
- Home oil supplies in mind, PM tells oil cos to buy foreign assetsIndia’s energy demand would increase by over 40% in the next 10 years but supply from its ageing oil-fields was expected to increase around...
- RIL to pick up 45% in Texas shale gas field for Rs 6,500 croreReliance Industries (RIL) will make its second investment in two months in a large shale gas field in the US, as it tries to cash in on a b...
- Dorf Ketal buys DuPont unit for $40 mnMumbai-based specialty chemicals company Dorf Ketal Chemicals has acquired the global specialty catalysts business of DuPont Chemicals and ...
- ONGC to pay $425 mn for Columbian oil firmONGC Videsh Ltd, the overseas arm of ONGC, and Chinese firm Sinopec are paying 850 million dollars to acquire Omimex de Columbia that curre...
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