U.S. energy firm Chevron is trying to sale its Caltex Australia Stake for $3.6 Billion. Chevron is offering 135 million shares in Caltex at a floor price of A$34.20 each, a 9.7 percent discount to Friday’s close. View the full release here.
Chevron may sell Australia Stake $CVX $USO Read More »
PetroChina Co. is in talks with some Global Companies to sell out its Canadian Assets in an effort for survival in Crude Price slump. The firm may try to swap the assets with some Canadian firm. View the full release here.
PetroChina to leave Canada Assets $PTR #XLE Read More »
Schlumberger Ltd. have to cover a list of conditions in the deal for buying the Russia largest Oil Driller. Both firms have go thorough a meeting within 10 Days. View the full release here.
Schlumberger Deal terms in Russia $SLB $UOS Read More »
Italian energy Eni and Korea Gas Corp both are unable to find exploitable hydrocarbons in their Cyprus drilling. View the full release here.
Eni Cyprus Drill Failed $E $UNG Read More »
PetroChina Co., China’s largest Oil & gas producer, announced its annual results which shows lowest profit in 5 years due to falling Crude Oil Prices. The firm’s Net Income declines to $17 Billion, Sales rose 1.1% and production dropped 3.6%. View the full earnings release here.
PetroChina Net Profit Falls $PTR $USO Read More »
