Targa Resources companies combine in $6.7 billion deal
The deal will have Targa Resource Corp. purchase the company it indirectly controls, Targa Resources Partners.
View ArticleHalliburton to take on $7.5 billion in debt for Baker Hughes deal
Should the deal fall through, Halliburton plans to use the proceeds from the notes to pay for general corporate purposes.
View ArticleApache shares surge on report of interested buyer
Apache Corp. shares climbed as much as 13 percent on Monday.
View ArticleMarathon Petroleum offers sweetener in pending MarkWest acquisition
Marathon Petroleum Corp. has upped the cash offer by $400 million in its pending, multibillion-dollar acquisition of Denver-based MarkWest Energy Partners. Marathon was prompted to offer the cash...
View ArticleDirect Energy buys Panoramic Power energy management company
The $60 million deal will help boost Direct's offering to help businesses and industrial plants better manage and monitor their energy usage.
View ArticleGE launches new renewable energy business
The new business unit is heavily focused on wind power and turbine manufacturing.
View ArticlePetroChina in $2.4 billion asset sale as parent target nears
Beijing-based PetroChina’s board approved a plan to sell a 50 percent stake in Trans-Asia Gas Pipeline Co. to a unit of state-owned China Reform Holdings Corp.
View ArticleSeeking approval for merger, Halliburton resubmits filing to EU antitrust...
Oil field services giant Halliburton has resubmitted a filing to antitrust regulators in the European Union as it presses forward with plans for a $35 billion deal to acquire rival Baker Hughes.
View ArticleWoodside abandons $8 billion takeover bid for Oil Search
Oil Search tumbled 16 percent at the close in Sydney, the most in seven years, while Woodside slumped to the lowest in a decade.
View ArticleBG Group investors approve Shell deal
Ninety-nine percent of BG Groups shareholders approved the deal.
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