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...BHP’s now looking to sell its mature oil and gas assets beginning with its Bass Strait field off the coast of Australia, having failed to find any Tang dynasty artifacts there either....
...Electric vehicles, a backlash against plastics and the rise of alternative fuels all threaten to cap oil demand, L&G argues....
...With institutions such as Schroders, L&G and Aviva on its share register, Sports Direct failed to scrape together the support that Mr Ashley needed....
...(Financial Times) “A U.S. bankruptcy judge ruled Anadarko Petroleum could be liable for at least $5 billion in a lawsuit over environmental and legal liabilities related to its 2006 acquisition of Kerr-McGee...
...If oil prices remain high, Dubai benefits as the prime location to recycle petrodollars....
...Onshore US gas producers were lower. Cabot Oil & Gas fell 0.2 per cent to $33.66. QEP Resources fell by 1.7 per cent to to $29.68, and Murphy Oil lost 0.3 per cent to $64.96....
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...Elsewhere, Cairn Energy gained 4.8 per cent to £20.71 and BG Group rose 2.7 per cent to 695p, excited by events in the US where Anadarko Petroleum snapped up Kerr-McGee and Western Gas Resources in two separate...
...The S&P 500 was up 0.2 per cent, to 1,228.40. Merger activity continued on Monday with oil and gas company Kerr-McGee agreeing to sell its North Sea oil assets for $3.5bn. Denmark’s A.P....
...Merger reports flooded the market with oil and gas company Kerr-McGee agreeing to sell its North Sea oil interests to Denmark’s Moller-Maersk for $3.5bn. Shares rose 3.7 per cent to $85.01....
...Kerr McGee, the oil and gas explorer, fell 5.6 per cent to $70.25 after it agreed to buy back almost 47m shares at $85 each....
...Sea oil and gas assets of US producer Kerr-McGee for a total of about $3.5bn....
...Centrica diped 0.5 per cent to 236½p on news it had acquired interests in four producing gas fields from US company Kerr McGee in a deal worth £318.6m....
...Kerr McGee, the oil and gas producer, received an extra boost after Carl Icahn, the billionaire financier, said he was considering investing up to $1bn in the company....
...Kerr McGee, the oil and gas producer, rose 0.6 per cent to $76.30 amid continued talk that Carl Icahn, the billionaire financier, might invest up to $1bn in the company, possibly in an effort to pressure...
...CNOOC, China's biggest offshore oil and gas producer, rose 2 per cent to HK$3.925 after announcing that its parent company had signed an exploration contract with a unit of US oil and gas company Kerr-Mcgee...
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