Category: Energy & Utilities

Why Kroger's Delayed Merger Matters The Backstory Kroger, a retail giant, is considering postponing the closure of its $24.6 billion merger with Albertsons. This strategic move aims to dodge a...

Regulators cite ‘public interest concerns’ and shareholders object to offer for mining group with stake in Oyu Tolgoi project Source Author: unknown

Nov 6 (Reuters) - Canadian miner Turquoise Hill Ltd (TRQ.TO) said it has once again postponed by a week its special shareholder meeting to vote on the proposed take over by Rio Tinto Plc (RIO.L),...

Exxon Mobil Corp (XOM.N) will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled since a 2015 pipeline spill....

Massive stimulus, in the amount of $400bn, has given the renewable energy movement a spark, but energy transition is challenged as inflationary pressures have brought investors back to oil and gas....

Shell PLC said on Thursday that it is beginning a $4 billion share buyback program over the next three months to reward investors, as the energy giant reported its latest "robust" profits....

Source Author: unknown

Source Author: unknown

The number of deals in the U.S. oil and gas industry declined sharply in August, with only 21 deals against 32 in the year-ago month and a value of $12.58 billion instead of $21.55 billion, according...