Oil & Gas Refining and Marketing

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Murphy Oil Corp closes first phase of partial divestiture of Malaysian assets

Murphy Oil Corp:Says its subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd., have closed on the first phase of the sale of 30 pct of Murphy's Malaysian oil and gas assets to PT Pertamina Malaysia Eksplorasi Produksi that was originally announced on Sept. 30.Says the its first...

7:01pm IST

Royal Dutch Shell PLC agrees sale of downstream businesses Norway to ST1

Royal Dutch Shell PLC:Shell has signed agreement with ST1 for the sale of its retail, commercial fuels and supply and distribution logistics businesses in Norway.In addition, Shell's aviation business in Norway will become 50-50 joint venture with ST1.The sale is subject to regulatory approval and...

2:47pm IST

Meidu Holding Co Ltd to issue new shares through private placement

Meidu Holding Co Ltd:To issue up to 1,423,423,423 A shares of its common stock through private placement, at 5.55 yuan per share.To raise up to 7,900 million yuan in total.Proceeds raised will be used for domestic and overseas financial institution loan repayment and the United States oil field...

5:30am IST

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