South Africa is negotiating with the Chinese oil firm Sinopec about its acquisition of Chevron Corp's Cape Town refinery to confirm that the production capacity of the refinery is maintained and improved.
UK’s RockHopper Exploration bought Beach Petroleum (Egypt) Pty Limited for $11.9m. The acquisition was funded by the company's existing cash resources with Beach Petroleum retaining the majority of of the Egyptian Ge ...
Qatar-based Nebras Power is seeking to expand its investments in Oman and has announced plans to acquire Qatar Electricity and Water Company’s (QEWC) stake in Phoenix Power Company that owns and runs one of the large ...
Royal Dutch Shell said on Tuesday that its planned acquisition of BG Group still makes financial sense, despite low oil prices, which analysts say are likely to continue for some time.