merger | Egypt Oil & Gas - Part 2
Japan’s Oil Refiners in Talks over Planned Merger
Japan’s largest oil refiner JX Holdings and its rival TonenGeneral Sekiyu have confirmed to be in talks over a planned merger to be completed by 2017, Bloomberg informed. The new company is to control more than ...
Japan Making Way Back to Post-Sanction Iran Crude Market
Executives of Japan’s Showa Shell Sekiyu arrived in Tehran on Monday, reported Press TV. “The aim of the visit (by Showa Shell executives) is to increase the volume of oil bought from Iran during the post-sancti...
Sea Dragon Energy to Merge with Madison PetroGas
Sea Dragon announced a merger deal with Madison PetroGas. The purpose of the merger is to create a stronger company, which will be renamed SDX Energy. Egypt Oil & Gas (EOG) spoke to Ahmed Moaaz, Country Director...
Mergers a Key Tool in Abu Dhabi’s Debt Alleviation Plans
Abu Dhabi may merge its national energy company into another state-owned business to make the company’s crippling debts more manageable and try to turn around its performance, sources familiar with the matter to...
Petroleum Ministry: BG’s Egypt Projects Not Affected by Shell Buyout
In an exclusive with Youm7; informed sources at the Ministry of Petroleum and Mineral Resources said that Royal Dutch Shell’s purchase of the BG Group will have no impact whatsoever on BG’s projects and investments. T...
