Stake

  • BPCL to Acquire OQ Stake in Indian Refinery

    BPCL to Acquire OQ Stake in Indian Refinery

    Sunday, 14th February 2021

    Bharat Petroleum Corporation Limited (BPCL) announced in a statement to the stock exchange, that it will acquire OQ’s shares in the Bina refinery project for RO 120 million.

  • DNO Acquires ExxonMobil’s Stake in Baeshiqa License

    DNO Acquires ExxonMobil’s Stake in Baeshiqa License

    Thursday, 11th February 2021

    The Norwegian DNO ASA company announced its acquisition of ExxonMobil’s stake which is 32% in the Baeshiqa license located in Kurdistan region of Iraq.

  • Petrobras Completes its Exit from the Frade Field

    Petrobras Completes its Exit from the Frade Field

    Sunday, 7th February 2021

    Petrobras company announced that it has completed its 30% stake sale from the Frade field which is located in the Campos Basin, to PetroRio Jaguar Petrolelo Ltda, a subsidiary of PetroRio S.A that holds the remaining 70% share.

  • EG Group Agrees to Acquire Majority Stake of Asda

    EG Group Agrees to Acquire Majority Stake of Asda

    Thursday, 4th February 2021

    Euro Garages Group (EG Group) announced that it had reached to an agreement to acquire the majority ownership stake in Asda Group Limited (Asda) including its assets of petrol stations, car washes and ancillary land (Business forecourts) worth £750 million.

  • Petrobras to Sell Remaining Stake in BR Distribuidora for BRL 26 Per Share

    Petrobras to Sell Remaining Stake in BR Distribuidora for BRL 26 Per Share

    Wednesday, 3rd February 2021

    The Brazilian State- controlled Oil Producer Petrobras agreed to sell it remaining shares in BR Distribuidora if its stock recovers to BRL 26 per share.

  • Indian RIL Sells Stake in Gulf Africa to Total

    Indian RIL Sells Stake in Gulf Africa to Total

    Tuesday, 31st May 2016
    Indian conglomerate holding company Reliance Industries (RIL) has sold its entire 76% stake in the Mauritius-incorporated fuel retailer Gulf Africa Petroleum Corp, GAPCO, to the French group Total of France for an undisclosed sum.