News Desk

News Desk

Shell sells $1.3bn of assets

Royal Dutch Shell announced the sale of oil and gas assets in Norway and Malaysia for over $1.3 billion, bringing it closer to a target of $30 billion in disposals by...

News Desk

Baytex to buy RRE

Baytex Energy Corp will buy rival Raging River Exploration (RRE) for C$2.8 billion ($2.13 billion), the Canadian oil and gas producer said, becoming the latest company to...

News Desk

Jinko solars go to Florida

Chinese manufacturer JinkoSolar Holding Co Ltd expects to start manufacturing solar panels at a new factory in Jacksonville, Florida, by the fourth quarter, and...

News Desk

Noble wins over Goldilocks

Embattled commodities trader Noble Group is set to embark on a $3.4 billion debt restructure that it sees as crucial to its survival after winning over a key shareholder...