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TransCanada's exit from Alaska official; state's project buyout complete

2015-11-26 00:12:21| Energy - Topix.net

TransCanada Corp. has exited an Alaska liquefied natural gas project, with the state buying out the company's interest for US$64.6 million. In a special session earlier this month, the state legislature approved funding to take on a bigger stake in the project and, on Wednesday, Gov. Bill Walker announced the acquisition was now complete.

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Shareholder backs UK exit for HSBC

2015-11-23 09:15:25| BBC News | Business | UK Edition

HSBC shareholder Standard Life would back banking giant HSBC if it decided to move its headquarters out of the UK.

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Statoil announces it will exit US Arctic petroleum leases off Alaska's northwest coast

2015-11-17 22:54:16| Energy - Topix.net

Another major oil company is abandoning its plans to drill in the Arctic Ocean off the northwest coast of Alaska. The Norwegian company is also abandoning its stake in 50 Chukchi leases operated by ConocoPhillips.

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Statoil announces it will exit US Arctic petroleum leases off Alaska's northwest coast

2015-11-17 22:50:38| Oil & Gas - Topix.net

Another major oil company is abandoning its plans to drill in the Arctic Ocean off the northwest coast of Alaska. The Norwegian company is also abandoning its stake in 50 Chukchi leases operated by ConocoPhillips.

Tags: coast exit northwest announces

 

Apache wraps up $US6b exit from Australia with fertiliser unit sale

2015-10-30 02:08:19| Oil & Gas - Topix.net

US oil and gas player Apache Corporation has wrapped up its $US6 billion exit from Australia with the $US391 million sale of its stake in a fertiliser plant in Western Australia's Pilbara region to its joint venture partner, Norway's Yara International. The sale of Apache's 49 per cent interest in Yara Pilbara Holdings was the third deal involved with the US company's withdrawal from Australia following the $US3.75 billion sale of LNG interests to Woodside Petroleum and the $US1.9 billion sale of gas assets to Brookfield Asset Management and Macquarie Capital.

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