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Weir Group to Sell Oil and Gas Division to Caterpillar for $405 Million

2020-10-05 11:10:00| OGI

The transaction includes Weir's North American and international oil and gas operations, comprising its pressure pumping and pressure control business units, and associated after-market spares among other things.

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US Shale Producer Callon Petroleum Addresses Debt with $170 Million Asset Sales

2020-10-02 01:00:00| OGI

The larger of the asset sales was the divestiture of an overriding royalty interest in substantially all Callon-operated oil and gas leaseholds to a private investment vehicle managed by private equity firm Kimmeridge Energy.

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JPMorgan Targets $700 Million for Residential-Development Fund

2020-10-01 20:08:00| National Real Estate Investor

The fund will seek to deliver annual returns of 13 to 15 percent after fees by developing single-family and multifamily rentals outside gateway markets.

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Occidental Petroleum to Sell Colombia Onshore Assets for $825 Million

2020-10-01 17:30:00| OGI

Occidental Petroleum said it is continuing to advance other asset sales as it tries to find cash to pay off debt amid a crude price crash. It has so far announced over $2 billion worth of divestitures this year.

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Smithfield donates 10 million pounds of protein to Feeding America

2020-10-01 14:57:00| National Hog Farmer

Company's employees collect additional 57,000 pounds of food as part of annual Hunger Action Month food drive.

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