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Exxon Mobil Puts Australian Bass Strait Oil, Gas Assets Up For Sale

2019-09-18 12:18:30| OGI

Exxon Mobil Corp. said on Sept. 18 it was looking to sell its 50% stake in the Gippsland Basin oil and gas development in Australia's Bass Strait as part of a broader review of its global portfolio of assets.

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SSE sale of retail business to Ovo creates new UK energy giant

2019-09-13 10:36:11| BBC News | Business | UK Edition

The transfer of 3.5 million SSE customers will make Ovo the UK's second largest energy firm.

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GE Begins Divestment Of Baker Hughes With $2.7 Billion Share Sale

2019-09-12 01:25:35| OGI

General Electric Co. (GE) on Sept. 11 said it plans to reduce its ownership in oil and gas company Baker Hughes A GE Co to 38.4% from 50.4% at June-end, and aims to raise $2.7 billion in the process.

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Trump plans ban on sale of flavoured e-cigarettes

2019-09-11 20:40:10| BBC News | Business | UK Edition

The president says his administration will implement strong rules to protect "innocent children".

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GE To Lose Majority Control Of Baker Hughes With Up To $3 Billion Share Sale

2019-09-11 03:14:35| OGI

General Electric is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of the U.S industrial conglomerate's stake in the oilfield services provider to less than 50%, Baker Hughes said on Sept 10.

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