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Warren Buffetts Berkshire Hathaway Buys Dominion Gas Business Worth Nearly $10 Billion

2020-07-06 00:15:00| OGI

The deal reflects a strategic repositioning by Dominion Energy on its utility operations, according to CEO Thomas F. Farrell II, and also follows the companys decision to cancel the Atlantic Coast Pipeline.

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Nigerian government expects digital broadcasting switch to yield USD 1.1 billion

2020-07-03 09:52:00| Telecompaper Headlines

(Telecompaper) Information minister Lai Mohammed says the Digital Switchover (DSO) will fetch Nigeria USD 1.1 billion from the collection of TV licences and digital access fees, Premium Times reported. Mohammed said the spectrum vacated once the analogue to digital migration has been completed "will fetch USD 1 billion on its own." 

Tags: digital government usd switch

 
 

INEOS Acquiring BP\'s Global Aromatics, Acetyls Business for $5 Billion

2020-07-02 16:00:03| Coatings World Breaking News

The business consists of 15 sites across the world (5 in the Americas, 2 in Europe and 8 in Asia) as well as 10 joint ventures.

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BP Completes Part of $5.6 Billion Alaska Sale to Hilcorp Energy

2020-07-02 15:05:00| OGI

The agreement calls for Hilcorp to pay $4 billion to BP over an unspecified time, with the remaining $1.6 billion based on future earnings from the Alaskan properties.

Tags: to part sale energy

 

Shell to Write Down Up to $22 Billion After Coronavirus Hit

2020-06-30 11:10:00| OGI

The Anglo-Dutch company has already been preparing a major overhaul after CEO Ben van Beurden laid out plans in April to reduce Shell's greenhouse gas emissions to net zero by 2050.

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