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Blueknight Energy Partners to Sell Crude Oil Business for $162 Million

2020-12-23 15:39:17| OGI

Blueknight Energy Partners LP has entered into multiple definitive agreements on Dec. 21 to sell its crude oil terminalling, pipeline, and trucking business segments for approximately $162 million in total cash consideration, including estimated crude oil linefill and inventory.

Tags: business sell million partners

 

UKs SSE to Sell Gas E&P Assets to Viaro Energy for $161 Million

2020-12-22 15:33:43| OGI

British energy supplier SSE said on Dec. 22 it has agreed to sell its portfolio of natural gas exploration and production assets to U.K.-based upstream energy company Viaro Energy for 120 million pounds (US$161 million).

Tags: sell million energy gas

 
 

BASF Agrees to Sell Kankakee, Illinois Site to One Rock Capital Partners

2020-12-21 10:00:00| Coatings World Breaking News

The businesses have around 160 employees.

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Enel board to sell minimum 40% stake in Open Fiber to Macquarie

2020-12-18 09:17:00| Telecompaper Headlines

(Telecompaper) Italian energy giant Enel said its board has given the go ahead to sell up to 50 percent of wholesale operator Open Fiber to Australian fund Macquarie, potentially paving the way to a nationwide fibre-optic network open equally to all market players. In a statement, Enel said its CEO had been given a mandate to sell between 40 percent and 50 percent of Open Fiber to Macquarie by June. The Australian fund has agreed to pay EUR 2.65 billion for Enel's full 50 percent stake, including the transfer of a shareholder loan worth EUR 270 million.

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Oil Giant Aramco May Have to Sell Assets to Maintain Saudi Dividend

2020-12-16 19:05:00| OGI

While Saudi Arabia has increased non-oil revenues this year, Saudi Aramco still accounted for more than half its total income, and will be key to containing a budget shortfall this year.

Tags: sell oil maintain assets

 

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