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Black Stone Minerals Completes Permian Basin Asset Sales

2020-07-28 21:05:00| OGI

Black Stone Minerals certain mineral and royalty properties from its Permian Basin position through two separate agreements with the larger of the two involving EnCap portfolio company Pegasus Resources.

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Chevron Says Profits Jump on Asset Sales, Cuts 2020 Spending Plans Again

2020-05-01 15:21:38| OGI

Chevron Corp. on May 1 delivered a year-over-year 38% increase in profits and slashed its capital spending plans by another $2 billion as the coronavirus pandemic guts global demand for oil and gas.

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Gulfport Energy Scores Asset Sales Totaling Over $100 Million

2019-12-19 23:00:00| OGI

Gulfport Energy, which has faced activist investor pressure this year to improve its stock performance, agreed to divest various noncore assets including water assets across its Scoop position in Oklahoma.

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BT starts asset sales with Fleet Solutions deal

2019-08-06 02:00:00| Total Telecom industry news

BT has agreed to sell its fleet management business to investment group and turnaround expert AURELIUS Equity Opportunities for an undisclosed sum. The deal is due to close in the second half of the year and AURELIUS will rebrand BT Fleet Solutions within the next 12 months…read more on TotalTele.com »

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Total Plans $5 Billion In Asset Sales As Second-Quarter Profit Falls

2019-07-25 12:06:13| OGI

Total will sell around $5 billion worth of assets, mostly from its upstream exploration and production business, as it seeks to focus on low breakeven projects that can weather weak oil prices, it said on July 25.

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