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Range Resources to offload natural gas operations in Virginia for $876m

2015-11-04 01:00:00| Hydrocarbons Technology

US-based oil and natural gas producer Range Resources is set to offload its natural gas operations in southwestern Virginias Nora field for $876m in a bid to reduce debt.

Tags: range resources natural operations

Diageo to further offload wine business

2015-10-21 13:02:15| Beverages - Topix.net

Diageo is putting its Chalone Vineyard winery up for sale after it was left out of last week's A 361 million deal with Treasury Wine Estates. Treasury reportedly turned down the offer to buy Chalone from Diageo - instead opting to buy its Sterling, Beaulieu and Blossom Hill brands - because it already produces plenty of Chardonnay wines.

Tags: business wine offload diageo

E.ON to offload 100% stake in North Sea assets for $1.6bn

2015-10-15 01:00:00| Offshore Technology

Germany-based E.ON has agreed to sell 100% of its stake in its Norwegian oil and gas business E.ON E&P Norge to DEA Deutsche for $1.6bn.

Tags: north sea assets stake

Lundin Petroleum to offload Indonesian oil and gas assets

2015-10-12 01:00:00| Hydrocarbons Technology

Swedish company Lundin Petroleum has signed a sale and purchase agreement (SPA) to sell its Indonesian oil and gas assets to Medco Energi Internasional.

Tags: gas oil assets petroleum