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Divestiture news and technical articles from Oil & Gas Journal. Search Divestiture latest and archived news and articles

  1. FTC accepts CB&I's divestiture proposal to address antitrust concerns

    Online Articles

    Fri, 12 Dec 2008

    Federal Trade Commission on Nov. 28 approved a proposed divestiture by Chicago Bridge & Iron Co. to relieve antitrust concerns ..... monitor trustee in the case for six months, it indicated. The divestiture proposal which CB&I announced on Sept. 25 included a license

  2. FTC accepts CB&I's divestiture plan to address antitrust concerns

    Online Articles

    Tue, 2 Dec 2008

    Federal Trade Commission on Nov. 28 approved a proposed divestiture by Chicago Bridge & Iron Co. to relieve antitrust concerns ..... monitor trustee in the case for 6 months, it indicated. The divestiture proposal, which CB&I announced on Sept. 25, included


    Magazine Articles

    Mon, 25 Mar 1991

    refinery expansion and a related offer to divest 30% of its Thai downstream interests to the Thai government and public. The divestiture involves Esso Standard Thailand (EST), wholly owned subsidiary of Esso Eastern. The move is a break with Exxon's long


    Magazine Articles

    Mon, 13 Jun 1994

    has made remarkable strides toward reforming its oil industry in the past year but now appears to be retreating from total divestiture of federal oil assets. Daniel Hokama, minister of energy and mines, recently disclosed the government will keep a share

  3. TransCanada nearing 40% of divestiture goal

    Online Articles

    Fri, 28 Jul 2000

    facilities, by yearend. "Sales under the divestiture program have been in line with our expectations ..... TransCanada continues to make progress on the divestiture of assets not associated with its core ..... or has agreements to sell under its divestiture program include its interests in

  4. DuPont plans IPO to start Conoco divestiture

    Magazine Articles

    Mon, 18 May 1998

    contribution as we consider the options for divestiture . "Given this, as well as Conoco ..... determination as to the form and timing of such divestiture will be based on cash needs and market ..... with negative implications. "The divestiture of this business, which accounted for

  5. TransCanada inks deals in C$3 billion divestiture program

    Online Articles

    Thu, 23 Nov 2000

    International. The sales form part of a $3 billion (Can.) plus divestiture program by the Canadian company. The Mexican sale to Gaz de France unit ..... said the sales bring the company close to completion of its divestiture program, aimed at selling assets in order to focus on its

  6. Williams evades potential bankruptcy filing through asset divestiture plan

    Online Articles

    Tue, 13 Aug 2002

    trading group will be a much smaller organization going forward," he said. Reactions Shortly after Williams revealed its divestiture plan, Fitch Ratings released a research note that called the planned transactions "clearly positive," adding that the

  7. COMPANY NEWS: Koch, CMS Energy undergo restructuring, asset divestiture

    Magazine Articles

    Mon, 12 Nov 2001

    market and will help satisfy the crude oil needs of our refineries," said Anders Morland, president of BP Russia. BG divestiture BG's Italian assets include nine exploration permits and 18 production concessions. BG is keeping 12 exploration licenses

  8. Ashland completes Arch Coal divestiture

    Online Articles

    Thu, 22 Feb 2001

    Covington, Ky.-based Ashland Inc. said Thursday it sold its remaining common stock in Arch Coal Inc., St. Louis, the second largest US coal producer, and will use the proceeds to pay down corporate debt. Concurrently, Arch Coal said it completed a primary offering of 5.2 million shares of stock at

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