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

  1. 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

  2. Maersk to buy deepwater Devon interests

    Online Articles

    Tue, 22 Dec 2009

    Devon Energy Corp., in line with a recently announced divestiture plan, has agreed to sell its interests in three Lower ..... billion. It said it will open data rooms on the remaining divestiture assets in the first quarter of 2010.

  3. DQE may put itself up for sale

    Online Articles

    Wed, 6 Dec 2000

    been retained to explore options that could "result in the divestiture of some or all of DQE's component businesses, including ..... 19 major electric companies that have completed generation divestiture already have merged or are in the process of merging with

  4. CXY Energy to buy Northridge Petroleum Marketing

    Online Articles

    Thu, 13 Jul 2000

    transaction is part of its previously announced $3 billion divestiture program. NPML markets and trades Canadian crude oil and ..... also will keep TransCanada on track to meet its $3 billion divestiture target, said Doug Baldwin, TransCanada's president and


    Magazine Articles

    Mon, 31 Dec 1990

    Corp. Tulsa The purpose of this paper is to evaluate the divestiture of minor value working and royalty interests (worth less ..... public auctions. Specifically, this work focuses upon the divestiture of minor value (less than $20,000) properties through

  6. BP puts UK Coryton refinery up for sale

    Online Articles

    Tue, 27 Jun 2006

    initial discussions with a number of potential buyers interested in its 163,400 b/cd Coryton refinery in Essex, UK. The divestiture stems from BP's decision to maintain a smaller network of European refineries. The sale includes Coryton's distribution

  7. Assessing competitive scenarios for the new UK North Sea playing field

    Magazine Articles

    Mon, 25 Aug 2003

    BP PLC's divestiture of its Forties field assets to Apache Corp., as well as the sale of its interests in several southern North Sea gas fields to

  8. TransCanada to sell Netherlands assets to French firm

    Online Articles

    Wed, 23 Aug 2000

    Gaz de France, for 371 million euros ($332.9 million). The sale will have an effective date of July 1, 2000. The divestiture is part of TransCanada's business refocusing program announced in 1999 (OGJ, Dec. 20, 1999, p. 32). TransCanada

  9. FTC OKs Texaco/Shell/Aramco refining merger

    Magazine Articles

    Mon, 29 Dec 1997

    certain U.S. downstream assets of Texaco Inc., Shell Oil Co., and Saudi Arabian Oil Co. (Saudi Aramco), pending the divestiture of selected assets. The merger includes the assets of Star Enterprise, a 50-50 refining joint venture of Texaco and Saudi

  10. Anschutz Exploration to sell Appalachian assets

    Online Articles

    Thu, 7 Oct 2010

    Anschutz Exploration Corp., Denver, has entered into a definitive agreement to sell the Appalachian portion of its planned divestiture program to an undisclosed buyer. The assets consist of currently producing oil and gas properties, as well as 500,000

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