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Updates - Encana names new CEO, former BP Plc executive Doug Suttles

Doug Suttles has three-decades of experience as an oil and gas veteran. (Photo : )Oil and gas veteran Dough Suttles (left) formerly of BP, is now CEO of Escana Doug Suttles preceded interim CEO Clayton Woitas.


Oregon LNG Files Export Application with FERC

Oregon LNG files export application with FERC that is necessary for its site operation and pipeline construction.

Indian Government to Ask ONGC for Videocon Deal Error

The Indian government is asking for an explanation about a premature statement issued by ONGC regarding its US$2.5 billion deal with Videocon.

Infosys Hunts for CEO Non-Founder May Take Over

Infosys, India's second biggest software exporter is said to be globally hunting for a new CEO that is a non-founder of the company.


Latest News

The following bids, mergers, acquisitions and disposals were reported on Tuesday The following bids, mergers, acquisitions and disposals were reported on Tuesday:- Google Inc bought Israeli mapping startup Waze on Tuesday for just over $1 billion, a source familiar with the matter said, acquiring an online real-time mapping service to safeguard its lead in one of the most crucial aspects of smartphone usage.
Lio Energy Systems Holdings and Miles Electric Vehicle filed for Bankruptcy last May 1. Sales have been slow for the electric automobile company. The same mishap has been experienced even by industry leaders GM, Ford, Nissan, and Honda Motor Co, when despite their heavy investments still experienced slow sales from electric vehicles.
The British water company refused negotiations before deadline of bid. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. No new offer from the LongRiver consortium, until talks with the board will be pursued.
KT Capital Partners, LP and CapitalSouth Partners Fund, acquires majority of stake at CableOrganizer .com.
1.2 billion euros worth of bonds will be issued with the attempt to boost the company’s finance arm
Insight Venture Partners is the leading investor of the said fund. (Photo : intel capital) A $42. 8 million worth of funding was received by BrightEdge, led by Insight Venture Partners.
TopSpin LBO forms GHS Interactive Security to acquire Lifeline Security and Automation. (Photo : Reuters)The image is the corporate logo of TopSpin LBO.
Alpheus Communications closes a loan facility totalling US$135 million. (Photo : Reuters)The image is the corporate logo of Alpheus Communications. The Bank Street Group was the joint lead arranger for senior secured financing worth US$135 million.
MaxTradeIn is a free website that allows consumers to list their vehicles, with headquarters in Indianapolis.
Yen hit 96.47 gained 2% against the US dollar. (Photo : REUTERS) Investors were prompted to unwind some of their best bets against the yen, as a response to BoJ 's complacent reaction to the turbulent markets.