StatOil and partners venture to create pipeline

StatOil and its partners invested for an oil transport project. (Photo : Reuters)This is the logo of Statoil ASA. Statoil Asa and its partners sealed a partnership today for a joint oil export solution for the Ivar Aasen and Edvard Grieg oil fields.


African Finance Corporation invests $250 million in power sector

The African Finance Corporation handed $250 million worth of power-systems investment as part of Power Africa.

Revolver Resources invests in about 10 million new units

Revolver Resources Inc. recently made its new investment public. This comprised of 10 million new units that was anticipated to earn US$300,000.

Actis Capital Gives Majority Stake Over To Illinois Tool Works Inc.

Actis Capital sold majority stake of Vesta to Illinois Tool Works Inc. (Photo : Reuters)This is the logo of Illinois Tool Works Inc. , which acquired Vesta, a Chinese kitchen equipment maker.


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Emulex considered selling itself again with the hope to restore its lost stock value. (Photo : )The photo displays the logo of Emulex. Chipmaker Emulex Corp.
FlyDuba said that AirBus and Boeing are in an 'open race' to supply them 50 narrow body aircrafts.
Idinvest's Prosensa Holding held its first trading day on the Nasdaq. (Photo : Reuters)This is the logo of Prosensa. Prosensa Holding, a biotechnology and life sciences firm from the Netherlands, initiated its first trading day on the Nasdaq New York.
Impetus Trust and PEF formed a new charity as they merged today. (Photo : Reuters)These is the logo of Impetus - PEF. Impetus Trust and The Private Equity Foundation announced today that they have merged, creating a new charity called Impetus - the Private Equity Foundation.
Brazil increased bid price for Libra, the world's largest oil find from US$4.6 billion to US$7 billion.
MTV Italy, which is owned by Telecom Italia Media, was sold to Viacom International Media Networks for Eur 10 million.
Fitch ratings for the transport infrastructure sector was mostly Stable Outlook. (Photo : Reuters)The image shows a building of Fitch Ratings, a global rating agency.
Yahoo's acquisition of Xobni was below its valuation and barely covered the amount venture capitalists invested.
Naftogaz is renegotiating its obligations with Gazprombank. (Photo : Reuters)The image is natural gas fuel burning in a stove. The national oil and gas company of Ukraine, Naftogaz, is undertaking negotiations to extend the demandable maturity date that it owes Gazprombank of Russia.
Ocapo Ltd received new round of investment for expansion purposes. (Photo : Reuters)The image is an man browsing online. In an announcement, Northzone said it led a GBP9.