Coal India considered 3 Australian acquisitions. According to a source who was familiar with the matter, "Coal India is examining three proposals from Australia.
Energy
Sona Petroleum's IPO shares oversubscribed by 5.97 times
Sona Petroleum's IPO shares were oversubscribed by 5.97 times. Shares in Sona Petroleum Bhd's initial public offering were oversubscribed by 5.
Sino Australia seeks extension of IPO
Sino Australia sought to extend its IPO. Oil company Sino Australia Oil and Gas, the holding company in Australia of Zhaodong Huaying Drilling (Huaying), sought to extend its initial public offering (IPO).
REC spins off unit for US$133 million
Renewable Energy Corp ASA (REC)announced plans to spin off a business unit for US$133 million. Renewable Energy Corp ASA (REC) announced that the company plans to spin off its solar unit in a deal that was valued at US$133 million or NOK800 million.
Softbank partners with Bloom to sell fuel cells in Japan
Softbank enters into a joint venture with Bloom to distribute hydrogen and bio-fuel cells in Japan.
Latest News
China intend to develop seven latest gas fields worth US4.9 billion in the East China Sea, a territory claimed by Japan.
EnServe Group confirmed it has sold Inenco Group, its Energy division, to Vitruvian Partners in a bid to reduce its bank debt and to invest in its remaining divisions.
PetroSA was said to be considering the possibility of buying Petronas' controlling stake in Engen.
Invis Energy raised Eur160 million from NorddeutscheLandesbank and DNB Bank for a 42.8 megawatt wind farm in Ireland.
Zambia would invest US$410 million to build an oil refinery that could lower the fuel costs. Christopher Yaluma, Zambia's Mines and Energy Minister, stated that the country planned to build an oil refinery worth US$410 million.
APA group presented its offer to buy the rest of Envestra, which it already owns 33% of. APA Group offered to purchase the rest of Envestra Ltd. for about AUD1.
EQT Corp announced the sale of its Sunrise pipeline unit to EQT Midstream Partners LP EQT Corp announced the sale of their Sunrise pipeline unit to EQT Midstream Partners LP.
Forest Oil Corp would sell its oil and natural gas fields in Texas Panhandle worth US$1 billion. Forest Oil Corp intended to sell its oil and natural gas fields that could be found in Texas Panhandle.
Lowth, current CFO AstraZeneca, will leave this October to become the CFO and Executive Director of BG Group
