business sales

Forest Oil sells Texas fields that may raise US$1 Billion

Forest Oil Corp would sell its oil and natural gas fields in Texas Panhandle worth US$1 billion.

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Fresenius' biotech unit is already sold

Fresenius sold its transplantation medicine and anti-cancer cell drug to Neopharm.

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TNK-BP Reports 13% Drop in 2012 Net Profit

TNK-BP has posted 13% decline in net profit for the year 2012 after it agreed to be acquired by Russia's oil producer Rosneft.

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