LONDON (Reuters) - The takeover battle for Cove Energy looks set to run after Thailand's PTT Exploration and Production trumped Royal Dutch Shell with a $1.9 billion offer, underscoring interest in new east African gas finds.
LONDON, May 23 (Reuters) - Thai group PTT Exploration and Production has trumped Royal Dutch Shell 's agreed bid for Mozambique-focused explorer Cove Energy by offering 1.22 billion pounds ($1.9 billion).
By Income Hunter : Shell ( RDS .A ) has a long history in Iran and ..... in the Middle East and elsewhere. Shell was motivated to sign the agreement ..... step motivated oil companies like Shell to forge ahead in the murky waters …
LONDON, May 22 (Reuters) - Royal Dutch Shell is likely to have to wait to secure its $2 billion takeover of Cove Energy as shareholders in the Mozambique-focused target company look for potential counter-bidder Thailand's PTT to show its hand.
THE HAGUE, May 22 (Reuters) - Royal Dutch Shell 's annual general meeting showed a growing number of shareholders opposed the company's executive pay package, with 9 percent voting against, up from 2 percent a year before.
Nigeria's oil minister says it expects to renew onshore oil drilling licenses with Chevron ( CVX ) and Royal Dutch Shell ( RDS .A , RDS .B ) by June. Several licenses that expired as far back as 2008 have been in negotiations between foreign …
“ LNG holds great potential as a transport fuel ,” Shell ( RDS .A ) believes, and its plan to spend $250M on a liquefied natural gas plant and a string of filling stations in Canada is the biggest …
ABUJA, May 22 (Reuters) - Nigeria expects to renew onshore oil licenses with U.S. firm Chevron and Royal Dutch Shell by June, its oil minister said on Tuesday, following Exxon Mobil's renewal in February worth trillions of dollars.
LONDON, May 22 (Reuters) - Royal Dutch Shell is likely to have to wait to secure its $2 billion takeover of Cove Energy as shareholders in the Mozambique-focused target company look for potential counter-bidder Thailand's PTT to show its hand.
ABUJA, May 22 (Reuters) - Nigeria expects to renew huge onshore oil licenses with U.S. firm Chevron and Royal Dutch Shell by June, the oil minister said on Tuesday, following Exxon Mobil's renewal in February worth trillions of dollars.