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Pennsylvania joins states opposed to merger of T-Mobile, Sprint

3 days ago DieselGasoil Comments Off on Pennsylvania joins states opposed to merger of T-Mobile, Sprint
FILE PHOTO: A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration taken April 30, 2018. REUTERS/Dado Ruvic/Illustration/File Photo WASHINGTON (Reuters) – Pennsylvania is joining more than a dozen states that have filed a lawsuit aimed at stopping T-Mobile US’s $26 billion purchase of Sprint, Read More

U.S. appeals court says Trump cannot dodge foreign corruption lawsuit

1 week ago DieselGasoil Comments Off on U.S. appeals court says Trump cannot dodge foreign corruption lawsuit
NEW YORK (Reuters) – A U.S. federal appeals court on Friday revived a lawsuit alleging President Donald Trump violated the U.S. Constitution by profiting from foreign and domestic officials who patronized his hotels and restaurants, moving a watchdog group closer to obtaining financial records from his real estate company. In a 2-1 ruling, a three-judge Read More

U.S. appeals court rules against Trump in foreign payments case

1 week ago DieselGasoil Comments Off on U.S. appeals court rules against Trump in foreign payments case
NEW YORK (Reuters) – A U.S. federal appeals court on Friday revived a lawsuit alleging President Donald Trump violated the U.S. Constitution by profiting from foreign and domestic officials who patronized his hotels and restaurants, adding to the corruption claims against Trump. FILE PHOTO: U.S. President Donald Trump speaks at the 2019 House Republican Conference Read More

BP CEO says he’ll sell oil projects to meet climate targets

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By Kelly Gilblom on 9/12/2019 LONDON (Bloomberg) – BP’s CEO plans to sell some oil projects and curb the development of others to align its business with the Paris accord, the latest sign climate concerns are starting to impact the investment decisions of the world’s largest fossil fuel producers. Senior BP executives met within the Read More

GE to lose majority control of Baker Hughes with up to $3 billion share sale

2 weeks ago DieselGasoil Comments Off on GE to lose majority control of Baker Hughes with up to $3 billion share sale
(Reuters) – General Electric (GE.N) is looking to raise up to $3 billion in sale of majority-owned Baker Hughes (BHGE.N) shares, resulting in a reduction of the U.S industrial conglomerate’s stake in the oilfield services provider to less than 50%, Baker Hughes said on Tuesday. A screen displays the logo for Baker Hughes on the Read More

Illinois joins lawsuit to stop T-Mobile, Sprint merger

3 weeks ago DieselGasoil Comments Off on Illinois joins lawsuit to stop T-Mobile, Sprint merger
FILE PHOTO: A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration taken April 30, 2018. REUTERS/Dado Ruvic/Illustration/File Photo WASHINGTON (Reuters) – Illinois has joined a multistate lawsuit aimed at stopping the merger of U.S. wireless carriers T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N), Read More

Denmark’s MP Pension to divest shares in 10 leading oil majors

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London — MP Pension, a Danish fund which manages about $17 billion, is selling its holdings in the world’s ten biggest listed oil companies on the grounds their business models are currently incompatible with the Paris climate goals. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Under the move, Read More

FCC chair Pai seeks approval for Nexstar-Tribune merger

3 weeks ago DieselGasoil Comments Off on FCC chair Pai seeks approval for Nexstar-Tribune merger
FILE PHOTO: Chairman Ajit Pai speaks at the Federal Communications Commission in Washington, U.S., December 14, 2017. REUTERS/Aaron P. Bernstein WASHINGTON (Reuters) – Federal Communications Commission chairman Ajit Pai on Friday sought approval from his colleagues to order the go ahead for Nexstar Media Group Inc’s (NXST.O) acquisition of Tribune Media Co (TRCO.N) in a Read More

BP sells Alaskan assets to Hilcorp for $5.6 billion as part of divestment plan

4 weeks ago DieselGasoil Comments Off on BP sells Alaskan assets to Hilcorp for $5.6 billion as part of divestment plan
Anchorage, Alaska — BP will sell its Alaskan assets to Hilcorp Energy, a Houston-based major independent, for $5.6 billion, the company said Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The transaction includes BP’s upstream and midstream assets, including its share of the Prudhoe Bay oil field and Read More

BP sells Alaska business to Hilcorp for $5.6 billion

4 weeks ago DieselGasoil Comments Off on BP sells Alaska business to Hilcorp for $5.6 billion
8/27/2019 LONDON – BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase all of BP’s interests in the state for a total consideration of $5.6 billion. The sale will include BP’s entire upstream and midstream Read More