Barrick buys 70 percent stake in Xstrata gold and copper properties in Chile for $465 millionOctober 12th, 2009 Barrick buys Xstrata assets in Chile for $465MNEW YORK — Barrick Gold is snapping up mining assets with its excess cash, inking a $465 million cash deal to buy a gold and copper project from a unit of Xstrata. The Toronto-based company will acquire a 70 percent interest in a Xstrata Plc's El Morrow project, an advanced gold-copper project located in the Atacama Region in Chile.
ExxonMobil appeals $150 million judgment given to Md. families whose wells were contaminatedOctober 9th, 2009 ExxonMobil appeals judgment in Md. leak caseTOWSON, Md.
Venezuela buys ConocoPhillips' stake in offshore natural gas projectOctober 3rd, 2009 Venezuela buys ConocoPhillips' gas project stakeCARACAS, Venezuela — Venezuela's state oil company has purchased ConocoPhillips' 40 percent stake in a joint natural gas venture with Chevron Corp. Terms of the deal announced late Friday were not disclosed.
Chevron announces Gorgon gas field will go ahead off northwest AustraliaSeptember 14th, 2009 Chevron says Gorgon gas field will go aheadCANBERRA, Australia — Energy giant Chevron announced on Monday that the Gorgon gas field, one of the world's largest, will be developed off northwest Australia with export contracts already signed with China, India, Japan and South Korea. Prime Minister Kevin Rudd described Gorgon as Australia's biggest-ever resource development which would generate 300 billion Australian dollars ($257 billion) in export earnings.
Chevron Australia signs natural gas deals worth $60 billion with South Korea, JapanSeptember 10th, 2009 Chevron signs $60B gas deal with S. Korea, JapanSYDNEY — Energy giant Chevron signed deals worth 70 billion Australian dollars ($60 billion) to supply liquefied natural gas to Japan and South Korea, Australia's prime minister said Thursday.
Plains All American buys remaining 50 percent stake in natural gas unit, gains full ownershipSeptember 4th, 2009 Plains buys remaining stake in natural gas unitHOUSTON — Crude oil transporter Plains All American Pipeline LP said it bought Vulcan Capital's indirect 50 percent interest in PAA Natural Gas Storage LLC. On Thursday the company said this move boosts its ownership of the natural gas storage business to 100 percent.
Australian government gives final approval for $41 billion gas sale to ChinaAugust 26th, 2009 Australia gives final approval to Chinese gas saleCANBERRA, Australia — Australia gave final approval Wednesday for a natural gas field development that will export $41 billion in energy to China over 20 years. Environment Minister Peter Garrett said that joint venture partner Chevron had agreed to meet the 28 environmental conditions he had set for the development of the Gorgon gas field off northwest Australia.
India, Australia sign $20.5 bn gas dealAugust 19th, 2009 NEW DELHI - India's Petronet LNG has signed a $20.5-billion gas purchasing agreement with Australia's ExxonMobil, the first long-term gas contract between the two countries. According to the agreement, signed Aug 10 in Perth, ExxonMobil will sell around 1.5 million tonnes of liquefied natural gas (LNG) annually from the Gorgon project in western Australia to Petoronet for 20 years.
Obama, family, return to US from Ghana after whirlwind visitJuly 12th, 2009 Obama home from whirlwind Ghana tripWASHINGTON — President Barack Obama is back home after a whirlwind visit to Ghana. He arrived at Andrews Air Force Base early Sunday morning, soon after midnight.
Obama and family have full agenda Saturday in Ghana before returning home to WashingtonJuly 11th, 2009 Obama has full day in GhanaACCRA, Ghana — President Barack Obama begins a packed day in Ghana with a morning meeting in Accra with Ghanaian President John Atta Mills. It's Obama's first visit as president to sub-Saharan Africa.
In Ghana speech, Obama says Africa needs strong institutions, not strongmenJuly 11th, 2009 Obama praises Ghana for its democratic traditionsACCRA, Ghana — President Barack Obama says governments that respect the will of their people enjoy more prosperity, stability and success than those that don't. In a speech Saturday in Ghana, Obama congratulated the West African nation for its democratic traditions.
Obama, family, leave Ghana for return flight to United States; Ends whirlwind visitJuly 11th, 2009 Obama departs Ghana for trip home to United StatesACCRA, Ghana — President Barack Obama is headed home after a brief but whirlwind visit to Ghana. Before departing, Obama addressed Ghanaians at the airport in the capital of Accra.
Obama lands in Ghana on first trip to sub-Saharan AfricaJuly 10th, 2009 Obama lands in Ghana on historic Africa tripACCRA, Ghana — President Barack Obama has landed in Ghana on his first trip to sub-Saharan Africa since taking office. He landed soon after 9 p.m.
Ghana to deploy 10,000 police to boost security for Obama visitJuly 8th, 2009 Ghana to deploy 10,000 police for Obama visitACCRA, Ghana — Authorities in Ghana say they will deploy more than 10,000 police in this West African nation to boost security for President Barack Obama's weekend visit. Assistant police commissioner Daniel Avorga told The Associated Press the security forces would be deployed in both the capital, Accra, and the town of Cape Coast, where Obama and his family will visit a former British fort once used to ship slaves to the Americas.
Quippo buys 49 percent in Tata Teleservices subsidiaryJanuary 4th, 2009 NEW DELHI - Quippo Telecom Infrastructure Ltd (QTIL) has picked up a 49 percent stake in Wireless Tata Telecom Infrastructure (WTTL), Tata Teleservices' tower arm, a company official said Monday. Despite a minority stake, Kolkata-based QTIL will have management control in the firm, the official said on condition of anonymity.