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BP to Acquire Cairn Energy's Oil Assets Offshore Senegal

4h zacks
Per Reuters, BP plc (BP - Free Report) is planning to acquire a stake in Cairn Energy’s oil assets, located offshore Senegal. Subject to approval by the state, BP intends to buy 30% interest in Cairn Energy’s deepwater SNE field. This acquisition is likely to be valued at $600 million. However, the companies have declined to disclose details. The waters off Senegal, along with neighbors Mauritania and Gambia, have been consistently pursued by oil majors. (17-1)

BP Seeks Stake In Cairn Energy Senegal Assets

20h rigzone
SYDNEY/DAKAR, Nov 20 (Reuters) - Oil exploration company, which could be valued at around $600 million, banking sources and a Senegal oil ministry source said on Monday. (7-0)

Africa Energy to acquire additional interest in South Africa

22h worldoil
VANCOUVER -- Africa Energy Corp. announces the signature of definitive agreements to acquire an effective 4.9% interest in the Exploration Right for Block 11B/12B offshore South Africa. (11-0)

The Wind Is Blowing, The Sun Is Shining, And NextEra Energy Partners Is An ATM

2017-11-20 seekingalpha
NEP has one of the largest utilities in America, NextEra Energy, as a parent providing a massive pipeline of projects. (119-0)

[Press] Africa Energy to Acquire Additional Interest in South Africa

2017-11-20 oilvoice
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 20, 2017) - Africa Energy Corp. (TSX VENTURE:AFE) ("Africa Energy" or the "Company") announces the signature of definitive agreements to acquire an effective 4.9% interest in the Exploration Right for Block 11B/12B offshore South Africa.  (26-0)

Norway Oil Bosses Insist End Isn't Nigh After $35 Billion Shock

2017-11-20 rigzone
(Bloomberg) -- Can Norway dump $35 billion in oil and gas investments, and simultaneously convince that same industry to throw money into the country’s own fossil-fuel future? (28-0)

Norway's oil bosses insist end isn't nigh after $35-billion shock

2017-11-20 worldoil
OSLO (Bloomberg) -- Can Norway dump $35 billion in oil and gas investments, and simultaneously convince that same industry to throw money into the country’s own fossil-fuel future? (22-0)

Africa Energy to Acquire Additional Interest in South Africa

2017-11-20 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 20, 2017) - Africa Energy Corp. (TSX VENTURE:AFE) ("Africa Energy" or the "Company") announces the signature of definitive agreements to acquire an effective 4.9% interest in the Exploration Right for Block 11B/12B offshore South Africa. (26-0)

Tracking Tweedy Browne Portfolio - Q3 2017 Update

2017-11-20 seekingalpha
The largest five individual stock positions are Cisco Systems, Berkshire Hathaway, Baidu Inc., Johnson & Johnson, and Alphabet, and they account for ~44% of the portfolio. (558-0)

Norway Oil Bosses Insist End Isn't Nigh After $35 Billion Shock - Bloomberg

2017-11-19 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (28-0)

Earnings Visibility Metrics Drive Total (TOT) to Strong Buy

2017-11-17 investorplace
Total SA (NYSE:TOT) is one of the 363 companies in the GICS Energy sector, and a constituent of the 290 company Oil Gas & Consumable Fuels GICS industry group within this sector. TOT has a market value of $140.1 billion which is in the top decile in its industry group. The stock's current Portfolio Grader score places it 10 among the 290 companies in this industry group, putting it in the top decile; among the sector leaders with a ranking of 11 among the 363 companies in the sector, and number 226 in the nearly 5,000 company Portfolio Grader universe. (1-0)

Total: Strong Q3 Performance And Dividend Create Investor Appeal

2017-11-17 seekingalpha
The company recently acquired a stake in one of the largest oil fields in the world and increased its production at Kashagan, giving it much more oil to sell. (7-0)

Brief Study of T. Rowe Price New Era Fund (PRNEX)

2017-11-17 zacks
T. Rowe Price New Era Fund (PRNEX - Free Report) seeks to provide long-term capital appreciation by investing primarily in the common stocks of companies that own or develop natural resources and other basic commodities and in the stocks of selected non-resource growth companies. The fund invests about two-thirds of fund's assets in the common stocks of natural resource companies where earnings and tangible assets can benefit from accelerating inflation. (7-0)

Bid for Santos puts spotlight on Papua New Guinea's juicy LNG assets

2017-11-17 reuters
MELBOURNE/SINGAPORE, Nov 17 (Reuters) - Takeover interest in Australia’s Santos, a company that not long ago was drowning in debt, shines a spotlight on a burgeoning hotspot for oil and gas producers: Papua New Guinea. (24-0)

Big Oil Shares Drop After Norway Wealth Fund Plans to Exit Sector - Bloomberg

2017-11-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (59-0)