Articles Tagged "bid"

SCANA Energy retains Georgia’s sole natural gas provider

The Georgia Public Service Commission unveiled today that SCANA Energy, a unit of SCANA Corporation has won a competitive bid to continue serving as Georgia’s sole regulated provider of natural gas, a role the company has had since the regulated provider program began in 2002. George Devlin, vice president and general manager of SCANA Energy, [...]

Imperial says no Lehman risk to ONGC bid

UK-listed oil explorer Imperial Energy said its agreed takeover by ONGC was not at risk because shares owned by collapsed investment bank Lehman Brothers would not be tendered for sale. For full story, click here

Imperial says no Lehman risk to ONGC bid

UK-listed oil explorer Imperial Energy said its agreed takeover by ONGC was not at risk because shares owned by collapsed investment bank Lehman Brothers would not be tendered for sale. For full story, click here

South Parse: Talking Turkey

By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for [...]

India rethinks on ONGC’s bid for Imperial

The bid may face a valuation glitch as the government is having 2nd thoughts on the justification of  state-owned company Oil and Natural Gas Corporation’s $2.6-bn bid for LSE-listed Imperial Energy. For full story, click here For ONGC’s website, click here

ONGC’s subsidiary submits bid for Imperial

ONGC Videsh Ltd (OVL), the wholly-owned subsidiary of India based Oil and Natural Gas Corporation (ONGC), reported that it has bought 15 per cent stake in Imperial Energy and formally launched a negotiated takeover bid for the company at $2.6 billion. OVL Managing Director R S Butola said: The acquisition represents an important addition to OVL’s operations and we [...]

Gas Natural can launch bid for Fenosa today

Spain’s Gas Natural could launch an 18 euros per share bid for ACS’s stake in Spanish utility Union Fenosa, as per a report by newspaper Expansion. For full news, click here