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Latest in Business
Maccaferri Acquires Iterchimica And Surface Tech
2+ hour, 19+ min ago (348+ words) Iterchimica develops asphalt additives designed to improve durability and increase the use of recycled asphalt. The company’s technologies can increase asphalt durability by more than 75% and enable recycled asphalt content of up to 100%. Its products can reduce cracking by approximately…...
Study: US oil and gas mergers and acquisitions quadrupled last year
4+ hour, 38+ min ago (374+ words) “This is a pivotal moment for the US upstream sector,” said Pat Jelinek, head of EY Americas Oil & Gas and Chemicals. “A smaller number of stronger players is emerging, better capitalized, more efficient and strongly focused on resilient growth. The…...
Cobre gains control over Chilean copper project for $17 million
5+ hour, 14+ min ago (370+ words) Cobre (ASX:CBE) has increased its ownership of the Sierra Atacama Copper Project in Chile to 62.86% after exercising a control call option for approximately US$12 million (around $17.16 million). The company’s wholly owned Chilean subsidiary, Sierra Cobre, acquired the control option…...
NTPC Opens 26% Equity Route for Industrial Co-Generation Projects
5+ hour, 42+ min ago (365+ words) NTPC Limited has invited commercial and industrial entities to invest up to 26 per cent equity in proposed co-generation projects aimed at supplying industries with steam, electricity and integrated power solutions. The power utility said the initiative will explore long-term arrangements…...
Brazos Midstream Completes Sale of Midland Basin Assets to ONEOK
4+ day, 14+ hour ago (226+ words) Brazos Midstream announced the closing of the previously announced sale of its Midland Basin natural gas gathering and processing assets to ONEOK, Inc. (NYSE: OKE) for $4.425 billion. FORT WORTH, TX – Brazos Midstream (“Brazos”) today announced the closing of the previously…...
ONEOK Completes $4.425 Billion Acquisition Of Brazos Midstream Permian Assets
12+ hour, 53+ min ago (236+ words) ONEOK completed its acquisition of Brazos Midstream’s natural gas gathering and processing assets in the Permian Basin for approximately $4.425 billion in cash. The transaction significantly expands ONEOK’s position in the Midland Basin and establishes one of the region’s largest integrated…...
Hexagon Is Buying Rocscience to Close the Gap Between Monitoring and Prediction
17+ hour, 25+ min ago (1253+ words) Hexagon has agreed to acquire geotechnical software specialist Rocscience for $535 million. The headline is another sizeable industrial-software transaction. The more important story is what Hexagon is trying to connect: continuous measurements of the physical world with models that predict how…...
NTPC Invites EOI From Commercial and Industrial Firms for Co-generation Ventures
1+ day, 7+ min ago (317+ words) NTPC Limited invites Expressions of Interest (Img: PinteresT) NTPC aims to explore long-term power supply arrangements that can provide industries with reliable and economical energy solutions. The initiative is also intended to strengthen collaboration between the power utility and commercial…...
Family to sell £330m-turnover metals trader
2+ day, 23+ hour ago (222+ words) A family-run metals trader that has been a force in the global steel supply chain for more than 50 years is about to change hands, documents seen by TheBusinessDesk.com show. Derek Raphael & Company, based in Cirencester, has entered into an…...
NTPC invites industrial partners for 26 per cent equity in co-generation projects
23+ hour, 34+ min ago (204+ words) New Delhi, Oct. 11 -- NTPC Limited invited Expressions of Interest from commercial and industrial entities willing to invest 26 per cent equity in co-generation projects, according to the state-run power company. The power producer floated the initiative to explore joint opportunities for…...