Saturday, June 21, 2025

GE Said to Be in Advanced Talks for Halliburton Drilling Assets

Story by Bloomberg General Electric Co. is in advanced talks to buy the drill-bits and drilling-services divisions of Halliburton Co., which is divesting assets to win antitrust approval for its takeover of Baker Hughes Inc., according to people familiar with the matter. Selling both the drill-bits and drilling-services businesses could have fetched as much as $5 billion in total for

Reuters: Technip explores sale, has held talks with FMC Technologies

French oilfield services company Technip (TECF.PA) is exploring a sale and has held talks with U.S. peer FMC Technologies Inc (FTI.N) about a potential combination, according to people familiar with the matter on Wednesday. A deal would illustrate how lower energy prices are driving consolidation in the oil services sector, as companies seek savings and synergies to boost profits amid

Parsley Energy Announces Midland Basin Acquisition, Offering of Common Stock

Parsley Energy, Inc. (NYSE: PE) (“Parsley Energy” or the “Company”) today announced that it has entered into an agreement to acquire certain undeveloped acreage and producing oil and gas properties located adjacent to the Company’s existing operating areas in Upton, Reagan, and Glasscock Counties, TX for an aggregate purchase price of $148.5 million in cash (subject to customary purchase price

Talisman Energy Inc. Announces Pricing of its Debt Tender Offer

CALGARY, ALBERTA–(Marketwired – Dec. 9, 2015) – Talisman Energy Inc. (the “Offeror“) announced today the pricing of its previously announced tender offer (the “Offer“) to purchase for cash up to $1,524,531,000 aggregate principal amount (the “Maximum Tender Amount“) of the 5.85% Senior Notes due 2037 (CUSIP No. 87425E AJ2), 5.50% Senior Notes due 2042 (CUSIP No. 87425E AN3), 6.25% Senior

Husky Energy Lowers Break Even to Sub-$40 US WTI, Announces 2016 Guidance

CALGARY, AB–(Marketwired – December 08, 2015) – Husky Energy (TSX: HSE) continues to build on its resilience with a focus on growing profitably and further lowering its cost structure. “Five years ago, Husky set out its balanced growth strategy, which included a deliberate decision to remain diverse, physically integrated and transition into a low sustaining capital business,” said CEO Asim

North Face and Esprit Co-founder turned ‘Eco Barron’ Killed at 72

From the Washington Post In 1985, Douglas Tompkins was the millionaire co-founder of two successful clothing companies, the North Face and Esprit. He was courted by magazine editors and politicians, revered by the San Francisco hippie elite. Girls’ fashion — incredibly, for a man who dressed every day in the same old polo and bluejeans — turned on his company’s