Gulf Oil to buy lubricants producer

Article Abstract:

Saudi Arabian lubricants manufacturer Petromin will be bought by Gulf Oil International Ltd. from its joint venture firms Exxon Mobil Corp. and Saudi Arabian Oil Co. The deal is valued at $200 mil, and, with Hinduja Group as Gulf Oil's parent company, is one of the biggest investments in Saudi Arabia by an India-based firm.

Security and Commodity Services, Commodity contracts brokers, dealers, United States, Saudi Arabia, Exxon Mobil Corp., Commodities industry, Saudi Arabian Oil Co., XOM, Petromin, Hinduja Group

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Pursuit of oil firm stokes rivalry of Asian giants

Article Abstract:

PetroKazakhstan Inc. of Canada and operating out of Kazakhstan is to be acquired. China National Petroleum Corp. and ONGC Videsh Ltd. of India are currently in a bidding war with the most recent offer from China National Petroleum Corp. at a bid of $4.18 billion.

China, Canada, India, Industry Overview, PetroKazakhstan Inc.

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Total, L'Oreal may win from Aventis shakeout: if Sanofi's bid succeeds, oil titan, cosmetics maker could easily divest stakes

Article Abstract:

The Sanofi-Aventis takeover battle is likely to benefit both, Total SA and L'Oreal SA. The share performance of L'Oreal during the last twelve months, which has shown an upward trend, is listed.

France, Pharmaceutical preparations, Toilet preparations, Pharmaceutical industry, Toiletries industry, TOTAL S.A., L'Oreal Paris, TOT, Sanofi-Aventis, SNY

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