Oil mega-mergers loom over Canadian industry
Article Abstract:
Industry analysts said that the $35.8 billion merger between San Francisco, Calif.-based Chevron Corp. and White Plains, NY-based Texaco Inc. will impact Canada's oil and gas industry. The merger will create the fifth-largest company in the world with a market cap of approximately $85 billion.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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Suncor unloads Australian stake
Article Abstract:
Calgary, Alb.-based Suncor Energy Inc. will sell its 50% stake in Australia's controversial Stuart oil shale project. Suncor, which will sell its stake to its Australian partners, will take a $3 million charge against earnings in the second quarter in relation to the sale.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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Chevron polishes bid for Texaco
Article Abstract:
White Plains, NY-based Texaco Inc. has received a $35.8 billion acquisition offer from San Francisco, Calif.-based Chevron Corp. The deal would form the fourth-largest oil and gas company in the world.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
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