gulf oil news
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Gulf Oil acquires Houghton Inte...
Doha :: Qatar | 6 months ago
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Hinduja Group Company, through its subsidiary in the UK, is acquiring a 100 percent stake in Houghton International Inc for $1,045m, subject to customary closing conditions. An agreement was signed for the acquisition by its wholly-owned subsidiary
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India Ink: Gulf Oil of India to Buy Houghton International for $1 Billion
New York City :: NY :: USA | 7 months ago
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Indranil Mukherjee/Agence France-Presse Getty Images Ashok Hinduja, part of the Indian conglomerate Hinduja Group which operates companies in energy, media and banking. The Gulf Oil Corporation, an Indian company, agreed on Wednesday to buy the
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Gulf Oil acquires Houghton International for over $1 billion
London :: United Kingdom | 7 months ago
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Hinduja group firm Gulf Oil Corporation Ltd today said it is fully acquiring US-based Houghton International Inc for $1.045 billion (about over Rs5,685 crore) through a UK-based subsidiary. "An agreement was signed for the acquisition by its wholly-
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BankDhofar placed among top 10 GCC performing banks
Muscat :: Oman | 7 months ago
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BankDhofar has been named one of the top ten performing banks in the Gulf Cooperation Council (GCC) by the Gulf Business publication. The survey compared first half yearly 2011 and first half yearly 2012 profits and ranked the banks with the highest
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Hinduja Group set to buy Houghton Intl for $1.1 bn
Mumbai :: India | 7 months ago
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T he Hinduja group is close to acquiring US-based chemical company, Houghton International, for around $1.1 billion (Rs 5,912 crore). The deal was expected to be announced shortly as most of the terms had been agreed upon between the two parties, a
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Hindujas 'close' to $1.1 bln deal to buy US chemical fir...
New Delhi :: India | 7 months ago
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India's Hinduja Group is close to acquiring US oils and chemicals firm Houghton for $1.1 billion as the family-owned conglomerate seeks a tie-up for its lubricants business, a report said Saturday. Pennsylvania-based Houghton International, owned
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Chevron declares force majeure at Angolan oil terminal
Geneva :: Switzerland | 7 months ago
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U.S. oil major Chevron said on Friday that its Angolan subsidiary Cabinda Gulf Oil Company had declared force majeure at the Kuito offshore oil terminal on October 29, without giving a reason. "The Kuito operation is currently undergoing a planned
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Mass. lawmaker wants gas price probe
Boston :: MA :: USA | 7 months ago
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A Massachusetts congressman called on federal regulators to examine "abnormalities in the gasoline markets" given high gasoline prices in the region...Rep. Ed Markey , D-Mass., ranking member of the House Natural Resources Committee, called on the
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BHP talking to Petrobras about Gulf oil stake
Mexico City :: Mexico | 8 months ago
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Petrobras has said it is looking for a buyer for a portion of its multi-billion dollar Gulf of Mexico holdings. The company's chief executive Maria das Gracas Foster told the Financial Times earlier this week that it had narrowed talks down to about
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Lee commissioners consider pursuing Gulf oil spill money
Venice :: FL :: USA | 8 months ago
Credibility
In an April 21, 2010, aerial photo taken in the Gulf of Mexico more than 50 miles southeast of Venice, La., the Deepwater Horizon oil rig is seen burning. BP focused too much on the little details of personal worker safety instead of the big systemic
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