Investcorp makes partial exit from PRO Unlimited

April 8, 2017

Investcorp a global provider and manager of alternative investment products today confirmed that it has signed a definitive agreement to sell PRO Unlimited a leading software-enabled services company ... View more

Petronas weighs project exit

October 10, 2016

Malaysian state oil firm Petroliam Nasional Bhd is considering selling its majority stake in a 27 billion Canadian liquefied natural gas (LNG) plant three people familiar with the matter said this wee... View more

Chevron not to exit Thailand

August 29, 2016

Chevron is committed to its Thailand investments despite job cuts that have spurred rumours of the US oil major s exit and may keep a Myanmar gas field stake if no attractive offer is made for the ass... View more

Shell set to exit 10 countries to cut cost

June 23, 2016

Royal Dutch Shell will exit oil and gas operations in up to 10 countries in a drive to deepen cost cuts and narrow its focus following its 54 billion acquisition of BG Group. Presenting its strategy f... View more

Majority of remaining IOCs look to exit Yemen sooner

July 27, 2015

Yemen s hydrocarbon sector has suffered from declining output for the past several years in part due to political turbulence as well as the maturation of its fields which now require the application o... View more

Oil ETF investors head for exit, risking new slump

April 20, 2015

The funds have become an unpredictable irritant for Saudi Arabia and other Opec producers first slowing the slide in prices that could force higher-cost producers such as US shale drillers to curb out... View more

Dow Chemical to exit chlorine business

December 5, 2013

Dow Chemical said it would sell a bulk of its chlorine operations its oldest business as part of its plan to sell or spin off commodity chemicals assets worth up to 4 billion. Dow Chemical like other ... View more

High fixed costs, exit barriers hit equipment, services sector

July 24, 2013

THE volatility of crude oil prices continue to have an impact on the oil and gas equipment and services market with price hikes increasing demand for specialist equipment and services says a report. T... View more