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First oil merger in a decade: Royal Dutch Shell buys rival BG Group for $70 bn

Apr 08, 2015

First oil merger in a decade: Royal Dutch Shell buys rival BG Group for $70 bn

Britain's BG had a market capitalisation of $46 billion as of Tuesday close, Shell was worth $202 billion while Exxon, the world's largest oil company by market value, was worth $360 billion. #Royal Dutch Shell #oil and gas #Shell #Merger #BG Group
Vedanta Resources plans to rename Sesa Sterlite as Vedanta Ltd

Feb 20, 2015

Vedanta Resources plans to rename Sesa Sterlite as Vedanta Ltd

Aimed at leveraging the "Vedanta" brand, metals and mining conglomerate Vedanta Resources plans to rechristen its subsidiary Sesa Sterlite Ltd as Vedanta Ltd. #silver #Vedanta #Vedanta Resources #Iron ore #aluminium #Copper #oil and gas #Sesa Sterlite #zinc #lead
Russia losing $40 bn a year due to sanctions over Ukraine

Nov 24, 2014

Russia losing $40 bn a year due to sanctions over Ukraine

The EU and the United States have imposed several rounds of sanctions on Russia over its role in Ukraine, sending the ruble plunging and inflation soaring. #Barack Obama #US #crude oil #NewsTracker #Russia #Germany #European Union #OPEC #Vladimir Putin #oil and gas #UK #Sanctions #Western democracies #Russian gas #Russian Economy #Ruble