Account
Chief Executive Luca Bettonte of Italian energy company ERG SpA (ERG.MI) said on Tuesday it was too early to say if the company is interested in buying the Italian distribution businesses of Royal Dutch Shell PLC (RDSB.LN).Mr. Bettonte said at a conference call after the company's first-quarter results that any potential acquisition would have to take place through its joint venture, TotalERG, in which it partners French company Total SA (TOT)."We can't avoid [taking into account the future sale]...but we don't have any details..," said Mr. Bettonte. "Maybe it is interesting from an industrial point of view."Last month, Shell said it was considering the sale of its retail, aviation and supply, and distribution downstream businesses in Italy. Shell has about 870 gas stations in Italy.Write to Liam Moloney at liam.moloney@dowjones.comSubscribe to WSJ: http://online.wsj.com?mod=djnwiresCopyright © 2013 Dow Jones Newswires...
Peru's Energy and Mines Minister Jorge Merino said state-owned Petroleos del Peru SA (PETROBC1.VL), or Petroperu, will sell shares on the Lima Stock Exchange later t...
The possibility that Peru's government may buy a refinery and a chain of service stations is causing a fire storm of protests, with critics saying that President Oll...
One of Myanmar's most powerful businessmen lost his bid to skirt international sanctions and tap foreign capital markets after Singapore regulators torpedoed his pla...
The U.S. economy expanded at a 2.5% pace in the first three months of 2013, up from 0.4% in the fourth quarter, as consumer spending rose at the fastest rate in two ...
Peruvian Finance Minister Luis Miguel Castilla said Thursday that the government, through state-owned oil company Petroleos del Peru SA (PETROBC1.VL), or Petroperu, ...
Canadian retail sales climbed at a faster-than-expected pace in February, marking the best back-to-back monthly performance since the fall of 2011, Statistics Canada...
Royal Dutch Shell PLC (RDSB.LN) said Monday it is considering the sale of its retail, aviation and supply and distribution downstream businesses in Italy.The potenti...
State-owned oil company Petroleos del Peru, or Petroperu, said Tuesday that its board hasn't authorized making any offer to purchase assets of Spain's Repsol SA (REP...
It may not be the only way to fly, but traveling with a credit card is an easy way: Plastic is convenient to pack, gives you a record of your purchases and is more s...
Israeli conglomerate Delek Group Ltd. (DLEKG.TV) Tuesday said it plans to delist its local retail fuel subsidiary from the Tel Aviv Stock Exchange.Delek Group said i...
The search for the biggest possible tax refund leads people to try to claim some interesting and potentially illegal deductions. While the odds are against you when ...
Peru's state-owned oil company Petroleos del Peru SA (PETROBC1.VL) said Thursday that it has about half of the financing needed for the first stage of a project to m...
FY13 group net profit falls to NZ$77 million from NZ$127 million a year earlier-FY14 Ebitdaf from continuing operations seen at between NZ$520 million and NZ$560 mil...
Treasurys ended mostly lower Monday on a stronger-than-expected retail-sales report, capping the largest three-day price drop on 10-year benchmark notes since early ...
U.S consumers spent more at most retailers in April, offsetting a big decline in sales at gas stations, signaling that shoppers are gaining confidence about the econ...
Sales at U.S. retailers rose slightly in April and exceeded Wall Street's forecast, as broad demand for most goods outweighed a sharp drop in spending at gas station...
Peru's government plans to focus on modernizing its Talara refinery and other projects, after closing the door to a possible purchase of assets owned by Spanish oil ...
Fuel supplier Z Energy is looking to raise about 660 million New Zealand dollars(US$565 million) in the second-largest initial public offering proposed in Australia ...
Z Energy, which supplies a third of New Zealand's transport fuels, is aiming to raise around 660 million New Zealand dollars (US$565 million) in an initial public of...
