NEW YORK–(BUSINESS WIRE)–Lazard Ltd (NYSE: LAZ - News) announced today that Jack Lentz, a leading oil and gas dealmaker, will join the firm as Chairman, International Oil & Gas, effective June 10. Mr. Lentz had previously served as the head of Lehman Brothers’ worldwide energy practice.
“We are delighted to have attracted Jack, an outstanding professional. [...]
By Will Kennedy
Dec. 4 (Bloomberg) — Nippon Oil Corp., Japan’s largest oil refiner, and Nippon Mining Holdings Inc. will merge next year, the Nikkei newspaper reported.
The tie-up, creating Japan’s fourth-largest company by sales, will be announced by the presidents of both companies later today, a version of the report published by Nikkei English News [...]
IRVING, Texas, Nov 19, 2008 (BUSINESS WIRE) — Exxon Mobil Corporation (NYSE:XOM) announced today its affiliate, ExxonMobil Exploration and Production Turkey B.V., has signed an agreement with Turkish national oil company, TA 1/4rkiye Petrolleri Anonim OrtaklAAYA (TPAO), to explore in two large deepwater blocks offshore Turkey, marking ExxonMobil’s entry into Black Sea exploration.
ExxonMobil will become [...]
Biofriendly’s Combustion Catalyst Proven to Reduce Harmful Emissions
COVINA, CA, Nov 10, 2008 (MARKET WIRE via COMTEX) — Biofriendly Corporation announced today that its Green Plus(R) liquid combustion catalyst has been proven to reduce harmful emissions from coal-fired power plants. In addition, trials have shown an improvement in thermal efficiency that result in [...]
By Sarah Thompson
Nov. 10 (Bloomberg) — U.K. stocks rose for a second day, led by energy producers, after China unveiled a $586 billion plan to stimulate the world’s biggest contributor to economic growth, and oil and copper prices rallied.
BP Plc, Europe’s second-largest oil company, and Rio Tinto Group, led the advance. British Airways Plc jumped [...]
By Mark Herlihy
Sept. 11 (Bloomberg) — Rio Tinto Group, the world’s second- largest producer of iron ore and aluminum, bought 14.9 percent of uranium explorer Kalahari Minerals Plc as it seeks to meet rising demand for the nuclear fuel.
London-based Rio Tinto also owns 10.9 percent of Extract Resources Ltd., partly owned by Kalahari, the [...]
