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Industrial

Chevron deadline nears for $40bn bet on oil

Jul 01 2016 10:00

Chevron may shortly give a green light to the most expensive oil project in the world this year as the industry digs out from the worst slump in a generation.

Industrial

Victory for beer rivals in SAB merger ruling

Jul 01 2016 08:54

The intervention from competitors into AB InBev’s R1.5trn takeover of SABMiller that made provisions for cooler access was a key change in the Tribunal’s conditions.

Industrial

Energy Dept to probe fuel fund’s interest in buying Chevron

Jun 30 2016 14:37

Energy Minister Tina Joemat-Peterson will investigate why the Strategic Fuel Fund has expressed interest in buying Chevron’s assets without her consent, says her department.

Industrial

Strategic Fuel Fund's bid for Chevron assets not approved - DoE

Jun 30 2016 13:17

The Department of Energy says the Strategic Fuel Fund has not been cleared to make an offer to buy 75% of Chevron's refinery and other downstream assets.

Industrial

AB InBev faces two more hurdles before SAB can say cheers

Jun 30 2016 11:11

The final countdown has started for China and the US to approve AB InBev’s takeover of SABMiller, with South Africa's Competition Tribunal ticking off the latest box.

Industrial

AB InBev wins Competition Tribunal approval for SABMiller takeover

Jun 30 2016 10:38

AB InBev has passed a key competition hurdle in its takeover of SABMiller, after the South African Competition Tribunal approved the merger.

Industrial

SA offers to buy Chevron Refinery, other assets

Jun 29 2016 20:00

South Africa’s state-owned Strategic Fuel Fund has expressed interest in buying Chevron’s Cape Town oil refinery, retail-fuel stations, and other assets.

Industrial

Toyota recalls 3.4m cars over airbags, fuel tanks

Jun 29 2016 12:57

Toyota Motor is recalling about 3.4 million cars to repair separate flaws involving leaky fuel tanks and curtain air bags that may crack and injure occupants.

Inside Fin24.com

 
Industrial

VW agrees to record $15bn diesel-cheating deal

Jun 29 2016 06:15

Volkswagen’s $15.3bn deal to get 500 000 emissions-cheating cars off US roads is an industry record that will only go up with criminal probes and lawsuits on three continents.

Industrial

Mitsubishi joins EDF in bid to save reactor builder Areva

Jun 28 2016 19:30

France may have found a long-awaited Asian partner to help rescue its nuclear industry as its energy giant EDF has signed a partnership deal with Mitsubishi Heavy Industries.

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