The budget revenues of the State Oil Fund of Azerbaijan (SOFAZ) for the period of January-March, 2014 reached 3,005.0 million manats, while budget expenditures constituted 2,443.3 million manats, according to a message from the SOFAZ, Trend reported on May 20.
Russian Prime Minister Dmitry Medvedev does not rule out the possible sale of part of the state package of shares of the Rosneft oil company in 2014, ITAR-TASS reported on May 20. He made this statement in an interview to Bloomberg TV.
Morgan Stanley (MS.N) has launched a formal effort to sell its controlling stake in U.S.
Anadarko Petroleum Corp is considering the sale of its holdings in oil and gas projects in China in a deal that could be valued at about $1 billion, Reuters reported on November 4, citing sources familiar with the matter.
ConocoPhillips has announced it has completed the transaction with KazMunayGas (KMG) for the sale of its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) for approximately $5.4 billion.
Candax Energy, a company focused on mature oil field development in Tunisia, on October 24 announced that its 100% owned subsidiary, Candax Madagascar Limited, has completed its previously announced sale of its 10% interest in Madagascar Block 1101 to Oyster Madagascar L