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Mylan to buy Swedish drugmaker Meda in $7.2 billion deal

February 11, 2016

(Reuters) – Generic drugmaker Mylan NV (MYL.O) said it would acquire Meda AB (MEDAa.ST) in a $7.2 billion cash-and-stock deal in its third attempt to buy the Swedish company. The move comes three months after Mylan gave up on its seven-month-long pursuit of smaller rival..

BP outlook: American shale gas revolution to go global by 2035

February 11, 2016

The U.S. shale gas revolution will go global over the next two decades, with production expanding rapidly in China, Argentina and Canada as natural gas eats into oil’s share of global energy demand to become the fastest-growing fossil fuel, BP says. In its annual Energy..

LANXESS and Saudi Aramco Rubber JV to be launched under the name ARLANXEO

February 11, 2016

/newswire/ – Specialty chemicals company LANXESS and Saudi Aramco have announced ARLANXEO, the name of their new joint venture for synthetic rubber. The new name and logo combines elements from the names and logos of both partners. The logo is complemented by the descriptor “Performance..

Nobel Upstream says buys Shell’s stake in Maclure North Sea field

February 11, 2016

(Reuters) – Nobel Upstream, a privately held British oil explorer, said on Wednesday it had agreed to buy Shell’s 7.59 percent stake in the Maclure North Sea oilfield for an undisclosed sum. The field, operated by Denmark’s Maersk Oil, is located in the British part..