Deltic Energy (DELT.L) said Friday that the UK's North Sea Transition Authority approved the company's planned acquisition by NEO NEXT+ Energy, satisfying one of the conditions for the deal.
The upstream oil and gas company's recommended cash offer for UK-listed natural resources investor, agreed in May, remains subject to other conditions and is expected to be completed on Aug. 14.
Air Liquide (AI.PA) earmarked over $150 million for an industrial gas production facility in the US state of Idaho.The French industrial gases company said Thursday it will build and operate the new facility to support the expansion of an unnamed partner semiconductor memory chip company.The planned facility will produce nitrogen, oxygen, and argon, with operations to commence in 2028.
Ovintiv Inc (OVV) reported Thursday Q2 adjusted earnings of $491 million, up from $265 million a year earlier.