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Shell, PetroChina Make $3 Billion Arrow Energy Offer (Correct) - Bloomberg.com

Mon 08/03/10 - 11:34:44 vs6
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March 8 (Bloomberg) -- Royal Dutch Shell Plc and PetroChina Co. made an offer worth more than A$3.3 billion ($3 billion) to acquire Arrow Energy Ltd., the holder of Australia’s biggest coal-seam gas acreage, triggering a record gain in the shares. Arrow investors would receive A$4.45 a
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Tags : bloomberg.com, takeover, Short, Quote, Morgan, title.Energy, Energy, Buy, title.Bloomberg, bloomberg, Bid, assets, record gain, cash component, venture partner

Vale departures as court battle looks likely

Mon 08/03/10 - 03:33:30 vs6
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Two weeks ago the world's second biggest miner suffered the loss of its operations manager Michael Mapp. Late last week his replacement, Andrew Clough, also tendered his resignation after less than a fortnight in the role. Robert Milbourne, Vale's general counsel in Australia, also joined the
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Tags : businessday.com.au, Term, coal division, coal business, business priorities, default notice, venture partner, fortnight, operations manager, general counsel

Vale departures as court battle looks likely

Sun 07/03/10 - 08:35:38 vs6
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Brazilian mining giant Vale's Australian operations have been rocked by the departures of more key employees as its spat with Eagle Downs joint-venture partner, Aquila Resources, appears headed for the courts. Two weeks ago the world's second biggest miner suffered the loss of its
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Tags : smh.com.au, Term, RON, Brazil, coal division, coal business, business priorities, default notice, venture partner, fortnight, operations manager, title.departures, departures, general counsel

Aquila still committed to mine project

Fri 05/03/10 - 05:56:36 vs6
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Aquila Resources says it remains committed to the proposed Eagle Downs project in Queensland's Central Highlands , despite lodging legal documents against its joint venture partner . Earlier this week, Aquila issued Vale Australia with a default notice , because the two companies
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Tags : au.biz.yahoo.com, Quote, MIT, ESO, AQUILA RESOURCES, default notice, statement of claim, venture partner, present value, legal documents, spokesman