Global Oil and Gas Upstream M&A 2010 Review

Record $211 billion in deals announced in 2010; Study sees another strong year in 2011 with more than $90 billion of properties on the market. PLS Inc., with international partner Derrick Petroleum Services and further analysis from Rystad Energy, reports global upstream oil and gas M&A activity for 2010 reached a record $211 billion. That volume... 

Kitimat LNG Obtains Environmental Approvals, Signs Agreement With Mitsubishi Corporation for LNG Terminal

Kitimat LNG Inc. and Mitsubishi Corporation announced that they have signed a Heads of Agreement under which Mitsubishi will acquire terminal capacity and an equity stake in Kitimat LNG’s proposed liquefied natural gas (LNG) export terminal. The Heads of Agreement sets forth the terms, pursuant to which Mitsubishi will commit to purchase 1.5 million... 

Exterran Holdings and Exterran Partners Report Second Quarter 2008 Results

Exterran Holdings reported net income for the second quarter 2008 of $21.7 million, or $0.33 per share, including $31.8 million in pretax charges, or approximately $0.29 per share, for estimated cost overruns in the fabrication segment. Net income was $49.4 million, or $0.73 per share, for the first quarter 2008 and $26.1 million, or $0.71 per share,...