Donald Trump sparked some bullish sentiment in oil markets this week by putting sanctions on Venezuela - threatening global supply of heavy oil.

Asset manager Apollo Global Management has agreed to acquire a majority stake in offshore service provider OEG from funds managed by the Power Opportunities strategy of Oaktree Capital Management, LP ...

TANAP is a bp subsidiary that holds a 12 per cent interest in TANAP, the owner and operator of the Trans-Anatolian Natural ...

BP has agreed to sell a stake in a firm invested in the TANAP gas pipeline linking Azerbaijan and Turkey for $1 billion to ...

Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the “Apollo funds”) have agreed to acquire a majority stake in OEG Energy Group (“OEG” or the “Company”), a leading offshore ...

Apollo Global Management is set to purchase a stake in U.K. energy services business OEG Energy Group at a valuation of more than $1B.

The British oil giant had announced a major strategy shift in February to boost earnings and win back investor confidence and ...

OEG Group has confirmed that funds managed by Apollo affiliates have agreed to acquire a majority stake in it from funds ...

CEO Murray Auchincloss is spearheading a $20 billion disposal programme through 2027 as BP looks to cut back on renewables while increasing spending on oil and ... BP is selling Apollo 25% of ...

British energy giant BP has agreed to sell a stake in a firm invested in the TANAP gas pipeline linking Azerbaijan and ...

BP has struck a $1-billion deal to sell 25% of its stake in a pipeline taking gas from Azerbaijan to Turkey to New ...

Apollo announced that funds managed by Apollo affiliates have agreed to acquire a majority stake in OEG Energy Group, a leading offshore energy ...