China National Petroleum Corp and Malaysia's Petronas are considering offers for Marathon Oil Corp's stakes in two Angolan offshore oil and gas fields, people familiar with the matter said.This would be potentially the third major energy deal in Africa this year, a major new front for Asian state energy firms looking to fuel fast growing economies.Reuters estimates that at least $6 billion worth of oil and gas blocks are being sold by U.S. independent companies, under pressure from shareholders and taking advantage of Asian interest to sell out of non-core assets. In total about $16 billion of oil and gas blocks are being sold globally, with $11 billion of that in Africa.It also signals another banner year for oil and gas M&A, after a record $345.9 billion last year. Asian firms' share has more than doubled in a decade, according to Thomson Reuters data, to 19.6 percent in 2012 from 7.6 percent in 2003.
Marathon Oil Corporation (Marathon Oil) is an international energy company engaged in exploration and production, oil sands mining and integrated gas with operations in the United States, Angola, Canada, Equatorial Guinea. Shares of MRO remained unchanged at $33.57. In the past year, the shares have traded as low as $23.17 and as high as $35.86. On average, 4974650 shares of MRO exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $32.38. In the past year, the shares have traded as low as $26.20 and as high as $32.89. On average, 1041410 shares of TRI exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.27% or $-0.09/share to $32.84. In the past year, the shares have traded as low as $26.65 and as high as $33.54. On average, 1124320 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 885897.
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