• 4 minutes Why Trump Is Right to Re-Open the Economy
  • 7 minutes Did Trump start the oil price war?
  • 11 minutes Covid-19 logarithmic growth
  • 15 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 18 minutes China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 5 hours Dr. Fauci is over rated.
  • 16 hours Dept of Energy ditches plans to buy Crude Oil for SPR
  • 46 mins China extracts record amount of natural gas from Gas Hydrates in South China Sea
  • 2 hours Western Canadian Select selling for $6.48 bbl. Enbridge charges between $7 to $9 bbl to ship to the GOM refineries.
  • 5 hours Where's the storage?
  • 1 hour TRUMP pushing Hydroxychloroquine + Zpak therapy forward despite FDA conservative approach. As he reasons, "What have we got to lose ?"
  • 2 hours Oxford Epidemiologist: Here’s Why That Covid-19 Doomsday Model Is Likely Way Off
  • 1 day Trump to New York - DROP DEAD!
  • 16 hours Wastewater Infrastructure Needs
  • 24 hours Analysis into the Iran Outbreak
  • 17 hours >>The falling of the Persian Gulf oil empires is near <<
Saudi Arabia Is Ignoring U.S. Pressure

Saudi Arabia Is Ignoring U.S. Pressure

Saudi Arabia is unlikely to…

International Funds Bid for UK's Largest Water Company

International Funds Bid for UK's Largest Water Company

Shares in United Utilities, the UK’s largest publicly listed water company, have reached a four year high following the speculation that it will soon be subject of a takeover bid.

Formed in 1995, United Utilities supplies clean water to over 3 million homes across the north west of England. The company has recently experienced revenues of £1.56 billion, up from £1.52 billion last year, and operating profits of £591.5 million, up from £580.2 million.

Bids for the FTSE 100 firm are being submitted from the Canadian pension fund Ontario Teachers, Qatari and Abu Dhabi funds, and the Chinese Investment Corporation.

The bid is expected to be in the region of about £6.1 billion ($9.5 billion).

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage




Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News