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US parties exploit Russia probe to raise campaign cash

Bloomberg Special Counsel Robert Mueller’s Russia investigation hasn’t yet become a top issue for most voters. But when it comes to fundraising, Democrats and Republicans battling for control of Congress in November are using the probe to cash in. Some Democrats are pitching to donors that they’ll prevent Mueller’s ouster or other interference by President Donald Trump. Republicans are telling ...

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Ensign Energy goes hostile in $358mn Trinidad drilling bid

Bloomberg Ensign Energy Services Inc. went hostile with a roughly C$470 million ($358 million) cash bid for Trinidad Drilling Ltd. after objecting to the terms of a confidentiality agreement the rival oilfield-service company wanted it to sign to engage in negotiations. Trinidad’s demand for “a lengthy standstill provision” wasn’t in the best interest of shareholders, Calgary-based Ensign said. Standstill agreements ...

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Saudi Aramco, Air Products team up on gasification project

Bloomberg Saudi Aramco, Air Products and ACWA Power said that they had signed a deal to form an $8 billion gasification and power joint venture in Saudi Arabia. The new entity, which will be located in the kingdom’s Jazan Economic City, will purchase gasification assets, power block and associated utilities from state-owned Aramco for about $8 billion, the companies said ...

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