The Times (UK): Need to Know: “The private equity firms PAI, Kohlberg Kravis Roberts, Cinven and CVC Capital are reportedly on a shortlist of at least five bidders to buy Royal Dutch Shell’s liquefied petroleum gas business for as much as £1.5 billion.”: Saturday 20 August 2005

NATURAL RESOURCES

Up 1.06%

Hunting, the energy services group, increased its profit forecast for the year as demand for its work rose amid soaring oil prices. Analysts had expected pre-tax profits of £27 million, against last year’s £25.2 million.

Warren Buffett, the billionaire American investor, reportedly feels that oil prices have peaked and is considering selling his shares in PetroChina, China’s largest oil company.

Antofagasta, the miner, said that Andrónico Luksic, its majority owner, has died.

The private equity firms PAI, Kohlberg Kravis Roberts, Cinven and CVC Capital are reportedly on a shortlist of at least five bidders to buy Royal Dutch Shell’s liquefied petroleum gas business for as much as £1.5 billion.

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