• Hardman Resources shareholders voted in favour of a £588m takeover offer from Tullow Oil, an oil and gas explorer on three continents.
• Royal Dutch Shell expects to reach an agreement by the end of this week that will give the state-run Gazprom a stake in the $22bn Sakhalin-2 project in Russia’s far east.
• The government approved two offshore wind farms planned for the Thames Estuary, including one that will become the world’s biggest.
• Shares of Cairn Energy, an Edinburgh-based company that drills for oil and gas in South Asia, fell after the company announced a plan to sell shares in its Indian unit at the lower end of its targeted range.
• BG Group agreed to buy stakes in North Sea oil and gas fields from ConocoPhilips for $143m.
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/12/19/cxbloom19.xml
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