- E.ON (OTCPK:EONGY) reportedly is in advanced talks to sell its U.K. North Sea assets to Premier Oil (OTCPK:PMOIF), Dow Jones reports.
- Shares of Premier Oil are suspended on the London Stock Exchange ahead of an announcement of a potential asset acquisition.
- The German utility has launched a restructuring strategy to spin out conventional operations to a new company, and plans to focus on renewable energy while retaining its German nuclear operations within the parent company.