Mergers, Acquisitions, and Divestitures impacting the world energy market
Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin (the “Tracker Acquisition”) from Tracker Resource […]
Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) today announced that it has entered into definitive agreements to acquire privately held operated assets located in the Midland Basin (the “Tracker Acquisition”) from Tracker Resource […]
PRNewswire/ — Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced the acquisition of its 14th wind project — the 300-megawatt (MW) Deuel Harvest Wind Farm — from Invenergy, a leading […]
A fall in crude oil price and Aramco’s USD 75 billion annual dividend commitment may have delayed Saudi company picking a stake in Reliance Industries Ltd‘s oil-to-chemical unit (O2C), research firm Jefferies said. Richest Indian Mukesh Ambani had in August […]
Total and Shenergy Group, the leading energy player in Shanghai, have signed binding agreements for the supply of up to 1.4 million tons per annum of Liquefied Natural Gas (LNG) from Total, as well as […]
Oasis Midstream Partners LP (Nasdaq: OMP) (the “Partnership” or “OMP”) today announced it has entered into a contribution and simplification agreement to acquire all remaining interests in Bobcat DevCo LLC (“Bobcat DevCo”) and Beartooth DevCo […]
Indian Oil Corporation (IOC) on Wednesday entered into a collaboration with Phinergy, an Israeli start-up company specialising in hybrid lithium-ion and aluminium-air/zinc-air battery systems, to form IOC Phinergy Private Limited. According to a press release, the […]
Eni (NYSE: E) announced Tuesday that it has reached an agreement to sell its shares in its entities in Pakistan to Prime International Oil & Gas Company. The activities covered by the agreement include interests […]
Cairn Energy Plc reshuffled its portfolio, selling $460 million of assets in the U.K. North Sea and buying projects in Egypt’s Western Desert from Royal Dutch Shell Plc. Both deals, announced Tuesday and seen completing in […]
A subsidiary of Russian state-owned nuclear technology and electric utility company Rosatom, will establish domestic lithium-ion battery cell and manufacturing facilities, following a deal to acquire 49% of South Korean company Enertech International. Enertech International […]
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