Mergers, Acquisitions, and Divestitures impacting the world energy market
Activist fund Elliott is pushing Phillips 66 to sell chemicals CPChem is 50-50 joint venture between Chevron and Phillips 66 Chevron Corp. is interested in buying Phillips 66’s stake in a chemicals joint venture that activist Elliott Investment […]
O’Neill said during Woodisde’s earnings call on Tuesday that the company has “a number of high-quality counterparties with whom we are negotiating as we speak. The pricing point we will communicate in due course.” She […]
Danish fund manager and renewables investor Copenhagen Infrastructure Partners (CIP) has taken full ownership of the Morecambe offshore wind project from COBRA Group and Flotation Energy. The financial terms of the transaction are not disclosed. […]
Daily Standup Top Stories Redrawing of global energy markets map set to heap benefits on US February 23, 2025 Clark Savage The prospects of peace and the return of Russian gas looks likely to serve the […]
Italian offshore engineering and construction giant Saipem and offshore engineering and services player Subsea 7 have reached an agreement in principle on the key terms of a possible merger of the two companies. The combination […]
ENB Pub Note: I had to change the title to “Gulf of America” as World Oil published with “Gulf of Mexico” – just trying to help. ConocoPhillips will sell its interests in the Gulf of […]
Exxon Mobil Corporation’s XOM acquisition of Pioneer Natural Resources was given the final approval by the U.S. regulatory body, the Federal Trade Commission (“FTC”), on Jan. 17, 2025. In the same round of consolidation surrounding […]
Daily Standup Top Stories Iranian Oil Exports to China are rolling February 19, 2025 Clark Savage Iranian crude oil flows to China have rebounded this month after a U.S. crackdown on shipments launched in late 2024 […]
Feb 18 (Reuters) – Diamondback Energy (FANG.O) said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle for $4.08 billion in cash and stock, expanding its presence in the oil-rich […]
Diamondback Energy, Inc. (NASDAQ: FANG) on Tuesday announced a deal to buy Double Eagle IV Midco in an acquisition valued at about $4 billion, which gives the buyer increased presence in the Midland Basin in the top-oil […]
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