Mergers, Acquisitions, and Divestitures impacting the world energy market
HOUSTON, Sept. 5, 2023 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) announced today that Chevron U.S.A. Inc. has purchased over 77 acres in Bridgeland Central®, the award-winning master planned community of Bridgeland®. The acquisition signals continued growth for the Howard Hughes […]
Crescent Point Energy Corp. is selling its North Dakota assets for $500 million to an undisclosed private operator. In the second quarter of 2023, the assets had gross production of approximately 23,500 barrels of oil […]
(Bloomberg) — Billionaire Kelcy Warren’s Energy Transfer LP will buy Crestwood Equity Partners LP in a $7.1 billion all-equity deal that will create a major expansion of its pipeline networks across the US. The deal […]
Aug 7 (Reuters) – Electric-vehicle parts supplier Proterra (PTRA.O) filed for Chapter 11 bankruptcy protection on Monday, making it the latest company to go belly up in an industry grappling with supply chain constraints, slowing demand and […]
Exxon Mobil Corp. plans to invest billions of dollars in low-carbon segments like carbon capture, biofuels and hydrogen. But the U.S. supermajor is also evaluating opportunities in lithium production, Exxon CEO Darren Woods said. As the […]
(WO) – Eni announced the acquisition of Chevron interests, including operatorship, in the Indonesian Blocks named Ganal PSC (Chevron 62%), Rapak PSC (Chevron 62%) and Makassar Straits PSC (Chevron 72%), in the Kutei Basin, offshore […]
Private equity firm Denham Capital has announced the sale of Rio Energy assets to energy giant Equinor, as the latter expands its renewables portfolio. The transaction includes the entire Rio Energy team and other selected […]
Saudi Aramco said on Friday it had completed the purchase of a 10% stake in a Chinese petrochemical firm for the equivalent of $3.4 billion as the Saudi oil giant continues to expand its downstream footprint in […]
Asset managers near sale of multibillion-dollar holding Abu Dhabi’s newest sovereign fund may seal deal this week BlackRock Inc. and KKR & Co. are nearing a deal to sell their multibillion-dollar stake in Abu Dhabi National Oil Co.’s oil […]
Combined assets and capabilities further accelerate ExxonMobil’s Low Carbon Solutions business and create an even more compelling customer decarbonization proposition Leading CCS network underpins ExxonMobil’s commitment to low carbon value chains including CCS, hydrogen, ammonia, […]
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