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HomeM & A

M & A

Mergers, Acquisitions, and Divestitures impacting the world energy market

QatarEnergy
Big Oil Companies

QatarEnergy Buys Stake in Chevron-Operated Block Offshore Egypt

November 11, 2024 Mariel Alumit

QatarEnergy has signed an agreement to buy a 23% working interest in a concession agreement offshore Egypt from the block’s operator Chevron, the state firm of Qatar said on Monday. QatarEnergy will acquire 23% of the North […]

Lukoil
International News

Lukoil denies sale of Neftochim in Bulgaria to Qatari-British consortium

November 8, 2024 Andy Del Prado

  Litasco, a subsidiary of the Russian oil company Lukoil, announced that it was not negotiating the sale of a refinery in Bulgaria – Neftochim – with a Qatari-British consortium. Information about such a deal […]

Alternative Investments

Rafael Threatens Gulf Production

November 5, 2024 Andy Del Prado

Daily Standup Top Stories Trudeau to Order Oil, Gas Producers to Cut Emissions by 35% November 4, 2024 Clark Savage Industry limit to be implemented through cap-and-trade system Canada to start collecting data in 2026, enforcement […]

South Korea
Finance

South Korea Weighs Buying More USA Energy If Trump Wins Election

November 4, 2024 Mariel Alumit

South Korea is considering a plan to boost energy imports from the US if Donald Trump wins the election and steps up pressure on trade partners, according to people familiar with the matter. Officials in […]

Alternative Investments

Week Recap: Consumer Revolt, BP’s Strategy Shift, and Ford’s Big EV Losses

November 2, 2024 Andy Del Prado

Weekly Daily Standup Top Stories Biden’s EV Mandate Is Backfiring As Consumers Rebel Against Electric Cars October 26, 2024 Mariel Alumit Biden’s strong-arm tactics to force Americans to buy EVs have only stiffened consumer resolve not […]

Big Oil Companies

Exxon Agrees to Sell Argentina Shale Oil Assets to Pluspetrol

October 31, 2024 Clark Savage

Deal still needs the approval of Neuquen Province, person says Exxon is exiting Vaca Muerta shale patch to focus elsewhere Exxon Mobil Corp. has agreed to sell most of its assets in Argentina’s Vaca Muerta shale […]

Colonial Pipeline
Finance

Colonial Pipeline Weighs Sale at $10 Billion-Plus Value

October 29, 2024 Mariel Alumit

Company is working with advisers to gauge buyer interest Colonial Pipeline is backed by investors including KKR, CDPQ Colonial Pipeline Co., operator of the largest US fuel pipeline system, is weighing options including a sale […]

Climate Crisis

Electrifying Raises Consumer Costs

October 21, 2024 Andy Del Prado

Daily Standup Top Stories Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again) October 20, 2024 Stu Turley ENB Pub Note: Robert Bryce has been on the ENB podcast and the […]

Crude Oil News

Exxon seeks buyers for portion of assets in North Dakota’s Bakken shale

October 20, 2024 Stu Turley

Exxon to auction operated and non-operated wells in Bakken shale Assets on sale spread across 49,000 net acres in North Dakota Assets sale could fetch over $500 million, says sources NEW YORK, Oct 15 (Reuters) […]

BP
Big Oil Companies

Exclusive: BP weighs sale of minority stake in offshore wind business, sources say

October 17, 2024 Mariel Alumit

LONDON, Oct 17 (Reuters) – BP (BP.L)  is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to […]

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