Mergers, Acquisitions, and Divestitures impacting the world energy market
ExxonStrategic wager on shale would help define CEO Woods’s tenure Raymond’s Mobil merger, Tillerson’s XTO deal are precedents Exxon Mobil Corp. boss Darren Woods is poised to emulate his two predecessors with a career-defining mega deal that — […]
Exxon Mobil XOM -2.25%decrease; red down pointing triangle is closing in on a deal to buy Pioneer Natural Resources PXD -0.17%decrease; red down pointing triangle , a blockbuster takeover that could be worth roughly $60 billion and reshape the […]
(WO) – Talos Energy Inc. and its Mexican subsidiary announced the closing of the sale of a 49.9% interest in Talos Mexico to Zamajal, S. A. de C.V., a wholly-owned subsidiary of Grupo Carso (“Carso”). […]
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 […]
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