Mergers, Acquisitions, and Divestitures impacting the world energy market
CALGARY, Alberta, Feb. 28, 2023 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has closed on the transaction to purchase bp’s 50% interest in the bp-Husky Toledo Refinery in Ohio, effective today. […]
PARIS–(BUSINESS WIRE)–Regulatory News: “This transaction represents another important milestone in our long-standing partnership with ADNOC and will further strengthen our presence in Abu Dhabi where we have been present since 1939” Tweet this TotalEnergies (Paris:TTE) (LSE:TTE) […]
The Island Gold mine. Alamos Gold photo Alamos Gold (TSE: AGI) has entered into a definitive agreement to acquire shares of Manitou Gold (TSX: MTU). The acquisition will consolidate Alamos’ existing ownership of Manitou shares […]
Canadian oil and gas producer Baytex Energy Corp (BTE.TO) is nearing a deal to acquire U.S. peer Ranger Oil Corp (ROCC.O) for around $2.5 billion including debt, people familiar with the matter said on Monday. Calgary, Alberta-based Baytex will […]
Sydney, 21 February (Argus) — Australian resources firm BHP and Japanese trading house Mitsubishi plan to sell the 12mn t/yr Blackwater and 2.5mn t/yr Daunia mines from their BHP Mitsubishi Alliance (BMA) joint venture in […]
Mexico City, Mexico — Mexican President Andrés Manuel López Obrador issued a decree to speed up nationalization of the country’s lithium reserves on Saturday and also teased a possible partnership with Tesla founder Elon Musk. In […]
Shell’s wholly-owned subsidiary Shell Petroleum has closed the acquisition of Danish renewable natural gas (RNG) producer Nature Energy Biogas in a deal worth approximately $2bn. Denmark-based Nature Energy has been acquired from a consortium of institutional investors comprising Pioneer Point […]
Teck (TSX: TECK.A, TECK.B; NYSE: TECK) and PolyMet (TSX: POM; NYSE: PLM) have launched the NewRange Copper Nickel joint venture with the aim to supply critical minerals for the clean energy transition across North America. […]
TULSA, OK, Feb. 14, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital” or the “Company”) today announced the signing of a definitive purchase and sale agreement to acquire the assets of Driftwood Energy […]
UK-headquartered energy services provider Expro is acquiring compatriot well construction cementing firm DeltaTek Global in order to broaden its offering, capabilities and technology portfolio. According to Expro’s Chief Technology Officer Steve Russell, the acquisition will expand […]
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