Mergers, Acquisitions, and Divestitures impacting the world energy market
U.S. oil and gas deal-making declined by 13% last year to $58 billion compared to 2021, according to energy technology firm Enverus, with the volume of activity hitting its lowest level since 2005 as buyers […]
A flurry of massive deals has breathed life into the offshore oil and gas industry. The biggest deal was QatarEnergy’s contract with McDermott for expanding the production capacity at the North Field. Offshore drilling is […]
Cradle of oil and gas. UAE (United Arab Emirates) is ranked 7th in oil production in 2021 (Figure 1). In the Middle East, only Saudi Arabia and Iraq rank higher. UAE is a small country by population, […]
GoviEx Uranium (TSXV: GXU) is selling its uranium-silver-copper Falea project in Mali to African Energy Metals (TSXV: CUCO) in a C$5.5 million cash and share deal. The project is about 350 km west of Mali’s […]
The PFC-REC team received 95 per cent of lender votes by value of debt, while Adani Power secured 17 per cent, people cited above told ET. The voting percentages need not total up to 100 […]
Vale (NYSE: VALE), the world’s second largest iron ore miner and top nickel producer, has shortlisted suitors for 10% of its base metals business estimated to be worth nearly $2.5 billion. The Brazilian miner, […]
Oil tanker company Frontline said on Monday a $4.2 billion deal to merge with rival Euronav NV was terminated, a combination which would have created the world’s largest publicly listed tanker company. Frontline will not […]
UK-headquartered energy giant BP has completed the acquisition of Archaea Energy, a Texas-based renewable natural gas (RNG) company. Archaea Energy operates 50 RNG and landfill gas-to-energy facilities across the U.S., producing around 6,000 barrels of […]
Beijing, 29 December (Argus) — Demand for vanadium from China’s non-steel industries is likely to rise in 2023, as decarbonisation and the development of China’s aerospace industry fuel investment in aerospace titanium alloys and vanadium […]
Home Fossil Energy Norway’s oil and gas player enters North Sea license with 50% interest Norwegian oil and gas company OKEA has signed a sale and purchase agreement (SPA) with compatriot DNO Norge to enter into […]
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