Mergers, Acquisitions, and Divestitures impacting the world energy market
TULSA, Okla.–(BUSINESS WIRE)– Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc. (“WPX”) (NYSE: WPX) today announced the shareholders of both companies voted in favor of all proposals necessary for the closing of the previously announced […]
Javelina is a treating and fractionation plant that extracts olefins, hydrogen, and natural gas liquids (NGLs) from the gas streams produced by local refineries, creating purity products that are then sold to local markets on […]
Enverus – Industry Insight Comment from Andrew Dittmar In a one-two punch, Permian pure-play Diamondback Energy has added over 80,000 net acres in the core Midland Basin for ~$3 billion. Diamondback is acquiring publicly traded […]
Houston, 21 December (Argus) — For months, Diamondback Energy chief executive Travis Stice insisted to investors that the US independent did not need to acquire other companies, despite the turmoil in the oil and gas industry. […]
Enbridge Inc on Monday said that it will expand its liquids storage capabilities and connections through an acquisition of a facility from Blueknight Energy Partners, L.P. in Cushing, Oklahoma. The purchase of the facility includes 34 […]
Shell said on Dec. 21 it has agreed to sell a 26.25% stake in its Queensland Curtis LNG (QCLNG) facilities to Global Infrastructure Partners Australia for $2.5 billion, helping the oil major meet its annual […]
Terra Energy Partners LLC has agreed to purchase assets from bankrupt Ursa Piceance Holdings LLC and various subsidiaries for $60 million, according to bankruptcy documents. A federal bankruptcy judge in Delaware approved the sale in […]
Bluewater Energy, Inc acquires Tri-Tech Energy Services. Tri-TechEnergy Services (TTES) has been a strategic partner of Bluewater Energy for many years. Making Tri-Tech Energy Services part of Bluewater Energy was a natural fit for the company given […]
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