Nigeria’s Seplat Energy is on track to buy Exxon Mobil’s offshore shallow water business in the country for $1.28 billion, Seplat’s chairman told Reuters on the sidelines of the CERAweek energy...
Australia’s AGL Energy rebuffs sweetened $4 bln bid from Brookfield-led team
Australia’s AGL Energy confirmed on Monday it rejected a sweetened A$5.4 billion ($4.0 billion) takeover proposal from tech billionaire Mike Cannon-Brookes and Canada’s Brookfield Asset Management, saying it...
Owners of Spanish gas grid Madrilena Red de Gas kick off strategic review -sources
The owners of Madrilena Red de Gas (MRG) have launched a strategic review that could lead to a lucrative deal for the Madrid-based gas grid provider, three sources with knowledge of the matter told Reuters. RBC Capital...
Pembina, KKR ink deals to boost western Canada gas infrastructure
Pembina Pipeline Corp and KKR & Co will merge their western Canadian gas processing assets in a joint venture that will also buy Energy Transfer LP’s holdings in the region, in deals worth C$11.4 billion ($8...
Chevron nears $3 bln deal to buy Renewable Energy Group – Bloomberg News
Chevron Corp is nearing a $3 billion deal to buy biodiesel maker Renewable Energy Group Inc, Bloomberg News reported on Friday, citing people familiar with the matter. Chevron could pay $61.50 per share in the deal...
Siemens Energy top-10 investor urges management to buy Siemens Gamesa
Siemens Energy should buy the rest of wind turbine maker Siemens Gamesa to accelerate a turnaround at the Spanish-listed firm, Deka, the second top-10 shareholder in as many weeks to call for the takeover, said on...
Australia’s AGL Energy spurns surprise $3.5 bln bid, stands by demerger plan
Australia’s top power producer AGL Energy Ltd on Monday rejected an unsolicited $3.54 billion takeover overture from tech billionaire Mike Cannon-Brookes and Canada’s Brookfield Asset Management, sticking to...
Iberdrola’s Neoenergia to sell stake in Brazil’s 2nd largest hydro plant
Brazilian power company Neoenergia SA has put up for sale its 10% stake in Norte Energia, which runs the hydroelectric power plant of Belo Monte in the Amazon region, it said late on Thursday. Belo Monte is...
Brazil energy company Energisa acquires Gemini in $159 mln deal
Brazilian energy company Energisa Transmissao de Energia SA said it has agreed to acquire power transmission company Gemini Energy SA in a deal worth around 822 million reais ($158.94 million). According to a securities...
Crescent Energy buys EP Energy’s Uinta oil and gas assets for $815 mln
Oil and gas producer Crescent Energy said it would buy around 145,000 net acres of oil- and gas-producing assets in the Uinta Basin of Utah from privately owned Verdun Oil Co for $815 million. Verdun’s owner, the...
Reliance completes acquisition of 40% stake in Sterling & Wilson Solar
Billionaire Mukesh Ambani’s Reliance Industries Ltd on Thursday said it has completed the acquisition of a 40 per cent stake in Shapoorji Pallonji Group’s Sterling & Wilson Renewable Energy Ltd (SWREL)...
TotalEnergies to buy SunPower’s commercial and industrial business for $250 mln
TotalEnergies SE agreed to buy U.S. solar company SunPower Corp’s Commercial and Industrial Solutions business for $250 million, the French group said. The deal will allow TotalEnergies to extend its distributed...
