CenterPoint Energy said it would sell its natural gas assets in Louisiana and Mississippi for $1.2 billion to Bernhard Capital Partners, as the electric and gas utility plans to focus on its regulated business. Several...
Gabon to buy Carlyle’s oil business, preempting $1.3 bln sale
Gabon’s national oil company has agreed to acquire Carlyle’s Assala Energy after it used its right to preempt the sale of the business for $1.3 billion to France’s Maurel & Prom, the firms said on...
Vitol in talks with Moratti family over stake in refiner Saras
Italy’s Moratti family confirmed on Friday that they were in contact with global commodity trader Vitol over the future of oil refiner Saras, in which they own a controlling stake. In response to a newspaper...
Shale producer Devon Energy in bid to acquire Enerplus -sources
U.S. oil and gas producer Devon Energy has approached Enerplus, a peer with a market value of C$4 billion ($3 billion), with an acquisition offer, people familiar with the matter said on Thursday. Such a combination...
TotalEnergies looks to exit Nigerian onshore oil, following Shell
French energy giant TotalEnergies is seeking to sell its minority share in a major Nigerian onshore oil joint venture, following Shell’s divestment last month, CEO Patrick Pouyanne said. The Shell Petroleum...
California Resources to buy Aera in $2.1 bln deal to boost oil production
California Resources said it would buy Aera Energy, in a deal valuing the company at $2.1 billion including debt, as the U.S. oil and gas firm looks to more than double its production. The combined entity will own...
Tellurian explores sale of upstream business to finance Driftwood LNG
Tellurian is exploring the sale of its Haynesville upstream business in East Texas and Louisiana, the liquefied natural gas (LNG) firm said on Tuesday, as it looks to raise capital for its Driftwood LNG project. The...
OMV sells its stake in SapuraOMV to Total Energies
Austrian oil and gas company OMV has agreed to sell its 50% in stake in the Malaysian-headquartered SapuraOMV to French energy group TotalEnergies, OMV said in a statement. TotalEnergies is to pay $903 million for...
Nebula Energy to buy majority stake in AG&P LNG for $300 mn
Nebula Energy LLC is buying a majority stake in UAE-headquartered Atlantic, Gulf & Pacific (AG&P) LNG for $300 million (about Rs 2,300 crore), which will also give the Florida-based company a foothold in the...
Talos Energy to acquire QuarterNorth Energy for $1.29 bln
Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 billion cash and stock deal to bolster its presence in Mexico. QuarterNorth is a privately held U.S. Gulf of Mexico...
Southwestern, Chesapeake Energy close to $17 billion merger – source
U.S. natural gas producer Chesapeake Energy and peer Southwestern Energy are nearing a merger that would create a nearly $17 billion company, a person familiar with the matter told Reuters on Friday. The deal could come...
APA to acquire rival Callon Petroleum in $4.5 billion deal
U.S. oil producer APA said it was buying rival Callon Petroleum in an all-stock transaction valued at $4.5 billion including debt, following on the heels of a record year for dealmaking in the largest U.S. shale field...
