Pipeline operator Williams said it would buy a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion, to cater to rising demand from liquefied natural gas projects. The deal...
Australian competition regulator approves Viva Energy’s acquisition of OTR Group
The Australian competition regulator on Thursday approved Viva Energy’s acquisition of convenience store operator On the Run (OTR Group) from Peregrine for A$1.15 billion ($765.90 million), sending the fuel...
M&A deals in Permian basin exceeds $100 billion in 2023 – WoodMac
The value of U.S. oil and gas mergers and acquisitions in the Permian basin this year has reached a record of more than $100 billion after several multi-billion dollar deals, consultancy Wood Mackenzie said in a news...
Australia’s Woodside, Santos in talks for $53 billion oil-gas merger
Australia energy companies Woodside and Santos Ltd said late on Thursday that they are in preliminary merger talks, in what could be the latest big deal in a wave of global consolidation the in oil and gas sector. A...
Endeavor Energy explores sale for as much as $30 billion – sources
Endeavor Energy Partners is exploring a sale that could value the largest privately-held oil and gas producer in the Permian basin, the top U.S. oilfield, at between $25 billion and $30 billion, according to people...
BP to buy remaining 50% in solar JV Lightsource BP
BP has agreed to take full ownership of Lightsource BP, buying the remaining 50% stake in its solar power joint venture as part of the British oil giant’s drive to build up its renewable energy capacity. Under the...
Tokyo Gas joins race to acquire stake in Think Gas Distribution
Japan’s largest provider of city gas Tokyo Gas has joined the race to acquire a minority stake in Think Gas Distribution, Indian natural gas supplier owned by private equity fund I Squared Capital, said two people...
Capital Power acquires two LNG-fired power plants in U.S. for $1.1 bln
Canadian energy company Capital Power said it was acquiring two U.S.-based natural gas-fired generation facilities in California and Arizona for a net cost of $1.1 billion. Capital, like some of its rivals, is aiming to...
Canada’s Crescent Point to buy Montney shale firm Hammerhead for $1.86 bln
Canadian oil producer Crescent Point Energy said it has agreed to acquire Hammerhead Energy in a cash and stock deal valued at C$2.55 billion ($1.86 billion) to boost its presence in the Montney shale play in Alberta...
IOC acquires Mercator Petroleum for Rs 148 crore
State-owned Indian Oil Corporation (IOC) has acquired Mercator Petroleum for about Rs 148 crore in an insolvency proceeding, according to regulatory filings by the company. “The resolution plan submitted by IOC...
Chevron to buy Hess Corp for $53 billion in all-stock deal
Chevron has agreed to buy Hess for $53 billion in stock to gain a bigger U.S. oil footprint and a stake in rival Exxon Mobil’s massive Guyana discoveries, the latest in a series of blockbuster U.S. oil...
PTC India approves ONGC’s bid to buy PTC Energy for ₹925 crore
PTC India at its board meeting approved ONGC’s bid to acquire its subsidiary PTC Energy Limited for ₹925 crore. In an exchange filing, PTC India said, “PTC India in its Board Meeting held on 19 October has...
