Spartan Energy Corp * Spartan Energy Corp. announces two consolidating Southeast Saskatchewan light oil acquisitions and bank line redetermination * Says two separate transactions for a total aggregate purchase price of...
Air Liquide sells US assets to Matheson in connection with Airgas acquisition
French industrial gases major Air Liquide on June 24, 2016, entered into an agreement to sell certain assets in the US to Matheson Tri-Gas Inc, a subsidiary of Taiyo Nippon Sanso Corporation of Japan. Upon closing...
Essar Energy exits Kenya Petroleum by selling stake to Kenyan government
MUMBAI: Essar Energy has sold its entire 50% stake in Kenya Petroleum Refineries (KPRL) to the Kenyan government as a part of its strategy to exit non-core businesses, the company promoted by billionaire brothers Shashi...
Dutch fund DIF and EDF confirm acquisition of German gas grid Thyssengas
Dutch infrastructure fund DIF and French utility EDF confirmed that they have agreed to buy German gas grid Thyssengas from Macquarie. DIF and EDF Invest, which were advised by Royal Bank of Canada, are taking a 50...
FMC Technologies, Technip S.A enter merger agreement
FMC Technologies * On June 14, co and Technip S.A entered into a definitive business combination agreement * Business combination agreement provides for merger of Technip with and into Topco ( ‘Technip...
Devon sells Texas land to Pioneer, undisclosed buyer for $858 million
U.S. shale oil producer Devon Energy Corp said on Wednesday it would sell Texas acreage to Pioneer Natural Resources Co and an undisclosed buyer for $858 million, as the pace of asset sales picks up on recovering oil...
$1.3B BP Norway Merger Could Challenge Statoil
BP Plc, which operates in Norway, agreed to a US$1.3 billion merger with its Norwegian counterpart Det Norske Oljeselskap, in a move slated to cut costs and challenge Statoil’s dominance of the Nordic country’s energy...
Teine Energy announces significant asset acquisition
Teine Energy Ltd: * Transaction will be funded by Canada Pension Plan Investment Board (“CPPIB”) and company’s existing credit facilities * J.P. Morgan Securities, LLC acted as financial advisor to...
Energy Transfer-Williams Companies merger approved with conditions
The merger of pipeline companies Energy Transfer Equity LP and Williams Companies has been approved with conditions, the U.S. Federal Trade Commission said on Thursday. Energy Transfer’s proposed acquisition of...
Schlumberger acquires Saltel Industries
Schlumberger announced today the acquisition of Saltel Industries, a France-based engineering, manufacturing and service company that offers expandable patches and steel packers technology for the oil and gas industry...
Reports of Addax bid, court verdict pull down Reliance
The stock of Reliance Industries Ltd (RIL) continued its downward movement on Monday following reports that the company was in the race for acquiring London-based oil and gas firm Addax Petroleum. Last week RIL shares...
Exxon Mobil in talks to buy into Eni’s giant Mozambique gas field
Exxon Mobil is in talks to buy a stake of around 15 percent in Italian oil major Eni’s giant Area 4 gas field in Mozambique, two sources familiar with the matter said. Exxon is seen as a front-runner to buy into...
