CrownRock LP is preparing to explore a sale that could value it at well over $10 billion including debt, people familiar with the matter said, in what could be the largest deal for a U.S. oil and gas producer going back...
Ithaca Energy acquires Shell’s stake in UK Cambo field
Ithaca Energy agreed to acquire Shell’s 30% stake to take full control of the undeveloped Cambo oil and gas field in the West of Shetland region of the British North Sea, the smaller oil producer said on Tuesday...
Diamondback, Five Point Energy form water management joint venture
U.S. shale oil producer Diamondback Energy has formed a new joint venture with private equity firm Five Point Energy LLC to create a water infrastructure network in the Midland Basin that is part of the oil-rich Permian...
PetroChina buys EV charging firm Potevio New Energy
PetroChina has acquired 100% of electric vehicle (EV) charging firm Potevio New Energy Co Ltd in the latest lower-carbon investment by China’s top oil and gas company, parent CNPC said on Friday. Set up in 2010...
Peyto to buy Repsol’s Canada unit for $468 mln
Canadian natural gas firm Peyto Exploration & Development has agreed to buy Spanish energy company Repsol’s assets in Canada for $468 million, the two companies said in separate statements. Repsol Canada...
Gulf Oil Lubricants scouting for more acquisitions in the EV charging infra space
Gulf Oil Lubricants is on a lookout for more acquisitions in India and globally within the charging EV ecosystem as it seeks to strengthen its presence in the electric mobility segment where it’s a new entrant. This is...
Energy Transfer to buy Crestwood in $7.1 billion pipeline deal
U.S. energy pipeline operator Energy Transfer agreed to buy rival Crestwood Equity Partners in a deal valued at about $7.1 billion including debt. Consolidation in the oil and gas pipeline business has accelerated this...
Occidental buys carbon air capture tech firm for $1.1 billion
U.S. oil and gas producer Occidental Petroleum agreed to pay $1.1 billion for technology supplier Carbon Engineering Ltd to help it develop a string of carbon-capture sites it hopes will profit from tackling climate...
Carlyle sells Gabon oil firm to France’s Maurel & Prom for $730 mln
Private equity fund Carlyle Group has agreed to sell its Gabon-focused oil and gas company Assala Energy to French producer Maurel & Prom for $730 million, the companies said on Tuesday. Carlyle International Energy...
Brazil’s Petrobras does not intend to sell Braskem stake, report says
Brazilian state-run oil company Petrobras is not planning to sell its 36% stake in petrochemical firm Braskem, newspaper Valor Economico reported on Thursday, citing unnamed sources. Petrobras is one of Braskem’s...
Osaka Gas, Sumitomo near deal for Think Gas stake, sources say
Osaka Gas Co. and Sumitomo Corp. are nearing a deal to buy about a 30% stake in Think Gas Distribution Pvt. that could value the Indian natural gas supplier at as much as $1.5 billion, according to people familiar with...
Australia’s Woodside to sell 10% stake in Scarborough to LNG Japan for $500 mln
Woodside Energy Group said it had entered a deal with LNG Japan to sell a 10% participating interest in its $12 billion Scarborough liquefied natural gas (LNG) project in Australia for $500 million. Australia’s No...
