Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy’s main liquefied natural gas (LNG) import terminal, the U.S. oil producer said in a statement. The stake sale drew interest...
BP explores $1 billion US pipelines stake sale – sources
BP Plc is exploring the sale of a 49% stake in its U.S. oil and gas pipeline network in the Gulf of Mexico, hoping to raise as much as $1 billion, according to people familiar with the matter. The potential divestment...
Shell weighs sale of Sprng assets stake
Shell Plc is looking to sell a stake in the operational assets of Sprng Energy Group, a renewable assets platform it acquired in 2022 from Actis Llp at an enterprise value of $1.55 billion, said two people aware of the...
Petronas nears $1.6 billion deal to acquire minority stake in India’s AM Green unit: Report
Malaysia’s state oil giant Petroliam Nasional Bhd. is nearing a deal to acquire a minority stake in the ammonia unit of India’s AM Green for about $1.6 billion. Petronas is in advanced talks to buy about a 25 per cent...
US oil and gas producer CrownRock to explore $10 bln-plus sale – sources
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...
