TotalEnergies has completed the sale of its 18% interest in the onshore Sarsang oil field in the Kurdistan region of Iraq for $155 million, the French company said on Thursday. The stake was sold to ShaMaran Petroleum...
Tullow Oil sticks to Capricorn merger plans, $200 mln cashflow guidance
Africa-focused Tullow Oil said it would stick to the current form of its plan all-share merger plan with Capricorn Energy, shrugging off criticism from some Capricorn investors who say the deal undervalues the company...
Capricorn shareholder Schroders against Tullow merger in current form
Capricorn Energy shareholder Schroders would vote against the oil and gas producer’s planned merger with Tullow Oil in its current form, the investment company’s head of UK and European Mid and Small Caps...
Tamarack Valley to buy Deltastream for $1.1 bln in Canada’s fast-growing Clearwater
Canada’s Tamarack Valley Energy Ltd said on Monday it will buy oil producer Deltastream Energy Corp for C$1.425 billion ($1.10 billion) in Alberta’s small but fast-growing Clearwater play. The Clearwater...
Repsol agrees to sell Alberta oil assets to CPPIB backed-Teine Energy -sources
Repsol SA has agreed to sell about 95,000 net acres (38,000 hectares) of oil and gas producing land in Alberta to Canada Pension Plan Investments Board-backed Teine Energy, three sources familiar with the plan told...
U.S. gas producer EQT nears $4 bln deal to buy THQ Appalachia -sources
EQT Corp, the largest dedicated producer of U.S. natural gas, is in advanced talks to acquire peer THQ Appalachia I LLC and associated pipeline infrastructure for around $4 billion, including debt, people familiar with...
Brazil’s PetroRio looks to buy Dommo Energia in $180 mln deal
Brazilian oil company PetroRio SA said it signed a memorandum of understanding to buy Dommo Energia SA, formerly known as OGX Petroleo e Gas SA in a deal valued at 942.9 million reais ($179.9 million). Once the darling...
ONGC-Indian Oil, GAIL and MCPI submit bids for bankrupt JBF Petro
A consortium of Oil and Natural Gas Corporation (ONGC) and Indian Oil Corp, besides GAIL (India) and Kolkata-based MCPI have submitted formal bids to take over Mangalore-based bankrupt company JBFPetrochemicals, two...
Exxon, Shell close to selling California oil and gas venture Aera – sources
Exxon Mobil Corp has joined Shell Plc in seeking to divest their Aera joint venture, and the duo are in advanced talks with a buyer for the California oil and gas producer, three people with knowledge of the matter said...
Woodside in talks to sell stake in Scarborough gas field
Woodside Energy Group is in talks with high quality companies looking to buy a stake in its $5.7 billion Scarborough gas project, but won’t sell unless it gets the right price, Chief Executive Meg O’Neill...
Exxon to sell Arkansas shale gas assets to Flywheel Energy
Exxon Mobil Corp has reached an agreement with Flywheel Energy to sell to the closely held U.S. oil and gas producer natural gas properties in Arkansas, an Exxon spokesperson confirmed on Friday. The sale of...
TotalEnergies sells stake in Siberia gas field to Russia’s Novatek
TotalEnergies is selling its stake in a Siberian gas field, owned in a joint venture with Novatek, to the Russian oil and gas company, the French energy major said amid criticism over its business dealings in Russia...
