Top U.S. natural gas producer EQT Corp on Monday said it agreed to buy Equitrans Midstream in an all-stock deal that values its former pipeline unit at about $14 billion including debt, as companies look to navigate...
AG&P Pratham, Think Gas set for $1.1-billion merger
Global infrastructure investor I-Squared Capital-backed city gas distribution companies in India — AG&P Pratham and Think Gas Distribution — are set to merge, according to two industry executives aware of the...
Vitol close to buying Exxon, QatarEnergy stakes in Italy LNG terminal, sources say
Vitol-backed energy storage company VTTI is close to acquiring a majority stake in Italy’s biggest liquefied natural gas import terminal from Exxon Mobil and QatarEnergy, two sources with knowledge of the matter...
TC Energy to sell Portland Natural Gas Transmission System for $1.14 bln
TC Energy said on Monday it has agreed to sell the Portland Natural Gas Transmission System (PNGTS) to a BlackRock-managed fund and Morgan Stanley Infrastructure Partners for $1.14 billion as part of its ongoing efforts...
UAE’s ADNOC closes acquisition of 24.9% stake in Austria’s OMV
Abu Dhabi National Oil Company (ADNOC) said on Thursday it has formally closed the acquisition of a 24.9% stake in Austrian oil and gas group OMV from Abu Dhabi sovereign wealth fund Mubadala Investment Company. The...
Australia’s Woodside to sell stake in Scarborough to Japan’s JERA for $1.4 bln
Woodside Energy is selling a 15.1% stake in its Scarborough project to Japan’s JERA for about $1.4 billion, marking the Australian gas producer’s second stake sale to a Japanese liquefied natural gas (LNG)...
CenterPoint to sell Louisiana, Mississippi natgas assets for $1.2 billion
CenterPoint Energy said it would sell its natural gas assets in Louisiana and Mississippi for $1.2 billion to Bernhard Capital Partners, as the electric and gas utility plans to focus on its regulated business. Several...
Gabon to buy Carlyle’s oil business, preempting $1.3 bln sale
Gabon’s national oil company has agreed to acquire Carlyle’s Assala Energy after it used its right to preempt the sale of the business for $1.3 billion to France’s Maurel & Prom, the firms said on...
Vitol in talks with Moratti family over stake in refiner Saras
Italy’s Moratti family confirmed on Friday that they were in contact with global commodity trader Vitol over the future of oil refiner Saras, in which they own a controlling stake. In response to a newspaper...
Shale producer Devon Energy in bid to acquire Enerplus -sources
U.S. oil and gas producer Devon Energy has approached Enerplus, a peer with a market value of C$4 billion ($3 billion), with an acquisition offer, people familiar with the matter said on Thursday. Such a combination...
TotalEnergies looks to exit Nigerian onshore oil, following Shell
French energy giant TotalEnergies is seeking to sell its minority share in a major Nigerian onshore oil joint venture, following Shell’s divestment last month, CEO Patrick Pouyanne said. The Shell Petroleum...
California Resources to buy Aera in $2.1 bln deal to boost oil production
California Resources said it would buy Aera Energy, in a deal valuing the company at $2.1 billion including debt, as the U.S. oil and gas firm looks to more than double its production. The combined entity will own...
