Tag archive for ‘Energy acquisition news’
By businessnewstoday On Tuesday, May 1st, 2018
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Marathon Petroleum to merge with Andeavor in $23.3bn deal

(adsbygoogle = window.adsbygoogle || []).push({}); Marathon Petroleum, a US petroleum refining company has signed an agreement to acquire its rival Andeavor for $23.3 billion. (adsbygoogle = More...

By businessnewstoday On Monday, April 30th, 2018
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Marathon Petroleum to buy rival US petroleum refining company Andeavor for $23.3bn

Marathon Acquisition of Andeavor : US petroleum refining company Marathon Petroleum has agreed to acquire rival oil refining company Andeavor (formerly known as Tesoro) for $23.3 billion. Marathon Acquisition of More...

By businessnewstoday On Tuesday, April 24th, 2018
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Shell to offload Argentine downstream business to Raizen for $950m

Energy acquisition news : Royal Dutch Shell has made a $950 million deal to sell its Argentine downstream business to Brazilian biofuels producer and fuels distributor Raizen. The transaction comprises the Buenos More...

By businessnewstoday On Monday, April 23rd, 2018
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CenterPoint Energy to acquire rival natural gas utility Vectren for $6bn

Energy acquisition news : US electric and natural gas utility CenterPoint Energy has struck a deal of about $6 billion to acquire its rival natural gas utility Vectren. CenterPoint acquisition of Vectren is expected More...

By businessnewstoday On Wednesday, April 4th, 2018
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EnergyAustralia to acquire Ecogen Energy’s gas-fired power plants

Energy acquisition news : EnergyAustralia has agreed to acquire Ecogen Energy, the owner of the 510MW Newport gas-fired power plant and the 440MW Jeeralang gas-fired power plant, for AUD 205 million ($157.38 million). The More...

By businessnewstoday On Monday, March 12th, 2018
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Eni buys stake in Abu Dhabi offshore oil and gas fields in UAE for $875m

Eni has signed a couple of concession agreements to acquire a stake of 5% and 10% in the Lower Zakum offshore oil field and the Umm Shaif and Nasr oil, condensate and gas offshore fields, respectively in offshore More...

By businessnewstoday On Monday, March 12th, 2018
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Eni to sell 10% stake in Shorouk concession to Mubadala Petroleum for $934m

Oil and gas industry news : Italian oil and gas company Eni has struck a deal to divest a stake of 10% in the Shorouk concession, offshore Egypt, containing the super-giant Zohr gas field to Mubadala Petroleum for More...

By businessnewstoday On Monday, March 5th, 2018
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Engie North America to acquire US solar energy company SoCore Energy

Energy acquisition news : Engie North America has signed a deal to acquire SoCore Energy, a Chicago-based solar energy company from Edison International for an undisclosed price, in a move to expand its solar portfolio More...

By businessnewstoday On Saturday, March 3rd, 2018
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Aus govt to take over full ownership of Snowy Hydro from NSW and Victoria

Energy acquisition news : The Australian government has struck a deal worth more than AUD6 billion ($4.65 billion) with the New South Wales (NSW) and Victorian governments to buy out their stakes in Snowy Hydro, More...

By businessnewstoday On Saturday, February 3rd, 2018
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Northstar Offshore Ventures buys oil and gas assets in Gulf of Mexico

Energy acquisition news : Northstar Offshore Ventures has purchased certain oil and gas assets located in the outer continental shelf of the Gulf of Mexico from PetroQuest Energy. Based in Texas, Northstar Offshore More...