Tag archive for ‘Energy acquisition news’
By businessnewstoday On Tuesday, May 1st, 2018

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

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

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

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

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

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

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

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

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

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...