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Diversified Energy, Oaktree to acquire Tanos Energy’s assets for $308m

Diversified Energy, together with Oaktree Capital Management, has agreed to acquire certain natural gas assets in the US from Tanos Energy Holdings III for $308m. The firms will purchase Cotton Valley...

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Patterson-UTI to buy Pioneer Energy Services for $295m

US-based oilfield services provider Patterson-UTI Energy has agreed to acquire Pioneer Energy Services in a cash-stock deal worth around $295m. Patterson-UTI will pay for the deal through the issuance...

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Qatar Petroleum signs LNG supply deal with Taiwan’s CPC

Qatar Petroleum has signed a 15-year agreement to supply LNG to the CPC Corporation, Taiwan (CPC). Under the Sale and purchase agreement (SPA), Qatar Petroleum will supply 1.25 million tons per annum...

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Shell to offload stake in German refinery to Alcmene

Shell Deutschland (Shell) has entered an agreement to divest a non-operated stake of 37.5% in the PCK Schwedt Refinery in Germany to Alcmene, an Austria-based unit of energy firm Liwathon Group. The...

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Ineos and Petroineos joins Acorn CCS project in Scotland

British chemical firm Ineos and Petroineos have signed a memorandum of understanding (MoU) to join the Acorn CCS Project, Scotland’s first carbon capture and storage (CCS) system. The MoU was signed by...

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Tellurian terminates LNG deal with Franc’s TotalEnergies

US-based Tellurian has terminated agreements related to its proposed Driftwood LNG export facility with French energy major TotalEnergies. The termination of share purchase agreement and equity...

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TotalEnergies closes $750m infrastructure agreement with GIP

France’s TotalEnergies and Global Infrastructure Partners (GIP) have closed a transaction pertaining to the downstream facilities of the Gladstone LNG project in Australia. Effective from 1 January...

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Business optimism declines in August amid concerns over Delta variant: Poll

Verdict has been conducting a poll to study the trends in business optimism during COVID-19 as reflected by the views of companies on their future growth prospects amid the pandemic. Analysis of the...

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Business optimism improves in September: Poll

Verdict has been conducting the poll to study the trends in business optimism during COVID-19 as reflected by the views of companies on their future growth prospects amid the pandemic. Analysis of the...

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Business optimism improves in September: Poll

Verdict has been conducting the poll to study the trends in business optimism during COVID-19 as reflected by the views of companies on their future growth prospects amid the pandemic. Analysis of the...

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