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...
View ArticlePatterson-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...
View ArticleQatar 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...
View ArticleShell 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...
View ArticleIneos 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...
View ArticleTellurian 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...
View ArticleTotalEnergies 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...
View ArticleBusiness 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...
View ArticleBusiness 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...
View ArticleBusiness 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...
View Article