Category: Deal News

Santos and Repsol are considering the sale of minority stakes in their jointly owned oilfields in Alaska, a move that

ADNOC has ceased discussions regarding the acquisition of a majority stake in the Brazilian petrochemical company Braskem.  

Shell plans to divest from its downstream operations in South Africa and is in talks to sell its Malaysian gas

Chinese oil company Sinopec is in talks with Pembina Pipeline for an LNG offtake agreement and an equity stake in the Cedar

Glencore and Indonesia’s PT Chandra Asri in advance talks to acquire Shell’s assets in Singapore, reported Bloomberg News.

Occidental is exploring a sale of its assets in the Permian basin’s Barilla Draw region, which could garner over $1bn,

Azule Energy has announced a farm-in agreement with Rhino Resources Namibia for a significant stake in an offshore oil block.  

Gunvor has entered into a non-binding agreement to procure liquefied natural gas (LNG) from LNEnergy’s proposed facility in Italy.  

The US Federal Trade Commission (FTC) has given conditional approval to ExxonMobil’s nearly $60bn acquisition of Pioneer Natural Resources.  

Pacific Energy is in negotiations with Tellurian and NextDecade for LNG cargoes from their proposed export terminals along the US