Post Tagged with: "Deal"

Source: CatholicVoices.org

Mexico Expects to Save $4.5 Billion After Pushing Firms to Rework Pipeline Contracts

From Reuters


Mexico’s government said on Tuesday it had persuaded companies to waive “significant” profits from natural gas pipeline deals signed under the previous administration after renegotiating the contracts to save taxpayers $4.5 billion.

The deal announced by President Andres …

Source: CatholicVoices.org

Mexican President Pushes Hopes for Pipeline Deal into Next Week

From Reuters


Mexican President Andres Manuel Lopez Obrador said on Thursday a deal could be reached next week with companies to end a contractual dispute over several natural gas pipelines, dialing back hopes for a quicker resolution.

“It’s going well, …

Oxy Earnings Dip 25%; Anadarko Megadeal Likely to Close Aug. 8

Oxy Earnings Dip 25%; Anadarko Megadeal Likely to Close Aug. 8

From The Houston Chronicle


Occidental Petroleum reported a $635 million quarterly profit that dipped 25 percent from the year prior, but the focus still remains on Oxy’s $38 billion acquisition of Anadarko Petroleum that could close in August.

Houston-based Oxy …

Enbridge Sells U.S. Midstream for $1.1 Billion

Enbridge Sells U.S. Midstream for $1.1 Billion

Enbridge Inc. (ticker: ENB) said its indirect subsidiary, Enbridge (U.S.) Inc., has entered into an agreement to sell Midcoast Operating, L.P. and its subsidiaries to AL Midcoast Holdings, LLC (an affiliate of ArcLight Capital Partners, LLC) for a cash purchase …

SM Energy Expects to Produce up to 44.9 Million BOE in 2018

SM Energy Expects to Produce up to 44.9 Million BOE in 2018

100% year-over-year growth in Midland Basin production; realized price is SM’s highest level in 14 quarters: $37.76/BOE average

Midland Basin operations up to nine rigs and five completions crews; SM expects to double completions in Q2

The Midland Basin produced …

Former OXY Heavyweights Steve Chazen and Chris Stavros Join Forces in $2.7-Billion SPAC Deal

Former OXY Heavyweights Steve Chazen and Chris Stavros Join Forces in $2.7-Billion SPAC Deal

TPG Pace Energy acquires EnerVest’s South Texas Division in $2.66 billion handshake; forms new public company – Eagle Ford, Austin Chalk pure-play – Magnolia Oil & Gas Corp.

TPG Pace Energy Holdings Corp. (ticker: TPGE), an energy-focused special purpose acquisition …

Johan Sverdrup

Source: Total

Totally Bought: Maersk Oil/Total Deal Closed – Makes Total 2nd Largest North Sea Operator

Total S.A. (ticker: TOT) closed the acquisition signed on August 21, 2017, adding around one billion BOE 2P reserves, mainly in OECD countries. The acquisition also increases Total’s production by 160 MBOEPD in 2018, and the company expects to ramp …

Egypt Buys $14 Billion of NatGas from Noble Energy, Delek

Egypt Buys $14 Billion of NatGas from Noble Energy, Delek

Noble Energy, Inc. (ticker: NBL) has signed agreements to sell significant quantities of natural gas from the Leviathan and Tamar fields to Dolphinus Holdings Limited to supply gas in Egypt.

These agreements, one for natural gas from Leviathan and one …

Alta Mesa Resources, Silver Run, Kingfisher Deal is in the Books

Alta Mesa Resources, Silver Run, Kingfisher Deal is in the Books

Stock will trade on Nasdaq: AMR, starting Feb. 12

Silver Run Acquisition Corporation II (ticker: SRUN) completed its business combination with Alta Mesa Holdings, LP and Kingfisher Midstream, LLC.

Alta Mesa is an independent exploration and production company focused on …

Cheniere Signs Another 15-Year LNG Contract

Cheniere Signs Another 15-Year LNG Contract

Cheniere Energy, Inc. (ticker: LNG) and its subsidiary Cheniere Marketing, LLC have entered into a LNG sale and purchase agreement (SPA) with Trafigura Pte Ltd., a Geneva-based independent trader of oil and petroleum products. Trafigura’s LNG team is based in …

January 16, 2018 - 2:21 pm Closing Bell Story‎, LNG, Oil and Gas 360 Articles
Canadian Govt. Signs Decade-Long NatGas Contract

Canadian Govt. Signs Decade-Long NatGas Contract

The Government of Canada has named Direct Energy Business as their new natural gas provider for Correctional Services Canada, the Department of National Defence and Public Services, and Procurement Canada.

Direct Energy Business will provide natural gas management and related …

December 11, 2017 - 4:56 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles