Asset/portfolio management
The transaction is expected to strengthen the company's position in Alberta’s oil sands and unlock annual synergies of $54 million.
US buyers are looking for extra shale inventory and added another $18 billion in purchases in October alone.
The UAE project is expected to produce up to 345 MMscf/D by 2029, with expansion potential to 1 Bcf/D.
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Magellan will be merged into a newly created 100% wholly owned subsidiary of ONEOK, which anticipates an 'increased presence in sustainable fuel and hydrogen corridors.'
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The $540 million joint acquisition is expected to close in June.
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Eagle Ford sees ‘surprising resurgence’ as buyers look to secure the play’s mature assets.
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The independent sells out of south Texas shale, while expanding its Permian presence in separate deals.
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It takes only 3 days for an LNG carrier or oil tanker to reach India from East Africa where Tanzania is destined to become an LNG exporter together with its neighbor Mozambique and a transit point for Ugandan oil exports.
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The French supermajor calls deal "more straightforward" than spin-off of business.
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The vessel has been under bareboat charter with the company since its delivery in June 2020.
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Already a partner in the Cameron LNG export facility in southwest Louisiana, Mitsui now expands its US gas and LNG exports with an investment in upstream unconventional assets.
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Regulator hits the brakes on any Jeanne d’Arc Basin acreage offerings for 2023.
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The Kremlin’s agreement to settle payment enables the equity transfer to be finalized.