Acquisitions & Divestitures
Investment , Acquisitions & Divestitures
BMO to Exit US Oil and Gas Investment Banking Business
BMO will wind down its investment and corporate energy banking units outside Canada to focus on the oil and gas business at home, where it sees better opportunities, a spokesman said in a statement.
Unconventional , Acquisitions & Divestitures
Brazil’s Petrobras Aims to Step Up Oil Exports and Asset Sales
Brazil’s Petrobras on Nov. 30 projected a surge in oil exports and divestments over the next five years as it steps up plans to target overseas demand and cut debt.
People , Acquisitions & Divestitures
Forty Under 40: Dane Karras, Noble Royalties Inc.
Today’s featured Forty Under 40 honoree is Dane Karras, senior vice president of operations and corporate development at Noble Royalties where he focuses on deploying the remaining capital for the company joint venture with Apollo.
Public Capital , Company Profiles , Shale Plays , Acquisitions & Divestitures , Trends
EQT CEO Toby Rice Promotes Massive M&A in Appalachia
A year into remodeling EQT into an efficiency powerhouse, Toby Rice hangs out a “we buy Marcellus” placard with consolidation the goal.
Business , Acquisitions & Divestitures , Mergers
S&P Global to Buy IHS Markit in All-stock Deal Valued at $44 Billion
The landmark deal, which values IHS Markit at an enterprise value of $44 billion including $4.8 billion of net debt, combines two of the world’s largest provides of data.
Acquisitions & Divestitures
Exxon Mobil Scraps Potential Multibillion-dollar Asset Sale in Australia
The decision by U.S. oil major Exxon Mobil comes just six weeks after the deadline for indicative bids for the portfolio set by adviser JPMorgan.
Business , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Trends , Mergers
Oil and Gas Investor A&D Trends: Welcome to 2020
In one frame, bankruptcies continued to unravel debt-laden E&Ps. Opposite that, massive megadeals fused together oil and gas companies into Permian Basin behemoths.
Technology , Acquisitions & Divestitures
Petrosmith Acquires Wellflex Energy Solutions
Petrosmith, a leading provider of production equipment and oilfield tubular goods, has acquired the assets of Wellflex Energy Solutions LLC, a leading engineering, procurement and construction management company, on Nov. 23.
Business , Exploration & Production , Acquisitions & Divestitures , Trends
Oil and Gas Investor A&D Roundtable: A Pinprick of Light at Tunnel’s End
2020 has been a dark year for A&D, but a variety of factors point toward bright spots in the foreseeable future. Leaders from Detring Energy Advisors, EnergyNet and UBS Investment Bank share their thoughts on why.
Renewables , Acquisitions & Divestitures
Italy’s Snam to Boost Green Hydrogen with 33% Stake in De Nora
Deal worth $1.4 billion will strengthen Snam’s ambitions to lead in green energy.