M&A
The puzzling Glencore-Qatari-Rosneft deal
19 January 2017
The sale of a stake in Russia's largest oil producer might not be as significant as many thought
Slumptastic
4 December 2016
Weak and volatile prices dulled M&A activity in 2016, with a few exceptions
Bring on the deals
25 November 2016
Conditions are right for a surge in M&A activity in 2017, despite lingering uncertainty over valuations
Baker Hughes shareholders do maths over GE deal
15 November 2016
General Electric's plan to merge its oil and gas division with Baker Hughes should be a boon for the oilfield services company amid testing times for the sector. But Baker Hughes shareholders may need some convincing
Loosening the purse strings in the Permian
7 November 2016
The Permian and pipelines are hotspots as transactions picks up
Russian farce
5 September 2016
Russia’s planned privatisation of Bashneft is off, for now, after Rosneft made a mockery of the process
Why hasn’t the price crash brought a wave of corporate deals?
15 March 2016
The M&A activity that does occur will predominantly involve assets rather than full takeovers – a continuation of the clear trend seen last year, when asset transactions made up 80% of upstream deals
Suncor doubles down with Canadian Oil Sands takeover
21 January 2016
The company’s $4.5bn deal for Canadian Oil Sands makes it the undisputed champion of the oil sands. It’s a big bet on a recovery in prices
Questions surround oilfield services M&A activity
19 January 2016
Difficult trading conditions bring uncertainty to M&A activity in a tense oilfield services sector
UK Premier sells Norwegian business for $120m
16 November 2015
Premier has quit Norway, selling assets to Det norske oljeselskap in a cash deal worth $120m
Marathon Oil sells Gulf of Mexico fields in $205m deal
11 November 2015
An anonymous buyer secured most of Marathon Oil's GoM fields in a major restructuring by the US company
Scepter makes $5bn swoop on Santos
23 October 2015
Australia’s Santos has rebuffed a A$7.14bn ($5.15bn) takeover bid from Middle Eastern private equity group Scepter
ExxonMobil: Go big or go home
19 October 2015
Takeover opportunities abound for ExxonMobil if it chooses to pull the trigger
ExxonMobil will only consider M&A if it adds value says CEO
8 October 2015
The market for upstream acquisitions is good with low asset values but chief executive Rex Tillerson said the company's criteria was unchanged
Energy Transfer wins $37bn Williams deal
29 September 2015
The takeover will create a midstream powerhouse with a vast network of pipeline and processing facilities across the US
Balfour Beatty bids $93m for UK Alkane
21 September 2015
A subsidiary of Balfour Beatty, Barbican Bidco, has made a £61.37mn ($93m) bid for AIM-listed UK gas and power producer Alkane
Woodside targets Oil Search in $8bn takeover bid
10 September 2015
Australia’s Woodside Energy is making an opportunistic A$11.6bn ($8.1 bn) takeover offer for Papua New Guinea (PNG)-focused Oil Search
Total sells UK midstream assets
27 August 2015
After the sudden drop in oil prices last year, Total is cutting costs to raise funds
Schlumberger pays $14.8bn for Cameron
26 August 2015
The oilfield service companies will merge as the transaction is completed in the first quarter of 2016
The market is good for merging but activity is quiet
20 August 2015
As Brent hits a six-year low, assets should be correspondingly attractive. However, apart from defensive mergers and portfolio rationalisations, M&A activity is quiet
Shell sells 30% stake in Showa Shell Sekiyu
18 August 2015
The move is part of a strategy to concentrate Shell's downstream activity to a smaller number of assets
ConocoPhillips puts Indonesian assets up for sale
14 August 2015
Only months after promising to increase investment in the country, ConocoPhillips is seeking a buyer for its assets
Pertamina to take control of Mahakam once contract expires
24 June 2015
Total and Inpex currently have a production sharing contract which will expire in 2017
QIA bullish on Shell-BG proposal
24 June 2015
Qatar's state investment vehicle QIA has hedged its bets with the Shell-BG proposed takeover
Shell's BG move is big on Asian gas
16 April 2015
The takeover signals an expectation that natural gas in the Asian market will grow
Shell buys BG to challenge ExxonMobil
15 April 2015
Shell has offered to acquire BG, to create a company with oil and gas production second only to that of ExxonMobil