M&A
PTTEP savours Mozambique Cove takeover victory
26 July 2012
Cove takeover will see Thai firm gain foothold in prolific gas play
CNOOC seeks to expand influence with Nexen takeover
25 July 2012
China National Offshore Oil Corporation aims to expand its global influence with the $15.1 billion takeover
Petronas to buy Canada’s Progress Energy for $5.5bn
29 June 2012
The company has agreed to buy the Calgary-based company, including the assumption of debt
Russian-crude seller Gunvor makes another purchase move
14 June 2012
Gunvor is to buy Germany’s Ingolstadt refinery, in the latest move by companies with access to Russian crude into Europe’s largest refined products market
ConocoPhillips splits and the experiment begins
25 May 2012
The demerger of the upstream and downstream businesses of ConocoPhillips is intended to be a win-win situation for both sides, but will it really all work out for the best?
Why resource nationalism makes sense for Kirchner and YPF
24 May 2012
Though there are mixed opinions on the nationalisation, there is some sense in the decision
Upstream will be key to Repsol's plot for post-YPF future
24 May 2012
Risks lie ahead for Repsol's post-YPF future, but it is set to emerge strong
Airline Delta to buy US Trainer refinery in Pennsylvania
15 May 2012
The airline plans to restart the shut down plant in early September
Pressure piles on North American gas producers
12 April 2012
North American natural gas producers may face a summer of mergers, takeovers and asset sales as futures prices continue to plumb decade lows, potentially forcing a major realignment of the continent’s gas sector
Kinder Morgan's takeover of El Paso under scrutiny
19 January 2012
One of Kinder Morgan’s corporate mottos is "keep it simple". Yet its planned take-over of El Paso is proving anything but. NJ Watson reports
BHP agrees $12.1 bn for US shale gas firm Petrohawk
15 July 2011
BHP Billiton has agreed to buy US shale-gas producer Petrohawk Energy for $12.1 billion, with the Anglo-Australian mining group taking a second big step into the unconventional energy sector
Strings attached in Cairn/Vedanta deal
5 July 2011
Vedanta Resources is inching closer to its proposed take-over of Cairn India, after the Indian government cleared the long-delayed deal
Gas powers global upstream M&A
25 May 2011
Indian megadeals and North American Shales lead M&A activity
China's upstream M&A activity on a roll
27 January 2011
Chinese NOCs will continue their hunt for upstream assets this year. Miles Lang reviews where they've been so far
KNOC's Dana take-over is a sign of things to come
28 October 2010
KOREA National Oil Corporation's (KNOC) hostile take over of UK independent Dana Petroleum succeeded in late September
CNOOC, Statoil snap up Eagle Ford assets
28 October 2010
STATOIL and CNOOC are buying into Texas' Eagle Ford Shale in deals with a combined value of $3.5bn, proving shale-gas acreage is still hot property
Ecopetrol continues acquisition binge, as Colombian oil rebirth rolls on
30 September 2010
Ecopetrol is experiencing a renaissance as it grabs the revival of Colombia's oil sector with both hands
Shopping in the shale
30 September 2010
The US unconventional oil and gas sector remains a hotbed of M&A activity. Anne Feltus pinpoints the next targets
Utility deals experience a power surge
30 September 2010
CONSOLIDATION of the US power sector has accelerated at lightning speed
BP to sell Colombian business
1 September 2010
AS PART of its $30bn asset-disposal programme, BP agreed to sell 100% of the shares in its Colombian business last month
North American unconventionals dominate upstream M&A
1 September 2010
GLOBAL upstream mergers and acquisitions (M&A) activity in second-quarter (Q2) was up by 21% compared with Q1, and 13% higher than in Q2 2009, lead by North American deals
Total moves again for UTS's Fort Hills oil-sands stake
29 July 2010
French major Total looks to have succeeded in its attempt to buy UTS Energy, 18 months after its first effort
Gulf spill will force industry consolidation
1 July 2010
Expect a wave of M&A in the US Gulf of Mexico next year, as independents find that new costs and liabilities make deep-water exploration in the region too risky, writes Simon Crompton
Deals boost KMG EP's Kazakhstani output, as it looks overseas and offshore
1 July 2010
Acquisitions are boosting KazMunaiGaz Exploration Production's onshore output, but the company won't stop there: offshore and overseas assets are next, says CEO Kenzhebek Ibrashev. Miles Lang reports
Apache deals drive production growth
2 June 2010
Acquisitions of Mariner Energy and Devon Energy's US Gulf of Mexico upstream assets significantly enhance Apache's production-growth prospects, writes NJ Watson
M&A activity bolstered by Asian NOCs
2 June 2010
A revival of oil and gas M&A activity is being driven by Asia's NOCs and the pursuit of unconventional-energy assets, writes Ian Lewis