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Kazakh Wealth Fund to Sell 10% in State Oil Firm KMG to Central Bank
Wednesday, July 29, 2015 Kazakhstan's sovereign wealth fund will see 10 percent of its shares in state oil firm KazMunaiGas to the country's central bank.
Trapoil Merges with Jersey Oil and Gas
Tuesday, July 28, 2015 Junior energy firms Trapoil and Jersey Oil and Gas agree to merge.
Dayang Increases Stake in Malaysia's Perdana Petroleum to 51.21%
Tuesday, July 28, 2015 Dayang Enterprise's proposed takeover of Malaysia's Perdana Petroleum becomes unconditional after gaining more than 50 percent ownership of the latter.
Cairn India Says Tie-up with Parent Vedanta is on Track
Tuesday, July 21, 2015 Cairn India's CEO says the firm's proposed merger with parent Vedanta is "on track".
Elliott Advisors Says ENOC's Offer Undervalues Dragon Oil
Friday, July 17, 2015 Elliott Advisors is the latest investor in Dragon Oil to say majority shareholder Emirates National Oil Co's takeover offer undervalues the oil producer.
Mitsubishi, NYK Buy 45% Stake in FPSO Turritella Project from SBM for $590M
Thursday, July 16, 2015 SBM Offshore divests 45 percent stake in FPSO Turritella project to two Japanese companies for $590 million.
Tethys Rejects Nostrum Bid Approach
Tuesday, July 14, 2015 The board of Tethys Petroleum rejects a $57 million bid for the business from Nostrum Oil & Gas.
WPX Expands Into Permian With $2.75 Billion RKI Deal
Tuesday, July 14, 2015 WPX Energy Inc., the oil and gas explorer spun off from Williams Cos., agrees to buy closely held RKI Exploration & Production LLC for $2.35 billion.
Marathon Petroleum's MLP to Acquire MarkWest Energy for $15.63B
Monday, July 13, 2015 Marathon Petroleum buys MarkWest Energy Partners for its natural gas processing facilities.
Petrobras In Uncharted Territory With $58 Billion Sale: Real M&A
Friday, July 10, 2015 Petrobras' $58 billion asset sale proposal is unprecedented for the oil industry, and for good reason. It may be impossible to pull off.
Thai Energy Firm PTT Expands into Fast Food to Boost Non-Oil Revenue
Friday, July 10, 2015 Thailand's PTT signs a franchise deal with US-based fast food chain Texas Chicken as it tries to boost revenue from non-oil businesses amid weak crude oil prices.
Russia's Rosneft Signs Deal to Buy into India's Essar Oil
Thursday, July 09, 2015 Russia's top oil producer, Rosneft, takes a significant step towards expanding its global reach by signing a deal to acquire up to 49 percent of India's Essar Oil.
MOL Group Acquires Ithaca Petroleum Norge
Thursday, July 09, 2015 MOL Group successfully completes a deal to acquire 100% ownership of Ithaca Petroleum Norge from Ithaca Petroleum Ltd, for a price that could reach up to $90 million.
Brazil Clears Shell's $70B Purchase Of BG
Wednesday, July 08, 2015 Brazil gives the green light to Shell to buy smaller rival BG, advancing the $70 billion merger closer to completion in early 2016.
Azonto Petroleum to Sell 35% Vioco Petroleum Stake
Wednesday, July 08, 2015 Azonto Petroleum plans to sell its 35% stake in Vioco Petroleum Limited to Vitol E&P Limited.
Petrobras May Sell Braskem Stake, Build Tax Provisions, Valor Says
Monday, July 06, 2015 Petroleo Brasileiro could sell a stake in resin producer Braskem in order to build provision against tax debts nearing $12.7 billion.
Indonesia's Pertamina May Acquire 60% of Engineering Firm Rekind
Thursday, July 02, 2015 Indonesian state energy firm Pertamina is considering acquiring a 60 percent stake in engineering contractor Rekayasa Industri (Rekind), among efforts to improve its engineering resources.
AGR Energy Takes Controlling Stake in Tethys Petroleum
Wednesday, July 01, 2015 Central Asia-focused Tethys Petroleum raises a much-needed $48 million via a share placing with Kazakhstan's AGR Energy.
ENOC Presses Ahead with Dragon Oil Takeover amid Shareholder Protest
Wednesday, July 01, 2015 Emirates National Oil Company progresses with its purchase of Dragon Oil shares it does not already own, despite a major investors saying the takeover undervalues the company.
Liannex Offers $60.4M for Malaysian FPSO Firm Yinson's Non-Oil, Gas Units
Tuesday, June 30, 2015 Liannex Labuan offers to acquire the non-oil and gas business of Malaysia's floating production, storage and offloading firm Yinson Holdings for $60.4 million.
Eni, KazMunayGas Enter Deal to Explore Isatay Block in Caspian Sea
Monday, June 29, 2015 Eni and KazMunayGas enter into an agreement to jointly explore the Isatay block in the north Caspian Sea, Kazakhstan.
Sefton Partners UTAS to Acquire Producing Oil, Gas Assets in Indonesia
Friday, June 26, 2015 Sefton Resources signs development agreement with UTAS Petroleum Services to acquire producing upstream oil and gas assets in Indonesia.
Mexico's Alfa Says Offer for Pacific Rubiales is 'Fair and Final'
Friday, June 26, 2015 Alfa says the offer it and Harbour Energy have made to buy oil company Pacific Rubiales is "full, fair and final".
Tanjung Offshore Mulls Brownfield Development Ventures in Malaysia, SE Asia
Friday, June 26, 2015 Tanjung Offshore considers venturing into brownfield development in Malaysia and Southeast Asia.
Australia's Wesfarmers Acquires 13.7% Stake in Quadrant Energy for $100M
Thursday, June 25, 2015 Australia's Wesfarmers takes a 13.7 percent stake in Quadrant Energy, which acquired Apache's petroleum assets in Western Australia for $2.1 billion earlier this year.
Statoil Streamlines Operating Model, Seeks Cost Efficiency
Thursday, June 25, 2015 Statoil announces that it will streamline its operating model in order to become more cost efficient and fit for the future.
Tap Oil Updates on Spat with Northern Gulf Firms in Thailand's Manora Field
Thursday, June 25, 2015 Tap Oil updates on commercial disputes with partner Northern Gulf companies in Block G1/48 concession in the Gulf of Thailand.
Russia's Lukoil Says Saudi Aramco Wants to Raise Stake in Luksar
Wednesday, June 24, 2015 Saudi Aramco wants to raise its share in Luksar, a joint venture with Russia's Lukoil, to 50%, according to the chief executive of the Russian company.
PetroVietnam, Gazprom Seal Agreement to Develop 2 Fields in Russia
Tuesday, June 23, 2015 PetroVietnam and Gazprom seal agreement for their joint venture company Gazpromviet to explore and develop two oil and gas fields in Russia.
PetroNeft: Significant Production Growth Expected in 2015
Tuesday, June 23, 2015 PetroNeft announces in its annual results statement for 2014 that it expects a significant boost in production this year.
Siberian Oil Deal Sees BP Bet on Russia's Pivot Toward China
Monday, June 22, 2015 BP's $750 million purchase of a Siberian oilfield stake is as much a bet on China as it is on Russia.
Carlyle Backs Former Cairn Energy Execs' Indian Venture
Monday, June 22, 2015 Carlyle Group will invest up to $500 million in Magna Energy Ltd, a new India-focused upstream oil and gas company co-founded by two former Cairn Energy executives.
Seplat Chairman: Nigeria's Buhari Should Sell Stakes In Oil, Gas JVs
Monday, June 22, 2015 Nigeria's new government should sell its stakes in joint ventures in the country's energy industry, the chairman of Seplat Petroleum says.
TGS Cooperates With Dolphin for Monuments 3D Survey Offshore Australia
Monday, June 22, 2015 TGS will provide data processing services in the Monuments 3D survey, which is being acquired by Dolphin Geophysical in the North Carnarvon Basin offshore Australia.
Rosneft Agrees to Sell 20% of Taas Subsidiary to BP
Friday, June 19, 2015 Rosneft signs a final binding agreement to sell a 20 percent share of its subsidiary company Taas-Yuryakh Neftegazodobycha (Taas) to BP.
Wintershall Says in Talks to Join Nord Stream Expansion Plan
Friday, June 19, 2015 Wintershall is in talks about joining an expansion plan for Gazprom's Baltic Sea gas pipeline called Nord Stream.
ONGC Videsh Seeks 20-Fold Increase in Spending Allowance for M&A
Thursday, June 18, 2015 ONGC Videsh, the overseas unit of India's biggest oil and gas explorer, is seeking a 20-fold increase in the amount it's allowed to spend on acquisitions without state approval.
PetroVietnam Completes Acquisition of Chevron's Assets in Vietnam
Thursday, June 18, 2015 PetroVietnam completes acquisition of Chevron's assets in Vietnam, giving it ownership of two offshore gas blocks and a stake in a pipeline firm.
Talks Surface on Rosneft Taking 49% Stake in India's Essar Oil
Wednesday, June 17, 2015 Rosneft is reportedly negotiating to acquire a 49 percent stake in India's Essar Oil.
MEO Australia, Brooke Dockyard to Cooperate on E&P Projects in Malaysia
Wednesday, June 17, 2015 MEO Australia and Brooke Dockyard form a consortium to cooperate in oil and gas exploration and development in Malaysia, including Sarawak.
Petroceltic International Sells Romanian Interests
Tuesday, June 16, 2015 Junior energy firm Petroceltic International has sold the entire share capital of Petroceltic Romania to GVC Investment, leaving the company with no remaining interests in Romania.
Shell-BG $70B Deal Crosses Key Milestone With US Clearance
Tuesday, June 16, 2015 US regulators have given the green light for Shell's proposed $70 billion acquisition of British rival BG Group, the first clearance for the biggest deal in the energy sector in over a decade.
Dragon Oil Agrees to ENOC's Increased 750 Pence per Offer
Monday, June 15, 2015 Dragon Oil agrees to an increased takeover offer by Emirates National Oil Company.
Billionaire Agarwal Combines Units Amid Resource Downturn
Monday, June 15, 2015 Billionaire Anil Agarwal’s Vedanta Ltd. will absorb unit Cairn India, combining India’s biggest producer of aluminum and copper with the operator of its largest onshore oil block.
New Data Shows Large Paleocene System Offshore Ireland
Monday, June 15, 2015 New seismic data indicates the presence of a significant Paleocene deepwater channelized system in the northern Porcupine Basin, offshore western Ireland, Providence Resources reports.
Mosman Oil and Gas Fails in Bid to Acquire MEO Australia
Monday, June 15, 2015 Mosman Oil and Gas fails in bid to acquire MEO Australia.
Loyz Energy to Acquire China-Focused Primeline Energy for $145.7M
Wednesday, June 10, 2015 Singapore's Loyz Energy to acquire China-focused Primeline Energy for $145.7 million.
Kairiki Energy to Dispose Stake in Yilgarn Petroleum Philippines to IMC
Tuesday, June 09, 2015 Kairiki Energy enters into a deal to dispose of its entire stake in Yilgarn Petroleum Philippines - which has interests in Service Contracts 54A and 54B offshore the Philippines - to IMC Oil & Gas Investments.
Apache Completes Sale of Australian Subsidiary to Macquarie, Brookfield
Monday, June 08, 2015 Apache completes sale of its Australian subsidiary to private equity funds managed by Macquarie and Brookfield.
Northcote Partners CEB for Oil and Gas Opportunities in Indonesia
Monday, June 08, 2015 Northcote Energy partners CEB Resources for oil and gas opportunities in Indonesia.
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