Aethon Energy will acquire Tellurian s upstream assets for $260 million and purchase two million tons per annum (mtpa) of liquefied natural gas (LNG) from its Driftwood LNG plant, the companies said on Wednesday.
HOUSTON (Reuters) -Top U.S. independent oil and gas producer ConocoPhillips on Wednesday agreed to buy Marathon Oil for $22.5 billion, the latest in a series of mega-deals in the energy industry. The U.S. oil and gas industry has been riding a consolidation wave over the last two years as companies look to bolster reserves and create economies of scale. The momentum has carried over into this year as the stock market continues to boom and as U.S. shale oil production scales new records.
Atlantica Sustainable Infrastructure
said on Tuesday it will be acquired by a firm controlled
by Energy Capital Partners in a $2.56 billion all-cash
transaction.
(Reporting by Tanay Dhumal in.
Abu Dhabi National Oil Company on Monday said it has acquired an 11.7% stake in phase 1
of NextDecade s Rio Grande LNG export facility and
entered into LNG supply agreement. Saudi.
Shares of cannabis companies rose on
Thursday afternoon after the U.S. Department of Justice unveiled
a proposal to ease restrictions on marijuana, a rule if enacted
would also enable more research on.