Data analytics provider Verisk Analytics Inc. completed its acquisition of industry research firm Wood Mackenzie Ltd. The purchase price was 1.85 billion British pounds, about US$2.8 billion.
Anthony C. Schnur, CEO of Lucas, said the company is reexamining transactions abandoned after oil prices fell, or abandoned after the Feb. 4 announcement of the merger with Victory.
Services companies have taken the hardest hit in industry from the oil price drop, Bloomberg said. Companies with weaker balance sheets might need to consider mergers to survive.
With offices in Hong Kong, Singapore and New York, the acquisition of APC will expand Argan’s operations internationally.
Calgary, Alberta-based Talisman’s common shares will delist from the Toronto Stock Exchange and the New York Stock Exchange. All preferred shares will delist from the Toronto Stock Exchange.
LNG exports are an important future market for organizations’ members’ production, said Dena E. Wiggins, president and CEO of Natural Gas Supply Association. Both organizations are based in Washington, D.C.
Shell CEO Ben Van Beurden is in China discussing how Shell and BG Group merger won’t negatively affect China. But Shell/BG will have clout in global LNG market, Bloomberg said.
Talisman Energy Inc. (NYSE: TLM) said April 30 that Spain’s Repsol SA’s $13 billion purchase of the Calgary company is set to close on May 8.
Energy Transfer Partners LP (ETP) and Regency Energy Partners LP announced the completion of their previously announced merger of an indirect subsidiary of ETP.
An agreement and merger plan under which Regency Energy Partners becomes wholly owned subsidiary of Energy Transfer Partners was approved. The agreement and merger plan is from Jan. 25.
Combined, maintenance, repair and overhaul company Houma Armature Works and industrial technology company Ward Leonard will provide the industry with purpose-built motor and generator service solutions.
A merger of the two Chinese oil explorers goes against China’s own policy of allowing markets to play greater role in the allocation of resources, a Bloomberg Intelligence analyst said.
|Mid||USD 13800||Members only||Williams Partners LP|
|E&P||USD 75.2||Members only||Undisclosed|
|E&P||USD 0||Members only||Undisclosed|
|E&P||USD 17||Members only||Undisclosed|