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By Yawen Chen LONDON, May 7 (Reuters Breakingviews) – Shell is reaping the benefits of high fossil fuel prices. The $240 billion oil and gas major on Thursday reported first-quarter adjusted earnings of $7 billion, up nearly 25% year on year, as oil prices surged past $100 a barrel. Yet when it comes to shareholder …
(Reuters) – Investment firms Warburg Pincus and Kayne Anderson are exploring a potential sale of WildFire Energy, with any deal expected to value the U.S. shale operator at more than $4 billion including debt, people familiar with the matter said. The move comes at a time when crude prices have surged, with U.S. benchmark oil …
Owners of WildFire Energy Explore $4 Billion-Plus Sale of US Shale Operator, Sources Say Read More »
(Reuters) – Ares Management said it has acquired a stake in the Rover natural gas pipeline from a unit of fellow investment firm Blackstone for an undisclosed sum, as interest in U.S. energy infrastructure assets grows. In a statement sent to Reuters, Ares said funds led by its Infrastructure Opportunities strategy would buy 32.4% of …
Ares to Acquire Rover Natgas Pipeline Stake from Blackstone Read More »
The plan for Shell to purchase ARC for US$13.6 billion is the biggest deal in the Canadian oilpatch in over a decade By Robert Tuttle and Mitchell Ferman Shell PLC.’s acquisition of Canada’s ARC Resources Ltd. marks a vote of confidence in Prime Minister Mark Carney’s push to expand the nation’s hydrocarbon exports beyond the …
Shell’s ARC Deal Seen as Win for Mark Carney’s Pro-Oil Pivot Read More »
By Shivansh Tiwary and David Shepardson American declined to engage with United approach United CEO said deal would have been good for US jobs, economy Trump said he did not support a merger WASHINGTON, April 27 (Reuters) – United Airlines (UAL.O) said on Monday it had ended its pursuit of a merger with American Airlines …
United Ends Pursuit of American Airlines After Merger Approach Rebuffed Read More »
Summary Shell says it will take on $2.8 billion in net debt Analysts said Shell needed exploration success or a deal ARC acquisition to boost Shell’s output by 370,000 boed LONDON, April 27 (Reuters) – Shell has agreed to buy Canadian energy company ARC Resources in a $16.4 billion deal which the British oil and gas major …
Shell to Acquire Canada’s ARC Resources in Output-Boosting $16.4 Billion Deal Read More »
By Erwin Seba HOUSTON, April 24 (Reuters) – Amber Energy CEO Greg Goff promised $11 billion in investments in Citgo Petroleum if the U.S. Treasury Department’s Office of Foreign Assets Control releases the refiner owned by Venezuela to Amber as a Delaware judge approved in November. Goff’s appeal for release of control to Amber came …
Amber Energy Says it Will Invest $11 Billion in Citgo if Sale is Finalized Read More »
Unique opportunity to acquire a leading waste management provider in Western Canada Immediately accretive, increasing Adjusted Free Cash Flow(1) per share by 12% to 15% Highly attractive financial profile, increasing Adjusted EBITDA margin(1) to 31.6% and Adjusted Free Cash Flow(1) conversion to between 40.5% and 42.5% on a pro forma basis Net Leverage(1) neutral acquisition providing GFL with enhanced …
By Veena Ali-Khan and David Carnevali Buyout firm Energy Capital Partners has agreed to re-acquire nuclear services firm EnergySolutions from TriArtisan Capital Advisors LLC, according to a statement provided to Bloomberg News. EnergySolutions will be valued at about $2 billion in the transaction, according to a person familiar with the matter who asked not to …
Buyout Firm ECP to Re-Acquire Nuclear Services Firm EnergySolutions Read More »
Investment firms, including KKR & Co. and Energy Impact Partners, are scouting for possible acquisitions. By Coco Liu and Brian Kahn qw(g}0ld37k}ipd0dgh0fd5m_media_dl_1.png BloombergNEF Clean-energy dealmaking is showing signs of a comeback in the United States after last year’s sharp contraction. One of the first notable transactions that may occur is BlackRock Inc.’s Global Infrastructure Partners …
Private Equity Targets Clean Energy After Steep Drop-Off in 2025 Read More »
