UK regulator launches probe into National Grid’s $11bn acquisition of WPD
The regulator has served an initial enforcement order to avert the integration of the two companies
Occidental to sell Permian Basin acreage to Colgate for $508m
11 Jun 21The acreage is located adjacent to Colgate’s existing position in Reeves and Ward Counties
Eurazeo, Infravia reportedly launching sale of French solar firm Reden
11 Jun 21An auction will be reportedly launched, valuing the solar power developer at up to €2bn
Equinor to divest Danish refining business to Klesch Group
11 Jun 21The deal includes the 107,000bbl/d Kalundborg oil refinery in Zealand
Magellan Midstream announces sale of independent terminals
11 Jun 21The sale is expected to close upon the receipt of required regulatory approvals
Rosneft agrees heads of terms to sell a stake in the Vostok Oil Project to a consortium of Vitol and Mercantile & Maritime
11 Jun 21The agreement confirms the Consortium's intention to acquire a stake in the Vostok Oil Project and sets out…
Prolec GE to acquire SPX Transformer Solutions for $645m
10 Jun 21The transaction is expected to boost Prolec GE’s position in the power transformer market in the Americas
Ørsted wraps up acquisition of Brookfield Renewable Ireland
10 Jun 21BRI has a portfolio of 389MW in operation and under construction and 149MW in advanced development in Ireland…
KKR-backed Independence to merge with Contango in $5.7bn deal
09 Jun 21The merger will create a major consolidator in the US oil and gas industry with an equity market…
Pembina, Haisla Nation partner to develop $2.4bn Cedar LNG project in Canada
09 Jun 21Pembina is planning to invest nearly $90m into Cedar LNG over coming 24 months