Upstream M&A deals reach $54 billion in the US alone in 2024 ENB’s Rueben Hale reports how the global upstream energy sector is boasting M&A deals amounting to $150 billion, with North America claiming a lion’s share of the pie with $54bn in deals on the table. ExxonMobil #shale #mergers #oil #gas
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A number of mergers and acquisitions concluded or under consideration are shaking up Brazil’s energy sector. In the oil and gas area, there have been fewer operations due to the stalling of Petrobras’ divestment program. But this has made room for a new consolidation wave. Meanwhile, the state-run firm is expected to play a significant part in electric power M&As, as it plans to increase its renewable energy portfolio. #energy #oil #gas #power #electricpower #mergers #acquisitions https://lnkd.in/d8vc6AGr
BNamericas - Brazil energy M&As: The shakers and stirrers
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With the recent surge in oil and gas M&A, the shift in U.S. regulatory leadership, and the looming question of climate risk, we'll ask a key question: Could merger arbitrage in the oil and gas (O&G) sector be a viable impact strategy? Get the answer in our latest America in Transition blog: https://lnkd.in/eEPYzuvr #cliamterisk #energytransition #transitionintelligence #oilandgas
America in Transition: Could Oil & Gas Merger Arb Be an Impact Strategy?
https://www.ffisolutions.com
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NEWS: Consolidations, acquisitions. What will this mean for feedstock prices? Midstream consolidation continues as US Energy Transfer makes $3.25 billion deal! Energy Transfer plans to acquire WTG Midstream for $3.25 billion, the latest deal in an ongoing consolidation of the industry that provides feedstocks to chemical plants. https://lnkd.in/e5dRhduR #ICIS #Midstream #EnergyTransfer #WTGmidstream #acquisition #feedstocks #chemicals #chems
Midstream consolidation continues as US Energy Transfer makes $3.25 billion deal
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Uncover key M&A trends in Q1'24 in the ENRC sector. Learn about the rising trend of traditional power and utilities companies integrating renewable energy sources. Swipe through the below and click here to read our paper and grasp critical market movements for informed investment decisions: https://ow.ly/Ck1P50Skocu
Resilience despite uncertainties: Q1'24 M&A trends in ENRC
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🇬🇧🤝 Equinor UK and Shell UK are merging their offshore oil and gas assets to form a joint venture that aims to become the largest independent producer in the UK North Sea. Equally owned by both companies, this new entity will focus on sustaining domestic energy supply and maximizing value from maturing UK waters. Headquartered in Aberdeen, the venture will manage key assets like Equinor’s Rosebank and Shell’s Jackdaw, aiming for a combined production of over 140,000 BPD of oil by 2025, with a commitment to long-term sector sustainability. 🌊🏗️ Equinor and Shell will retain their renewable energy and carbon capture projects separately, showcasing a balanced approach to the energy transition. Equinor will hold onto assets like Dogger Bank wind farm, while Shell focuses on projects such as Acorn, Scotland's largest carbon capture initiative. Despite Shell halting investments in new offshore wind projects, both companies emphasize enhancing the value of their existing portfolios to support the UK's evolving energy landscape. 🌍⚡ This partnership also addresses the industry’s need for agility and risk-sharing in a challenging market. With a combined workforce of 1,300 and complementary expertise, the venture aims to secure energy supply while advancing decarbonization. As the deal awaits final approval by 2025, both companies are optimistic about delivering a balanced energy future, extending the life of vital oil and gas fields in the UK Continental Shelf.
Shell and Equinor’s oil & gas merger giving birth to ‘biggest independent producer’ in UK North Sea
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Entering 2023, renewable energy mergers and acquisitions (“M&A”) faced significant headwinds, including sustained high interest rates, inflationary pressures, supply chain constraints, government support program uncertainty and grid reliability. With my FTI Consulting colleagues, we review M&A activity in this sector over the past year and offer a 2024 outlook: https://lnkd.in/gAm_Aset
U.S. Renewable Energy M&A: Review of 2023 and Outlook for 2024 | FTI Consulting
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SK Innovation and SK E&S will merge to evolve into a comprehensive energy company that will encompass the entire value chain of both current and future energy sources. including oil, LNG, hydrogen, e-mobility, and more. #Energy #Alternatives #Mergers
SK Innovation, SK E&S announce merger
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SPAC Feed: Renewable Energy Biz Goes Public Via $386M SPAC Merger Law360 Source: Renewable Energy Biz Goes Public Via 6M SPAC Merger –… - https://lnkd.in/e_KKAJF9 #SPACs #SPACNews #SPAC #IPO #markets #news #capitalmarkets #trends #goingpublic #finance #business
Renewable Energy Biz Goes Public Via $386M SPAC Merger – Law360
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📢 This week, Equinor, OMV and the Orlen Group were among the companies granted new C02 storage licences in Norway and Denmark. This is a continuing trend, as oil and gas producers have long been forming partnerships, establishing joint ventures, and acquiring storage licences in the carbon capture and storage sector. 💡 Evaluate Energy's M&A database monitors these transactions, as well as deals in other renewable, low-carbon, and energy transition industries, to help you stay informed about the evolving global energy landscape. 👉 Start exploring here: https://lnkd.in/g4MBMVX6 #oilandgas #energy #CCUS #carboncapture #deals #mergers
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The #energyandpower sector's robust growth in Q2 2024 is driven by rising global energy demand, a shift toward green energy, and significant mergers and partnerships. Innovative product launches by key players like DuPont and SolarEdge Technologies further highlight the sector's dynamic nature, indicating a promising future fueled by technological advancements and strategic collaborations. #AMR #EnergyGrowth #GreenEnergy #SustainablePower #EnergyInnovation #RenewableEnergy #MergersAndAcquisitions #PowerSector #TechAdvancements #Q22024 #EnergyTransition https://lnkd.in/d2bbsGyB
The Energy and Power Domain is Set to Witness Major Transformation
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