Acquisitions and Divestitures News

Oracle Acquires Land Lease for Green Hydrogen Project
Pakistan >> 11/28/2022 - Oracle Power PLC (AIM: ORCP), a developer of green hydrogen production through its joint venture Oracle Energy Limited ("Oracle Energy"), is pleased to announce the acquisition by Oracle Energy of Sta...
Ignitis Group Acquires Wind Farm Project in Lithuania
United States >> 11/25/2022 - International green energy company Ignitis Renewables signed an agreement to acquire 100% of shares of the company developing an onshore wind farm in Lithuania. This decision was approved by Ignitis G...
Actis Backed BluPine Energy Acquires 404MWp Operating Solar Portfolio
India >> 11/24/2022 - Actis, a leading global investor in sustainable infrastructure, has announced that its portfolio company, BluPine Energy, a renewable wind and solar power generation and storage business, has complete...
Sunwin Energy Sells a 375 MW Solar Portfolio, Advised by Capcora
Italy >> 11/23/2022 - European Developer Sunwin Energy today announced to have entered into a framework agreement with a major European stock listed energy company for the development of a 375 MW portfolio. The portfolio S...
Jadestone Announces Completion of Acquisition of 10% Interest in Lemang PSC
Indonesia >> 11/23/2022 -  Jadestone Energy plc (“Jadestone”), an independent oil and gas production company focused on the Asia-Pacific region, is pleased to announce the completion of the acquisition of the remaining 10% int...
Europa Oil & Gas Announces Inezgane Licence, Offshore Morocco Update
Morocco >> 11/23/2022 - Europa Oil & Gas (Holdings) plcannounces that the extension to the Initial Period of the Inezgane Licence (“Inezgane”) offshore Morocco announced on 21 October 2020 has now come to an end and Europa h...
Duke Energy Enters Mississippi with Acquisition of 100-MW Wildflower Solar
United States >> 11/21/2022 - Duke Energy Sustainable Solutions is expanding its solar energy portfolio by acquiring the 100-megawatt (MW) Wildflower Solar project from Clearway Energy Group. The solar project will generate enough...
Pennpetro Energy Announces Tunisia Update
Tunisia >> 11/21/2022 - Pennpetro Energy PLC ("Pennpetro") notes the RNS announcement issued on 18 November by Upland Resource PLC's ("Upland") stating the termination of the farm-in agreement into Upland's Saouaf permit are...
Royale Announces New Joint Development Agreement in Permian Basin
United States >> 11/21/2022 - Royale Energy, Inc., (ROYL), is pleased to announce that it has executed a Joint Development Agreement (JDA) with Ares Energy LTD for up to 25,000 acres in Ector and Andrews counties, Texas in the Per...
Stonepeak and Spirit Super to Acquire Australia’s GeelongPort
Australia >> 11/20/2022 - Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and Spirit Super, an Australian industry super fund, today announced the signing of a definitive agreem...
Shawcor Sells its Oilfield Asset Management Business
Canada >> 11/18/2022 - Shawcor Ltd. has sold its Oilfield Asset Management (“OAM”) operating unit to Force Inspection Services Inc. (“Force”), in a transaction generating at least C$15 million in gross proceeds. Shawcor wil...
Hurricane Energy Provides Financial and Formal Sale Process Update
United Kingdom >> 11/18/2022 - Hurricane Energy plc, the UK based oil and gas company, notes the Autumn Statement issued by the Chancellor of the Exchequer on 17 November 2022 containing changes to the Energy Profits Levy (the "EPL...
Petrobras on the Sale of REGAP Refinery
Brazil >> 11/17/2022 - Petrobras informs that it has received a binding proposal for the sale of the Gabriel Passos Refinery (REGAP), in Minas Gerais, but decided to close the process, since the conditions of the presented ...
Update on Transaction with Turquoise Hill Resources
United States >> 11/17/2022 - Rio Tinto has carefully considered the concerns raised by minority shareholders of Turquoise Hill Resources Ltd. (“Turquoise Hill”) in relation to the dissent and dispute resolution provisions in the ...
Chevron to Acquire Full Ownership of Beyond6 CNG Fueling Network
United States >> 11/17/2022 - Chevron U.S.A. Inc., a subsidiary of Chevron Corporation announced it signed a definitive agreement to acquire full ownership of Beyond6, LLC (B6) and its network of 55 compressed natural gas (CNG) st...
ADM Energy Announces Further re: Barracuda and Interim Injunction
Nigeria >> 11/16/2022 - ADM Energy PLC, a natural-resources investing company, provides an update on the legal proceedings in respect of its interest in the Barracuda oil field.

As previously announced on 13 De...
Diamondback Energy, Inc. Announces Northern Midland Basin Acquisition
United States >> 11/16/2022 - Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire all leasehold interest and related assets o...
ICG Infra Acquires Leading Iberian Renewable Platform, Dos Grados
Spain >> 11/16/2022 - ICG, the global alternative asset manager, announced that ICG Infra I (“ICG Infra”), its €1.5bn debut Infrastructure Fund, has acquired Dos Grados, a leading renewable platform located across Spain an...
TotalEnergies Increases its Interest in the Waha Concessions
Libya >> 11/15/2022 - TotalEnergies has completed the joint acquisition with ConocoPhillips of the 8.16% interest held by Hess in the Waha concessions, in Libya. As a result of this transaction, TotalEnergies’ interest in ...
Orcadian Granted Pilot Licence Extension
United Kingdom >> 11/15/2022 - Orcadian Energy (AIM: ORCA), the low-emissions North Sea oil and gas development company, is delighted to announce the North Sea Transition Authority (NSTA) has granted Orcadian a one-year extension t...

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