Category Archive: Energy & Raw Materials

PSA and FCA join forces to become the largest automaker in Europe

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On October 31st, French automotive vehicle manufacturer PSA has announced its merger of equals with the Italian-American FCA group in an all-stock transaction. The deal will create world’s 4th largest automotive manufacturer and… Continue reading

The giant goes shopping: Saudi Aramco’s $69.1bn acquisition of SABIC

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COMPANIES OVERVIEW Saudi Aramco Saudi Arabia’s Aramco ranks as a global magnate in the oil industry. In 2018, the energy giant listed as the world’s most profitable company, recording a net income of… Continue reading

Total acquires Maersk Oil & gas to reduce Middle-east country exposure

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On August 8th, Total announced the acquisition of the Exploration and Production company Maersk Oil & Gas, a wholly owned subsidiary of the Danish transport and logistics company A.P. Møller – Mærsk A/S,… Continue reading

Here we go, shale oil is back to life

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On January 17th, ExxonMobil announced the acquisition of companies owned by the Bass family of Fort Worth, Texas, for un upfront cost of $ 5.6 billion to be paid in ExxonMobil shares. An… Continue reading

A new giant emerges in the oil services industry: the marriage of Baker Hughes with GE

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General Electric and Baker Hughes reached a deal for the combination of their oil services business units. General electric will contribute its oil-and-gas business and pay $7.4 billion through a special dividend of… Continue reading

Enbridge Inc. and Spectra Energy Corp. merge to create a North America gas infrastructure giant

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On September 6, 2016, Enbridge Inc. and Spectra Energy Corp. have entered into a definitive merger agreement under which Enbridge and Spectra Energy will combine in a stock-for-stock merger transaction, valuing Spectra Energy… Continue reading

From Bratislava with Love: Slovak nuclear on sale

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On December 18th Enel announced an agreement with EPH for the sale of its 66% stake in the Slovak subsidiary Slovenské Elektrárne. Discussions are still ongoing about the possible purchase of a 17%… Continue reading

Gas: buy or build?

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Industry Overview The oil and gas industry is facing high market volatility due to geopolitical instability. Companies struggle to lock in new demand in a sector where oversupply is a big issue. The… Continue reading

BASF – GAZPROM GAS ASSET SWAP

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Gazprom and BASF have agreed to complete the swap of assets with equivalent value signed in December 2013. Industry Overview Gazprom is the largest Russian energy company. Gazprom’s major business lines are geological… Continue reading