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 overview of conventional and shale oil extraction techniques Conventional oil Conventional oil production is usually accomplished through a vertical well and a … Continue reading Here we go, shale oil is back to life
BASF – GAZPROM GAS ASSET SWAP
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 exploration, production, transportation and sale of gas within the Russian Federation and abroad. The company is also engaged in oil production, refining … Continue reading BASF – GAZPROM GAS ASSET SWAP
SHELL-BG, A NEW WAVE OF OIL M&A IS COMING?
On the morning of the 8th of April 2015 the acquisition of BG Group by the Anglo-Dutch oil giant Royall Dutch Shell was announced. It is considered to be the most expensive oil and gas deal in the past decade with an estimated value of around £47.0 billion ($70billion U.S. dollar). Structure of the Deal … Continue reading SHELL-BG, A NEW WAVE OF OIL M&A IS COMING?
OIL: A SHORT STORY
July 2014 represented one of the most important turnaround points in the oil business in the last decade. An apparently trifling event as the reopening of the Libya’s ports and wells transformed significantly the market. According to the numbers, it was meaningless because Libya’s production jumped from 250’000 bpd to 900’000 bpd over the next … Continue reading OIL: A SHORT STORY
You must be logged in to post a comment.