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Merger

Aramco will purchase Shell’s 50% interest in the JV for $631 million in a transaction thatis scheduled to close later this year. Read more

M&A/Investment

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REUTERS/Charles Platiau

The spin-off comes nearly three years after Technip merged with rival FMC Technologies, creating a leading offshore services company with combined revenue of $20 billion. Read more

M&A/Investment

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PhonlamaiPhoto Getty Images/iStockphoto

Years of delay in building new pipelines has led to oil production outpacing takeaway capacity and pushed up demand for storage tanks in the Canadian industry. Read more

M&A/Investment

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Photo courtesy Motiva Enterprises

The potential acquisition is targeted to close in the fourth quarter of 2019. Read more

M&A/Investment

Twenty potential bidders are interested in the refineries that Brazil’s state-controlled oil company Petroleo Brasileiro SA plans to sell Read more

Refining & Petrochemical Processing

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Courtesy Occidental Petroleum

The earlier-than-expected closing will give the company a head start to evaluate assets that it plans to sell to pay off debt supporting the acquisition. Read more

M&A/Investment

The deal marks the first acquisition of a U.S. shale gas developer by a Japanese company. Read more

M&A/Investment

It began demolishing the oil refining facilities in December 2016 but kept the fuel storage terminal. Read more

M&A/Investment

The STC-Intergulf merger will result in a broader range of services, a geographic reach into all major U.S. refining centers, and a greater ability to help customers achieve their sustainability goals. Read more

M&A/Investment

Significant addition to premium motorized access expertise in Bay Area and throughout Southern California. Read more

M&A/Investment

Approximately 500 employees who primarily support the gas and flame detection business are expected to join Teledyne upon completion of the sale. Read more

M&A/Investment

"We remain focused on completing our transaction with Anadarko in the second half of 2019." Read more

M&A/Investment

Chevron Phillips Chemical Company, a joint venture between Chevron Corp. and Phillips 66, has offered to acquire Nova Chemicals Corp. for more than $15 billion including debt, people familiar with the matter said to Reuters. Read more

M&A/Investment

Total Safety and Airgas On-Site Safety Services have reached an agreement by which Total Safety will purchase the AOSS organization. Read more

M&A/Investment

Canadian Natural Resources Limited has entered into an agreement to acquire all of the assets of Devon Canada Corporation for a cash purchase of C$3.78. Read more

M&A/Investment

Sugar Land, Texas-based CVR does not have a defined timeline for the exploration of strategic alternatives. Read more

M&A/Investment

The Crosby Group has entered into an agreement to acquire Gunnebo Industrier Holding AB from Segulah. Read more

M&A/Investment

Marathon Petroleum Corporation, MPLX and Andeavor Logistics have announced that the two midstream companies have entered into a definitive merger agreement whereby MPLX will acquire Andeavor Logistics for $9 billion. Read more

M&A/Investment

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Courtesy Occidental Petroleum

The transaction provides compelling strategic and financial rationale for all stakeholders. Read more

M&A/Investment

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