TotalEnergies Set to Sell 50% Stake in Surmont Oil sands Asset

• Sunday, 28th May 2023
• by Israa Ibrahim

ConocoPhillips is exercising its preemption right to purchase the 50% stake in the Surmont asset held by TotalEnergies EP Canada Ltd. for about $3 billion, giving it full ownership and elbowing away rival Suncor Energ...

Shell to Acquire Nature Energy

• Wednesday, 30th November 2022
• by Israa Ibrahim

Shell Petroleum NV, a wholly owned subsidiary of Shell plc (Shell), has reached a deal with Davidson Kempner Capital Management LP, Pioneer Point Partners and Sampension to acquire 100% shareholding of Nature Energy B...

Shell Acquires Sprng Energy Group

• Tuesday, 9th August 2022
• by Israa Ibrahim

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has secured its total acquisition of Solenergi Power Private Limited and the Sprng Energy group of companies from Actis Solenergi Limited...