© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Yantai Xinchao to Acquire Texas Oil Fields for $1.3 Billion
Posted 27th October 2015

Yantai Xinchao to Acquire Texas Oil Fields for $1.3 Billion

With China's increased interest and investment in the energy, Yantai Xinchao plan to purchase giant oil fields in Texas.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Yantai Xinchao to Acquire Texas Oil Fields for $1.3 Billion

Yantai Xinchao to Acquire Texas Oil Fields for $1.3 Billion

Image

The transaction has already been approved by the U.S. Treasury’s Committee on ForeignInvestment , it added.

 With China’s increased interest and investment in the energy, Yantai Xinchao plan to purchase giant oil fields in Texas. 

The particular oil fields in question will be purchased form Tall City Exploration LLC as well as Plymouth Petroleum LLC, Xincaho said. The transaction has also been approved by the US Treasur’s Committe on Foreign Investment.  

 

Categories: Finance


You Might Also Like
Read Full PostRead - Eye Icon
Care For Clients In Complex Cases
Leadership
11/09/2023Care For Clients In Complex Cases

Westerberg & Partners is a Swedish boutique law firm handling complex disputes, often with an international angle. The firm is particularly strong in international arbitration, post-award proceedings and cross-border case work and has an excellent reputation f

Read Full PostRead - Eye Icon
From Ledgers to Digital: The Evolution of Accounting Practices
News
27/10/2023From Ledgers to Digital: The Evolution of Accounting Practices

For thousands of years, accounting has been an integral part of civilization. From the earliest days of recorded history, bookkeepers have been tracking credits and debits, assets and liabilities. While the fundamental principles remain unchanged, the tools an

Read Full PostRead - Eye Icon
From Voiceovers to Voice Infrastructure: How Businesses Are Rethinking Audio
Technology
20/08/2026From Voiceovers to Voice Infrastructure: How Businesses Are Rethinking Audio

Audio used to be something of an afterthought on a company’s to-do list. If a company required sound for its television commercial, web-based learning course, or automated phone system, it went out and rented a recording studio, hired a voice talent, and

Read Full PostRead - Eye Icon
Can You Get a Loan in Bitcoin
Finance
17/11/2021Can You Get a Loan in Bitcoin

Can you get a loan in bitcoin? It seems like an interesting question, but it bears some interesting answers. If you are curious about this subject, please do read on. In this article, I am going to show you how you can get a loan in bitcoins. By the time you h

Read Full PostRead - Eye Icon
Utilising Third Party Fund Administrators
Innovation
19/03/2015Utilising Third Party Fund Administrators

Utilising Third Party Fund Administrators

Read Full PostRead - Eye Icon
Using Technology to Streamline Benefits Administration and Employee Engagement
Innovation
09/09/2024Using Technology to Streamline Benefits Administration and Employee Engagement

Employees often choose where they’ll work based on the benefits provided as part of an overall salary package.

Read Full PostRead - Eye Icon
CafeX Acquires Vayyoo to Expand Enterprise Collaboration Platform
Leadership
25/01/2017CafeX Acquires Vayyoo to Expand Enterprise Collaboration Platform

Vayyoo's virtual meeting room technology will integrate with CafeX Chime to accelerate outcome-driven business collaboration.

Read Full PostRead - Eye Icon
Your Industrial Start up Can Keep Cost Low by Recognising Quality Used Equipment
Innovation
15/09/2022Your Industrial Start up Can Keep Cost Low by Recognising Quality Used Equipment

Industrial start ups have some of the highest initial capital requirements of any business. The most significant part of the start up capital will be for purchasing equipment. You can spend less money by choosing to buy quality but used equipment. It will save

Read Full PostRead - Eye Icon
Health Care M&A Spending Sets New Record in 2015
Innovation
24/11/2015Health Care M&A Spending Sets New Record in 2015

The health care merger and acquisition market has set a new record in 2015, with more than a month left to go to the end of the year.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow