© 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
Oando Plc Acquires Assets from ConocoPhillips
M&A
27/02/2015Oando Plc Acquires Assets from ConocoPhillips

In July 2014, Oando, one of Africa’s largest integrated energy solutions providers, acquired ConocoPhillips’ Nigerian oil and gas business for $1.5bn. We took a closer look at this landmark deal

Read Full PostRead - Eye Icon
Can You Pay to Have Your Credit Fixed?
Finance
06/12/2021Can You Pay to Have Your Credit Fixed?

Many companies claim they can "repair" or "fix" your credit. And yes, some of these types of services are scams. Moreover, you can do it yourself for free if you’re willing to put in the time and effort.

Read Full PostRead - Eye Icon
Reasons for LTD Claim Denials for Covid-19 Long Haulers
Legal
27/09/2021Reasons for LTD Claim Denials for Covid-19 Long Haulers

Covid-19 rapidly spread across the world and became a global pandemic. Hundreds of millions of people became infected, with millions being forced to take a leave of absence from their jobs due to symptoms.

Read Full PostRead - Eye Icon
Serving Customer and Community
Leadership
24/12/2021Serving Customer and Community

Having made itself the ‘Best Home & Maintenance Services Provider’ in 2021 for the UK, Fantastic Services is a home and office services company whose franchise model is helping communities all across the world.

Read Full PostRead - Eye Icon
Clean Energy as a Solution for Reducing Supply Chain Carbon Footprints
Corporate Social Responsibility
26/05/2023Clean Energy as a Solution for Reducing Supply Chain Carbon Footprints

Climate change is here. The phrase, common, because the reality of the effects of industrialization have become an all too familiar force on the planet today. Sea levels rising, more intense storms, droughts each have their cause exacerbated by the change in g

Read Full PostRead - Eye Icon
Study Proves Female Board Members Improve Share Price
Finance
22/04/2016Study Proves Female Board Members Improve Share Price

Having female managers on the board improves a company’s share price, according to new research from Skema business school.

Read Full PostRead - Eye Icon
Providing TailorMade Solutions for Your Business
Strategy
20/12/2017Providing TailorMade Solutions for Your Business

Horev & Co. Law Office is a boutique law firm offering its clients individually tailored legal services in various commercial fields.

Read Full PostRead - Eye Icon
How to Run Successful Linked In Ad Campaigns
News
29/11/2022How to Run Successful Linked In Ad Campaigns

LinkedIn has established its presence in the professional world. The platform has over 750 million users globally. The purpose of LinkedIn is to serve as a professional network for business-minded people. In addition, many LinkedIn users are decision-makers in

Read Full PostRead - Eye Icon
9 Fun Ways to Advertise Your Business
News
29/06/20239 Fun Ways to Advertise Your Business

In the ever-evolving world of business, capturing the attention of potential customers is crucial for success. To stand out against the competition, it’s important to look beyond traditional advertising methods and explore fun, inventive ways to promote your



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