© 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
Takeaway.com acquires Foodarena in Switzerland
M&A
26/06/2018Takeaway.com acquires Foodarena in Switzerland

Takeaway.com N.V. (AMS: TKWY), hereinafter the “Company”, or together with its group companies “Takeaway.com”, the leading online food delivery marketplace in Continental Europe, has acquired the Foodarena business in Switzerland from Delivery Hero Gro

Read Full PostRead - Eye Icon
6 Forms of Technology That Are Streamlining Healthcare Provision in 2023 and Beyond
Innovation
24/05/20236 Forms of Technology That Are Streamlining Healthcare Provision in 2023 and Beyond

The healthcare industry is experiencing a major transformation with the introduction of new technologies. New technology is changing how we access and deliver healthcare services, from electronic health records to telemedicine.

Read Full PostRead - Eye Icon
The Top 5 Trends in Glass Packaging for Skincare: A Sustainable Future
News
02/01/2025The Top 5 Trends in Glass Packaging for Skincare: A Sustainable Future

The skincare industry is undergoing a transformation, driven by a growing awareness of sustainability and eco-friendliness. One of the most notable changes is the shift towards glass packaging. In this article, we discuss the top five trends in glass packaging

Read Full PostRead - Eye Icon
5 ways that SMEs can overcome cash flow challenges in uncertain markets
News
01/11/20245 ways that SMEs can overcome cash flow challenges in uncertain markets

Across the UK, many small and medium-sized enterprises (SMEs) face financial pressures due to a variety of factors, including fluctuating economic conditions and rising operational costs. These challenges often leave business owners searching for reliable stra

Read Full PostRead - Eye Icon
Several Ways on How Engineering Innovations Make Your Business More Competitive
Innovation
13/09/2021Several Ways on How Engineering Innovations Make Your Business More Competitive

Wondering what kind of benefits engineering innovation can bring to business so that the last win competition among dozens of rivals? Keep reading this article!

Read Full PostRead - Eye Icon
How Industrial Couriers Play a Vital Role in the Supply Chain
Innovation
19/08/2022How Industrial Couriers Play a Vital Role in the Supply Chain

When most people think of couriers, we imagine the people handling last-mile delivery for a wide range of consumer products. However, there’s also major demand for couriers in a commercial context, and that’s where specialist providers come into the pictur

Read Full PostRead - Eye Icon
Moving Class Outside: Adjusting Academics
News
13/08/2021Moving Class Outside: Adjusting Academics

When you think of the typical classroom, you’re probably picturing brick walls, rows of desks, a chalkboard and a few decorations that match the subject being taught. Over this past year, though, the traditional classroom has been flipped. The pandemic sent

Read Full PostRead - Eye Icon
The UK’s Most Personalised Venous Treatments
Innovation
26/01/2024The UK’s Most Personalised Venous Treatments

Accredited with the title of Best Varicose Veins Treatment Clinic 2023 – UK, The Whiteley Clinic is an internationally renowned centre whose specialty lies in the investigation and treatment of venous diseases. Promising the highest level of care through acc

Read Full PostRead - Eye Icon
Blogger Outreach: 7 Benefits to Business
News
03/09/2021Blogger Outreach: 7 Benefits to Business

In this fast-paced and technologically driven world that we live in, modern businesses must keep up pace with current trends and continue to think up fresh and creative ideas to survive and grow.



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