© 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
ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor
Finance
19/02/2016ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor

ON Semiconductor Corporation announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. for $20.00 per share in cash (the “Offer”) pending the

Read Full PostRead - Eye Icon
Understanding the Importance of Valuation in Mergers and Acquisitions
Finance
02/03/2026Understanding the Importance of Valuation in Mergers and Acquisitions

Mergers and acquisitions (M&A) are pivotal activities in the corporate world, involving complex processes that can significantly impact a company’s growth trajectory. A critical component in these transactions is financial valuation, which helps dete

Read Full PostRead - Eye Icon
What works best: HTML email marketing or plain text?
News
15/06/2022What works best: HTML email marketing or plain text?

Email marketing is a powerful tool to reach more people, increase engagement, and generate more leads. There are two ways to send an email to your marketing list, one is to spruce it up using HTML and the other is to keep is simple with plain text. Which one w

Read Full PostRead - Eye Icon
3 Tax Tips for Non-Profits
Finance
20/04/20213 Tax Tips for Non-Profits

The UK government allows charities, aka non-profits, to use quite a few tax exemptions and benefits to minimise their total due tax amount every year. However, in order to really take advantage of those benefits as a non-profit organisation, the administrative

Read Full PostRead - Eye Icon
Best Facility Management Group 2026
Finance
31/03/2026Best Facility Management Group 2026

Today, the multifaceted facilities management (FM) landscape consists of so many different elements that councils and companies are crying out for a service provider to cover all the bases under one roof.

Read Full PostRead - Eye Icon
US Unique in the World as to Its Bankruptcy Laws
Legal
30/11/2016US Unique in the World as to Its Bankruptcy Laws

The United States is unique in the world as to its bankruptcy laws. No other country gives its ordinary citizens the ability to start fresh, without debt, without stripping them of almost all their possessions.

Read Full PostRead - Eye Icon
A Warming Trend:  US Consumers Step into the Sunshine
Finance
12/02/2015A Warming Trend: US Consumers Step into the Sunshine

Mesirow Financial’s Chief Economist says a profound shift has occurred in American consumer confidence.

Read Full PostRead - Eye Icon
African Business Awards 2016
Legal
01/07/2016African Business Awards 2016

Kanokanga & Partners, established in 1991, has a reputation for offering high quality legal service. For the firm, clients come first. The firm looks after its clients’ interests as if they were its own. Furthermore, the firm is open, honest and straightforw

Read Full PostRead - Eye Icon
CEO of the Year – New Jersey
Innovation
02/02/2016CEO of the Year – New Jersey

The Macaluso Group (“TMG”) is a technology and data driven company focused on pioneering co-pay and financial payment solutions.



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