© 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
Does Your Business Need a Criminal Lawyer? 4 Ways Criminal Lawyers Work With the Corporate World
Leadership
04/11/2022Does Your Business Need a Criminal Lawyer? 4 Ways Criminal Lawyers Work With the Corporate World

If you run a business, you might assume that your legal requirements will be met by a corporate lawyer, with this type of expert helping to oversee things like contracts, employee disputes, compliance and so forth.

Read Full PostRead - Eye Icon
Navigating the Path to Criminal Rehabilitation: A Comprehensive Guide for Entry to Canada
News
27/11/2023Navigating the Path to Criminal Rehabilitation: A Comprehensive Guide for Entry to Canada

Navigating the Path to Criminal Rehabilitation: A Comprehensive Guide for Entry to Canada Embarking on the journey to enter Canada after a criminal conviction can be a challenging process. However, with the right approach and understanding of the steps involve

Read Full PostRead - Eye Icon
How To Leverage WordPress For Superior Business Performance
News
03/06/2024How To Leverage WordPress For Superior Business Performance

To catapult your business to new heights, you need a website that works impeccably. WordPress can deliver this, but it takes more than just a bare-minimum setup to really send performance skyward. Rather than scrabbling in the dark as you try to wring more val

Read Full PostRead - Eye Icon
Pioneer Bank Merger is Successfully Completed
Finance
29/02/2016Pioneer Bank Merger is Successfully Completed

Pioneer Bancshares, Inc., the holding company for Pioneer Bank SSB, successfully completed its merger with FC Holdings, Inc.

Read Full PostRead - Eye Icon
Cryptocurrency Trends for 2022
Finance
19/01/2022Cryptocurrency Trends for 2022

While the crypto market has experienced an incredibly volatile year, it has also seen significant price hikes and sustained growth over the course of the previous 12 months.

Read Full PostRead - Eye Icon
Bridging Success in 2015
Strategy
31/01/2015Bridging Success in 2015

There is currently a huge appetite for short- and medium-term property loans across the UK, and Dragonfly Property Finance is leading the way.

Read Full PostRead - Eye Icon
Taking Energy Empowerment to the next Level
Innovation
13/02/2017Taking Energy Empowerment to the next Level

At Avant Garde Innovations ™, our goal is to eliminate energy poverty, reduce dependence on struggling state power grids and create energy self-sufficiency for all the needy ones through distributed, localised and affordable renewable energy.

Read Full PostRead - Eye Icon
Lower Profits at Brazil’s Foreign Banks Limit Expansion
Leadership
16/02/2015Lower Profits at Brazil’s Foreign Banks Limit Expansion

Reduced profits from capital market-related activities to hold back plans for expansion in the country.

Read Full PostRead - Eye Icon
Is Your Retail Job Safe? What AI and ChatGPT Mean for the Retail Industry
Innovation
01/03/2023Is Your Retail Job Safe? What AI and ChatGPT Mean for the Retail Industry

ChatGPT, the new AI-powered chatbot, is set to revolutionise the way we work. The chatbot uses natural language processing (NLP) to generate high-quality, human-like responses upon user request, making it one of the most innovative and influential AI systems t



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