© 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
Why Continuity and Succession Planning is Crucial for Businesses Right Now
Legal
21/10/2020Why Continuity and Succession Planning is Crucial for Businesses Right Now

Coronavirus has created many challenges for businesses and an area of discussion that has rapidly escalated in importance is around protection. Protection should always be an area of priority for a business, but the situation we find ourselves in has understan

Read Full PostRead - Eye Icon
ICL Makes C$137M Offer for Allana Potash Shares
M&A
27/03/2015ICL Makes C$137M Offer for Allana Potash Shares

ICL today announced that it has made an offer for shares with Allana Potash Corp.

Read Full PostRead - Eye Icon
Venture Capital Dollars Invested in Life Sciences Companies in 2014 at Highest Level Since 2007
Finance
12/03/2015Venture Capital Dollars Invested in Life Sciences Companies in 2014 at Highest Level Since 2007

Venture capitalists invested US$2.8bn in life sciences in the fourth quarter, reaching US$8.6bn in 2014, according to MoneyTree Report from PwC.

Read Full PostRead - Eye Icon
How to Choose the Best Software Development Company in 2023
Innovation
24/07/2023How to Choose the Best Software Development Company in 2023

Choosing the ideal partner might seem like a difficult process with so many businesses providing their services. However, you may make an informed choice that supports your company's objectives by taking certain criteria into account and using a methodical app

Read Full PostRead - Eye Icon
The Hidden Cost of Overuse and Misuse of Data Storage
News
06/08/2025The Hidden Cost of Overuse and Misuse of Data Storage

Most organisations are storing far more data than they use, and while keeping it “just in case” might feel like the safe option, it’s a habit that can quietly chip away at budgets, performance, and even sustainability goals.

Read Full PostRead - Eye Icon
4 Must-Try Innovative Contact Centre Trends
Innovation
25/04/20224 Must-Try Innovative Contact Centre Trends

Of the industries impacted by the pandemic, contact centres have had no choice but to evolve. As a result many more services are technologically driven, and numerous transactions are done online.

Read Full PostRead - Eye Icon
5 Urbanisation Challenges That Could Be Easily Handled by AI
Innovation
08/11/20225 Urbanisation Challenges That Could Be Easily Handled by AI

The world is moving faster than ever with billions of people on the move. In fact, by 2050, more than two-thirds of the global population will live in cities.

Read Full PostRead - Eye Icon
The Benefits of Hiring a Business Incorporation Attorney
News
18/03/2024The Benefits of Hiring a Business Incorporation Attorney

Starting a new business can be an exciting venture, but it also comes with a multitude of legal complexities that can leave even the most ambitious entrepreneurs feeling overwhelmed. That’s where a corporate attorney Denver comes into play. In this artic

Read Full PostRead - Eye Icon
Q1 Update – Mochtar Karuwin Komar
Strategy
01/07/2016Q1 Update – Mochtar Karuwin Komar

Mochtar Karuwin Komar (MKK) is one of Indonesia’s oldest firms and celebrates its 45th year in June 2016.



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