© 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
Most Trusted for High-Value Transactions in the Caribbean
Strategy
29/06/2016Most Trusted for High-Value Transactions in the Caribbean

Emmanuel Jacques Almosnino is well renowned law firm, comprised of highly skilled international attorneys involved with tax, financing, real property and wealth management.

Read Full PostRead - Eye Icon
A Unique Hotel Experience
Leadership
07/06/2017A Unique Hotel Experience

Treehotel offers a unique hotel experience: treerooms with contemporary design in the middle of unspoiled nature. Here you can forget about the time constraints of everyday life, enjoy the serenity, and rejuvenate in a sophisticated yet familiar environment. F

Read Full PostRead - Eye Icon
Not Losing Interest
Finance
13/02/2017Not Losing Interest

Cavmont Bank Ltd’s vision is to be a world class bank rated amongst the best in Zambia with a focus on partnering with all their stakeholders. Following their success in winning the 2016 Banker of the Year Zambia

Read Full PostRead - Eye Icon
2016 First Quarter Update – Helmores Wealth Limited
Finance
08/06/20162016 First Quarter Update – Helmores Wealth Limited

Helmores Wealth Limited is a full service fiduciary services company based in Christchurch New Zealand, with offices in Shanghai, Beijing, and Labuan.

Read Full PostRead - Eye Icon
Western Digital Committed to Creating Significant Value Through SanDisk Acquisition
Finance
23/02/2016Western Digital Committed to Creating Significant Value Through SanDisk Acquisition

Western Digital® Corporation today announced its agreement with Unisplendour Corporation Limited (Unis), and Unis Union Information System Ltd. (Unis Union), a subsidiary of Unis, agreed to make a $3.775 billion equity investment in Western Digital, has been

Read Full PostRead - Eye Icon
The Role of the CIO Changing Thanks to AI and Digital Transformation
Innovation
24/05/2023The Role of the CIO Changing Thanks to AI and Digital Transformation

The chief information officer (CIO) is instrumental in helping companies use technology well and achieve stated goals. However, the role of the CIO is becoming significantly different than it once was.

Read Full PostRead - Eye Icon
Rural Businesses in UK Are Struggling According To Recent Survey
News
28/04/2023Rural Businesses in UK Are Struggling According To Recent Survey

Rural businesses in the UK are struggling to compete with their urban counterparts due to a lack of public infrastructure and skilled labour, according to a recent survey by the British Chambers of Commerce (BCC) and small business platform Xero. 

Read Full PostRead - Eye Icon
How Does AI-Driven Text-to-Speech Elevate Business Communication
News
24/06/2024How Does AI-Driven Text-to-Speech Elevate Business Communication

Today’s text-to-speech (TTS) technology has made huge leaps in years, from Wolfgang von Kempelen’s “Speaking Machine” discovery until the advent of AI around the 2000s. Its capacity to store loads of voices, human speech patterns, and a

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.



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