© 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
Corporate Responsibility – how can SMEs get involved?
News
14/07/2023Corporate Responsibility – how can SMEs get involved?

Corporate Responsibility – how can SMEs get involved? What is corporate responsibility (CSR)? Corporate responsibility is defined as corporations having a responsibility to the groups and individuals it can affect such as its stakeholders and to society

Read Full PostRead - Eye Icon
Privet Capital Acquisition of Aeroment from Black Diamond
Finance
04/08/2015Privet Capital Acquisition of Aeroment from Black Diamond

Privet Capital Acquisition of Aeroment from Black Diamond

Read Full PostRead - Eye Icon
The Crucial Role of Tax Consultants in Optimizing Financial Strategies for Canadian Businesses
News
08/08/2023The Crucial Role of Tax Consultants in Optimizing Financial Strategies for Canadian Businesses

The Canadian tax landscape is known for its complexity, with a myriad of rules, regulations, and constant updates that can leave businesses overwhelmed and struggling to navigate through the intricacies of tax compliance. As businesses strive to stay competiti

Read Full PostRead - Eye Icon
Success That Goes Beyond Science
Innovation
14/02/2020Success That Goes Beyond Science

Cambrex is a contract development, manufacturing and testing organisation, headquartered in Durham, North Carolina. We caught up with Natalee Campbell who gave us a detailed insight into the innerworkings of the successful firm.

Read Full PostRead - Eye Icon
Care By the Sea
Leadership
09/03/2021Care By the Sea

So much more than simply a domiciliary care agency, Overington Care does not merely assist people to live an independent life in their own homes, it also has a strong focus on the mental wellbeing of its clients and its staff. Founder and owner, Nichola, tells

Read Full PostRead - Eye Icon
How Good Partnerships Promote Success
M&A
14/01/2015How Good Partnerships Promote Success

We, at Symphony Communication Services, are honored to receive Acquisition International’s Deal of the Year award.

Read Full PostRead - Eye Icon
Securing Repeatable Project Success
Leadership
11/01/2021Securing Repeatable Project Success

Managing a project proactively and effectively is very often the key to ensuring a successful outcome. So much emphasis can be placed on results, that the process of managing the project throughout can sometimes be lost. However, one firm has taken it upon its

Read Full PostRead - Eye Icon
Antal Acquires Smart Moves
M&A
27/05/2015Antal Acquires Smart Moves

Antal Acquires Smart Moves

Read Full PostRead - Eye Icon
Push Notifications and Time-Sensitive Offers: Driving Immediate Action
News
27/11/2023Push Notifications and Time-Sensitive Offers: Driving Immediate Action

Push Notifications and Time-Sensitive Offers: Driving Immediate Action In today’s evolving landscape, effectively conveying your message to consumers in a timely manner is paramount. With the proliferation of devices and the growing popularity of apps, p



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