© 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
How Citywide Infrastructure Upgrades Are Creating Short-Term Pedestrian Risk Zones
Legal
04/06/2026How Citywide Infrastructure Upgrades Are Creating Short-Term Pedestrian Risk Zones

Cities across the country are investing heavily in infrastructure upgrades. Aging water lines are being replaced, sidewalks are being rebuilt, utility systems are being modernized, and streets are being redesigned to improve long-term safety and accessibility.

Read Full PostRead - Eye Icon
Emerging Human-Centric Sectors: Why Mental Health and Counseling Skills Are Becoming Business Essentials
News
22/07/2025Emerging Human-Centric Sectors: Why Mental Health and Counseling Skills Are Becoming Business Essentials

In a time when strategy and innovation rule boardroom discussions, a more subdued change is occurring in all sectors: a move toward goals that are more focused on people. Businesses no longer only concentrate on technology, data, and infrastructure. They are i

Read Full PostRead - Eye Icon
5 Smart Ways to Automate Your Packaging Processes
Innovation
01/12/20215 Smart Ways to Automate Your Packaging Processes

Packaging is an integral component of a manufacturing or distributing business. Regardless of the type of products or goods you're offering, it's critical that you pay attention to how you pack your items so that you can provide your customers with the best se

Read Full PostRead - Eye Icon
New Approach Needed to Tackle Mental Ill-Health at Work, Says OECD
Strategy
05/03/2015New Approach Needed to Tackle Mental Ill-Health at Work, Says OECD

Health and employment services should intervene earlier, involve key stakeholders and ensure they work together in order to help people with mental-health issues find work and stay in a job.

Read Full PostRead - Eye Icon
The Diagnosis and Treatment of PostTraumatic Stress Disorder
Innovation
06/10/2017The Diagnosis and Treatment of PostTraumatic Stress Disorder

The Diagnosis and Treatment of PostTraumatic Stress Disorder

Read Full PostRead - Eye Icon
Quindell Plc Shares Suspended
Finance
29/06/2015Quindell Plc Shares Suspended

Shares in Insurance firm suspended after U.K Financial Conduct Authority confirms investigation.

Read Full PostRead - Eye Icon
Ardian Acquisition of Exclusive Sythesis & Maleic Anhydride Intermediates
Finance
31/07/2015Ardian Acquisition of Exclusive Sythesis & Maleic Anhydride Intermediates

Ardian Acquisition of Exclusive Sythesis & Maleic Anhydride Intermediates

Read Full PostRead - Eye Icon
Scapa’s Acquisition of First Water
Finance
08/04/2015Scapa’s Acquisition of First Water

Scapa's Acquisition of First Water

Read Full PostRead - Eye Icon
The Legal Implications of Co-Owning a Family Business
Legal
01/02/2023The Legal Implications of Co-Owning a Family Business

Frequently, owners and shareholders of family firms can balance their professional and personal obligations. It could be challenging to maintain peace and advance as a civilization simultaneously.



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