© 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
Closing The Gender Gap In Cybersecurity Could Boost UK Economy By £12.6bn
Leadership
20/03/2020Closing The Gender Gap In Cybersecurity Could Boost UK Economy By £12.6bn

Increasing the number of women working in cybersecurity could boost the UK economy by £12.6 billion according to a new report from Tessian, the human layer security company. The report also reveals that closing the 24% gender pay gap in the UK cybersecurity i

Read Full PostRead - Eye Icon
Inside the Codebase: Five Steps of Software Development You Need to Know
News
01/09/2023Inside the Codebase: Five Steps of Software Development You Need to Know

Article written by Valentin Kuzmenko, Chief Commercial Officer/ VP of Sales at Andersen Modern businesses cannot function properly without pioneering software products. Companies willing to get efficient solutions partner with IT providers offering impeccable

Read Full PostRead - Eye Icon
Blockchain is the Inevitable Future of Banking
Innovation
24/07/2018Blockchain is the Inevitable Future of Banking

Fiorenzo Manganiello is a Professor of blockchain technologies at the Geneva Business School and Associate Director of Banque Profil de Gestion, a Swiss private bank.

Read Full PostRead - Eye Icon
Transforming Career Paths: The Rise of Tech-Driven Real Estate Roles
News
26/04/2024Transforming Career Paths: The Rise of Tech-Driven Real Estate Roles

Real estate isn’t just about square footage and location anymore; it’s evolving rapidly, with technology at the helm. Think virtual property auditors and blockchain specialists – positions once nonexistent are now on the rise. This surge in t

Read Full PostRead - Eye Icon
CEO of the Month – UK
Leadership
03/06/2016CEO of the Month – UK

With offices in London, UK and Chicago, USA, Adgistics is a marketing technology solution provider that helps to grow the value of brand assets for global businesses

Read Full PostRead - Eye Icon
Overall CEO of the Year, the USA
Innovation
01/04/2016Overall CEO of the Year, the USA

BROWZ is a software as a service (SaaS) solution provider of supply chain qualification and risk management. In today’s economic environment, most large organizations outsource work to contractors.

Read Full PostRead - Eye Icon
A Beginner-Friendly Day Trading Setup Checklist For Risk-Free Trading
News
20/11/2023A Beginner-Friendly Day Trading Setup Checklist For Risk-Free Trading

For most investors, day trading can look like an extremely promising option, and it can even be highly rewarding for those with a well-planned strategy. However, if you have just entered the market, there are a few common mistakes you might be prone to committ

Read Full PostRead - Eye Icon
Kenya: Ensuring Economic Growth
Finance
12/10/2015Kenya: Ensuring Economic Growth

Mohammed Muigai is a leading law firm based in Kenya’s capital, Nairobi. Comprising six partners and five associates, allied to the finest legal and administrative support staff, the firm’s reputation as a market leader derives from a tradition of excellen

Read Full PostRead - Eye Icon
The Many Changes & Challenges Headed For The Retail Banking Industry
News
01/02/2024The Many Changes & Challenges Headed For The Retail Banking Industry

Source – https://unsplash.com/photos/blue-and-white-unks-coffee-shop-signage-0O2Pp6-mOkY Over the course of this decade, the retail banking industry is set to witness more twists and turns than a rollercoaster at Six Flags. Plenty of changes, challenges,



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