© 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
Clear Vision and Self-Efficacy
News
16/03/2023Clear Vision and Self-Efficacy

Antonio Panico founded Business Coaching Italia (BCI), of which he is CEO, in 2018. The first company in Italy to coach companies in a specialised way.

Read Full PostRead - Eye Icon
When Is the Right Time to Seek IT Consulting Services?
News
19/11/2021When Is the Right Time to Seek IT Consulting Services?

The rise of the internet and the development of information technology (IT) have enabled businesses to promote their operations from local to international markets. This involves using computer tools and programs to connect with customers, workers, and other s

Read Full PostRead - Eye Icon
Balancing Digital Growth With Tangible Asset Security
Finance
02/02/2026Balancing Digital Growth With Tangible Asset Security

Markets reward novelty, so portfolios often drift toward whatever has been rising. Digital holdings can expand quietly until one platform or theme dominates day-to-day wealth planning. Balancing digital growth with tangible asset security starts with clear def

Read Full PostRead - Eye Icon
MUFG Investor Services to Acquire Capital Analytics from Neuberger Berman
Finance
04/02/2016MUFG Investor Services to Acquire Capital Analytics from Neuberger Berman

MUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, has reached an agreement with Neuberger Berman, one of the world’s leading private, employee-owned investment managers, to acquire its private equity fund administrat

Read Full PostRead - Eye Icon
How to Avoid Low Quality Content on your Business Website
News
15/03/2022How to Avoid Low Quality Content on your Business Website

If you’re up to date on the best SEO practises to boost your campaign, then you’ll likely know that content is a key factor taken into account by search engines when working to define the context of a webpage, ultimately using this information to deter

Read Full PostRead - Eye Icon
The Global Tax [r]Evolution
Finance
14/10/2015The Global Tax [r]Evolution

One of the consequences of operating in an increasingly globalised and digitalised world, is that borders blur and taxing rights between countries become a hotly contested topic.

Read Full PostRead - Eye Icon
Banking Industry Should Learn from Telecoms Sector in Approach to Product Sales
Finance
12/12/2016Banking Industry Should Learn from Telecoms Sector in Approach to Product Sales

Specialist management consultancy Baringa Partners responds to the news that HSBC has closed 200 branches this year.

Read Full PostRead - Eye Icon
Handling Fleet Accidents: A Field Guide For Managers & Operators
Leadership
05/01/2023Handling Fleet Accidents: A Field Guide For Managers & Operators

Accidents are a part and parcel of managing a large and active fleet, and is something that fleet managers and operators should be ready for at all times.

Read Full PostRead - Eye Icon
Changing Perception On Collecting Information
Innovation
28/01/2020Changing Perception On Collecting Information

Conventionally, data mining in biomedicine in the ‘omics’ era refers to a bioinformatics approach that combines key concepts of biology with advanced computer tools or statistical methods that are primarily used to discover, select and prioritize targets.



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