© 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
The Mexican Law Firm with International Repute
Legal
06/05/2022The Mexican Law Firm with International Repute

Bryan, Gonzalez Vargas & Gonzalez Baz, the ‘Leading M&A and Corporate Restructuring Law Firm of the Year’ for Mexico, has secured itself as a cornerstone law firm for the country in which it operates.

Read Full PostRead - Eye Icon
Pulling the Strings: Gibson Guitar Corp
Strategy
18/03/2015Pulling the Strings: Gibson Guitar Corp

We spoke to Henry Juszkiewicz, who is Chairman and CEO of the famous Gibson Guitar Corp.

Read Full PostRead - Eye Icon
5 Tips For Relocating Your Business To Georgia
Strategy
04/02/20215 Tips For Relocating Your Business To Georgia

Whether it’s because of the GRAD program, the 6 percent corporate tax rate, or one of the many grants and loans available for business relocation, many businesses decide to move to Georgia. Georgia is home to Google, NCR, UPS, General Mills, Boeing, and Home

Read Full PostRead - Eye Icon
10 Industries That Must Adopt The Use Of e-Signatures In 2023
Innovation
13/04/202310 Industries That Must Adopt The Use Of e-Signatures In 2023

Electronic signatures (e-signatures) are becoming increasingly important across various industries as the world becomes more digitized and environmentally conscious. E-signatures are more convenient and secure, saving time while simultaneously reducing your ca

Read Full PostRead - Eye Icon
Local SEO Strategies for Service Providers: Ranking Higher in Searches
News
29/08/2023Local SEO Strategies for Service Providers: Ranking Higher in Searches

Local SEO is a linchpin for service providers striving to improve their online presence or to connect with their target audience effectively. Optimizing a website for local search can make all the difference in attracting nearby customers or clients. As an int

Read Full PostRead - Eye Icon
Bermuda: Poised for Economic Recovery
Finance
07/10/2015Bermuda: Poised for Economic Recovery

Oyster Consulting provides comprehensive and cost-effective compliance and operational consulting to the financial services industry.

Read Full PostRead - Eye Icon
The Possibilities of P2P Lending
Finance
01/07/2016The Possibilities of P2P Lending

Saving Stream is a highly innovative peer to peer investment platform launched in 2013 by Lendy Ltd. Generally speaking, peer to peer lending allows investors to finance development projects and property purchases.

Read Full PostRead - Eye Icon
Maybelline New York Introduces its Conscious Together Programme
Corporate Social Responsibility
28/01/2022Maybelline New York Introduces its Conscious Together Programme

The Conscious Together programme aims to create a more responsible business model for the brand by transforming its processes, innovations, and mindset to reduce its impact on the planet, with four ambitions set to be achieved by 2030.

Read Full PostRead - Eye Icon
Meet Wonder: Wonderflow’s Revolutionary New Generative AI Product
Innovation
11/07/2023Meet Wonder: Wonderflow’s Revolutionary New Generative AI Product

Wonderflow, a market-leading consumer insights technology company, has released its most groundbreaking product yet: Wonder, a revolutionary new Generative AI product. Powered by the world's largest data lake, Wonder gives businesses instant insights and sugge



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