© 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
Festive Philanthropy: Five Tips to Gift Well
Corporate Social Responsibility
15/12/2022Festive Philanthropy: Five Tips to Gift Well

In the midst of the plethora of challenges facing us all, those who are fortunate to have something to spare may be seeking ways to support causes close to their hearts this Christmas, the peak time for charitable giving. But with so many worthy causes, how do

Read Full PostRead - Eye Icon
Most Influential Woman in International Contract Law 2019 – Kuwait
Innovation
09/01/2020Most Influential Woman in International Contract Law 2019 – Kuwait

With over twenty years of legal experience in Kuwait, during which she has held the roles of Assistant Director of the legal department at Ahli United Bank, Chair of the Economic Committee of the Kuwait Lawyers Association for two years. Editor-in-Chief of Leg

Read Full PostRead - Eye Icon
The Hidden Cost of Overuse and Misuse of Data Storage
News
06/08/2025The Hidden Cost of Overuse and Misuse of Data Storage

Most organisations are storing far more data than they use, and while keeping it “just in case” might feel like the safe option, it’s a habit that can quietly chip away at budgets, performance, and even sustainability goals.

Read Full PostRead - Eye Icon
One Sheldon Square Acquired for £210 million
Finance
15/04/2015One Sheldon Square Acquired for £210 million

British Land has completed the acquisition of One Sheldon Square, Paddington Central, for £210m from the Employees Provident Fund, Malaysia.

Read Full PostRead - Eye Icon
Time Management for Business Owners
Leadership
18/05/2020Time Management for Business Owners

If you own a small business, you’re most likely not a stranger to juggling many tasks. Between meeting deadlines, communicating with customers, and keeping track of payments, it can feel like your list of things to do never ends. Time management is perh

Read Full PostRead - Eye Icon
Experts in Coaching
Leadership
16/10/2017Experts in Coaching

Experts in Coaching

Read Full PostRead - Eye Icon
Bridging Success in 2015
Strategy
31/01/2015Bridging Success in 2015

There is currently a huge appetite for short- and medium-term property loans across the UK, and Dragonfly Property Finance is leading the way.

Read Full PostRead - Eye Icon
Leading Legal Firm Inspired by Italian Ingenuity
Leadership
07/10/2019Leading Legal Firm Inspired by Italian Ingenuity

Founded in 2013 by a group of highly experienced lawyers from top-tier Italian legal practices, STARCLEX – Studio Legale Associato Guglielmetti specialises in providing day-by-day and extraordinary legal advice to listed and private companies. Find out why t

Read Full PostRead - Eye Icon
Insurers Set to Embrace Wearable Technologies
Finance
05/05/2015Insurers Set to Embrace Wearable Technologies

Nearly two-thirds of insurers expect wearable technologies to have a significant impact on their industry, according to a survey of more than 200 insurance executives as part of Accenture’s annual Technology Vision report.



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