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mergers

(Photographer: Daniel Acker/Bloomberg)

Midstream transactions drove oil and gas deals in the second quarter

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During the second quarter, analysts at PwC tracked 47, $50 million-or-larger oil and gas deals, totaling $38.8 billion.
(Photographer: Daniel Acker/Bloomberg)

Williams to evaluate sale before merger vote

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The Williams Cos. said Wednesday it wouldn’t hold a shareholder vote on its proposed $13.8 billion consolidation until after the company finishes evaluating a potential sale.
Roughnecks take a break from working the Peterson Drilling Company rig in Carlsbad, New Mexico, February 26, 2000.  (Photo by Joe Raedle)

Oil companies on the lookout for M&A deals as slump lingers, reports say

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With oil prices struggling to rebound to 2014’s highs of $100 per barrel, more exploration and production companies will be on the prowl for deals to fuse together or gobble up competitors, Moody’s said.
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CERAWeek: BP CEO says don’t expect wave of energy mergers yet

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BP CEO Bob Dudley says he doubts there will be a surge of corporate consolidation in the energy industry – effectively a repeat of the mega deals in late-1990s bust that created mammoth oil firms – unless oil prices stay low for long.
(From left to right) IHS Vice Chairman Daniel Yergin interviews Alaska Sen. Lisa Murkowski and ConocoPhillips CEO Ryan Lance at the 2015 IHS Energy CERA Week (Brett Coomer/Houston Chronicle)

Ryan Lance at CERAWeek: Production cuts now could lead to big price swings later

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Oil prices may rebound, but volatility is here to stay, ConocoPhillips CEO Ryan Lance predicted Monday.
(Kristian Helgesen/Bloomberg)

Shell’s BG deal adds to North Sea job concern after oil collapse

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Shell, employing about 2,400 across the North Sea, targets $2.5 billion of pretax “synergies” a year across the globe from the deal, including staff cuts.
Martin Craighead, president and CEO of Baker Hughes Incorporated, speaks at the facility located at 9110 Grogans Mill Road Monday, Feb. 3, 2014, in The Woodlands. (Melissa Phillip/Houston Chronicle)

Baker Hughes’ CEO talked with global conglomerate before Halliburton deal

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The CEO of Baker Hughes had met with a global conglomerate in Europe just weeks before his company struck a $35 billion deal to sell itself to Halliburton, new corporate disclosures show.
Michael O'Mara

Halliburton-Baker Hughes deal would rank among top 20 energy deals of last 20 years

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Data shows that the 20 biggest oil and gas deals of the last century have all been announced since 1998.
Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)

Anadarko CEO: Lower oil prices could bring more acquisitions

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A decline in oil prices may offer up discounts for key acquisitions in Colorado and elsewhere, Anadarko CEO Al Walker said.
(Jason Alden/Bloomberg)

Louisiana utility company to be bought for $3.4 billion

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Investors led by Australia’s Macquarie Group Ltd. agreed to buy Louisiana utility Cleco Corp. for $3.4 billion in cash, attracted by the steady, long-term returns of regulated power assets.