Natural Gas, Acquisition | featured news

GE to buy oil pump maker Lufkin for nearly $3 billion

General Electric Co is buying oilfield pump maker Lufkin Industries Inc for $2.98 billion, sharply increasing its presence in the fast-growing market to extract oil and natural gas from shale rock, the conglomerate said on Monday.

 

Exxon’s Natural Gas Holdings Grow With $31 Billion Deal

Exxon’s Natural Gas Holdings Grow With $31 Billion Deal

Exxon’s purchase of XTO, which has expertise in the growing area of shale gas, is one of the biggest energy deals in years.

 

Subscribe to this RSS topic: Syndicate content