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Category: Energy & Utilities

Shell M&A Chief Greg Gut Resigns After CEO Blocks Bold BP Acquisition Push

Shell M&A Chief Greg Gut Resigns After CEO Blocks Bold BP Acquisition Push

  • December 16, 2025
  • 0 Comments
  • By CorpDev
Shell's head of mergers and acquisitions, Greg Gut, has departed the company following CEO Wael Sawan's rejection of an internal proposal to acquire rival BP, exposing deep boardroom divides over...
Posted in Energy & Utilities
U.S. Treasury Blocks Xtellus Bid for Lukoil’s International Assets — What It Means for M&A, Sanctions and Strategic Buyers

U.S. Treasury Blocks Xtellus Bid for Lukoil’s International Assets — What It Means for M&A, Sanctions and Strategic Buyers

  • December 15, 2025
  • 0 Comments
  • By CorpDev
The U.S. Treasury has rejected a cashless bid led by U.S. bank Xtellus Partners to acquire Lukoil’s foreign assets, a decision that preserves existing sanctions constraints on transactions...
Posted in Energy & Utilities
Vital Energy Stockholders Approve Merger with Crescent Energy — Deal to Close December 15, 2025

Vital Energy Stockholders Approve Merger with Crescent Energy — Deal to Close December 15, 2025

  • December 13, 2025
  • 0 Comments
  • By CorpDev
Vital Energy stockholders approved the previously announced merger with Crescent Energy, clearing a key governance step for the all‑stock transaction that is expected to close on December 15,...
Posted in Energy & Utilities
Blackstone Takes Majority Control of Newly Merged MacLean-PGC Utility Infrastructure Platform

Blackstone Takes Majority Control of Newly Merged MacLean-PGC Utility Infrastructure Platform

  • December 11, 2025
  • 0 Comments
  • By CorpDev
Blackstone has solidified its position as a leading investor in North America’s utility infrastructure sector by acquiring majority ownership of the newly merged MacLean Power Systems (MPS) and...
Posted in Energy & Utilities
Apollo and Capital Power Launch $3 Billion Partnership to Acquire U.S. Gas-Fired Power Plants

Apollo and Capital Power Launch $3 Billion Partnership to Acquire U.S. Gas-Fired Power Plants

  • December 11, 2025
  • 0 Comments
  • By CorpDev
Private equity giant Apollo Global Management has entered a strategic $3 billion joint venture with Canadian utility Capital Power to acquire U.S. natural gas-fired power plants, marking a...
Posted in Energy & Utilities
United Lithium Advances Nordic Strategic Metals Platform with Definitive Acquisition of Swedish Minerals AB

United Lithium Advances Nordic Strategic Metals Platform with Definitive Acquisition of Swedish Minerals AB

  • December 10, 2025
  • 0 Comments
  • By CorpDev
United Lithium Corp. (CSE: ULTH; OTCQX: ULTHF; FWB: 0UL) has entered into a definitive Share Exchange Agreement to acquire 100% of Swedish Minerals AB (“SM”), marking a significant expansion of...
Posted in Energy & Utilities
Constellation Energy’s $26.6 Billion Calpine Acquisition: Reshaping America’s Power Landscape Amid AI-Driven Energy Demand

Constellation Energy’s $26.6 Billion Calpine Acquisition: Reshaping America’s Power Landscape Amid AI-Driven Energy Demand

  • December 7, 2025
  • 0 Comments
  • By CorpDev
```html Constellation Energy Corporation's acquisition of Calpine Corporation received final regulatory clearance from the U.S. Department of Justice on December 5, 2025, marking a transformative...
Posted in Energy & Utilities
Baker Hughes to Acquire Chart Industries, Accelerating Energy & Industrial Technology Strategy

Baker Hughes to Acquire Chart Industries, Accelerating Energy & Industrial Technology Strategy

  • July 29, 2025
  • 0 Comments
  • By CorpDev
Baker Hughes has agreed to acquire Chart Industries in a $13.6 billion all-cash transaction, marking a pivotal shift in its strategy to dominate high-growth markets like LNG, data centers, and...
Posted in Energy & Utilities
Governance Under Scrutiny: Investor Lawsuit Challenges Chevron’s $53 Billion Hess Acquisition

Governance Under Scrutiny: Investor Lawsuit Challenges Chevron’s $53 Billion Hess Acquisition

  • July 11, 2025
  • 0 Comments
  • By CorpDev
The Police & Fire Retirement System of Detroit has filed a derivative lawsuit against Hess Corporation, alleging governance failures in the $53 billion Chevron acquisition. The suit claims Hess...
Posted in Energy & Utilities
Rosneft’s Strategic Retreat: Reliance in Talks for $17 Billion Nayara Energy Stake

Rosneft’s Strategic Retreat: Reliance in Talks for $17 Billion Nayara Energy Stake

  • June 29, 2025
  • 0 Comments
  • By CorpDev
Russian energy giant Rosneft has initiated preliminary discussions with Reliance Industries to divest its 49.13% stake in Nayara Energy, a strategic asset featuring India's second-largest...
Posted in Energy & Utilities

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