Woodside Energy Acquires OCI's 1.1 Mtpa Clean Ammonia Project in Beaumont, Texas

Methanex Acquires OCI Methanol from OCI Global for $1.6 Billion

June 27, 2025

Energy

Methanex Corporation has completed the acquisition of 100% of OCI Global's methanol business (OCI Methanol) for USD 1.6 billion on a cash‑free, debt‑free basis, consisting of approximately USD 1.3 billion of cash and 9.9 million Methanex common shares. The deal transfers multiple methanol production assets (including facilities in Beaumont, Texas and Delfzijl, Netherlands, and OCI's HyFuels low‑carbon business) to Methanex and enables OCI to return capital to shareholders and reduce debt.

Woodside Acquires Tellurian Inc. for Approximately $900 Million

July 21, 2024

Energy

Woodside Energy Group Ltd and its U.S. acquisition vehicles have acquired all outstanding shares of Tellurian Inc. in an all-cash transaction of $1.00 per share (approximately $900 million cash; implied enterprise value ~ $1.2 billion). The deal closed in Q4 2024, making Tellurian a wholly owned subsidiary of Woodside and bringing the Driftwood LNG project into Woodside's portfolio (renamed Woodside Louisiana LNG).

Methanex Corporation Acquires OCI Methanol from OCI Global

June 27, 2025

Energy

Methanex Corporation has completed the acquisition of 100% of OCI Global’s methanol business (OCI Methanol) for a total consideration of USD 1.6 billion on a cash-free, debt-free basis, consisting of approximately USD 1.3 billion of cash and 9.9 million Methanex common shares (≈USD 346 million). The deal includes OCI’s 50% interest in the Natgasoline joint venture and gives OCI a ~12.9% stake in Methanex; OCI also announced plans to return up to USD 1.0 billion to shareholders following the closing.

JSW Neo Energy Acquires O2 Power from EQT and Temasek for $1.5B

December 27, 2024

Renewable Energy

JSW Neo Energy, a wholly owned subsidiary of JSW Energy, has agreed to acquire O2 Power from EQT Infrastructure IV and Temasek for USD 1.5 billion. O2 Power, headquartered in Gurgaon, India, is a utility-scale renewable energy platform with c.4.7 GW of secured capacity and a team of over 300 employees.

Energy Transfer Acquires WTG Midstream for $3.25 Billion

May 28, 2024

Oil & Gas

Energy Transfer LP agreed to acquire WTG Midstream Holdings LLC in a transaction valued at approximately $3.25 billion, comprising $2.45 billion in cash and ~50.8 million newly issued Energy Transfer common units. The deal, from affiliates of Stonepeak, the Davis Estate and Diamondback Energy, adds WTG's Permian-focused midstream assets — including a 6,000-mile pipeline network, eight processing plants (≈1.3 Bcf/d) and a 20% interest in the BANGL NGL pipeline — to Energy Transfer's footprint to enhance its gas/NGL supply, processing and downstream capabilities.

Occidental Agrees to Acquire Carbon Engineering for Approximately $1.1 Billion

August 15, 2023

Energy

Occidental (through a wholly owned subsidiary) has entered into a definitive agreement to acquire Carbon Engineering Ltd. for approximately $1.1 billion in cash, payable in three roughly equal annual installments. The deal — which will make Carbon Engineering a subsidiary of Oxy Low Carbon Ventures upon closing — is intended to accelerate deployment and commercialization of direct air capture (DAC) technology and expand Occidental's low-carbon capabilities.