Tanay Dhumal

2 weeks ago | reuters.com | Tanay Dhumal |Arunima Kumar

Exxon Mobil signage is displayed at the JEC World Composites Show at the Villepinte Exhibition Center, near Paris, France, March 4, 2025. REUTERS/Benoit Tessier/File Photo May 20 (Reuters) - Dealmaking in the U.S. oil patch has slowed to a crawl in 2025, with the activity expected to stay muted for the rest of the year, as some prolific buyers focus on squeezing out value from their past acquisitions, while others curb their appetite for takeovers due to weak oil prices and trade uncertainty.

2 weeks ago | today.westlaw.com | Arunima Kumar |Anil D'Silva |Tanay Dhumal

(Reuters) - Dealmaking in the U.S. oil patch has slowed to a crawl in 2025, with the activity expected to stay muted for the rest of the year, as some prolific buyers focus on squeezing out value from their past acquisitions, while others curb their...

2 weeks ago | sg.finance.yahoo.com | Tanay Dhumal

Tanay Dhumal Mon, 19 May 2025 at 6:38 am GMT-4 2 min read By Tanay Dhumal (Reuters) -Blackstone Infrastructure will acquire utility company TXNM Energy in an $11.5 billion deal, including debt, as the investment firm bets on rising U.S. electricity demand and a shift to cleaner energy sources.

3 weeks ago | today.westlaw.com | Tanay Dhumal |Tasim Zahid

(Reuters) -Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led consortium, valuing the unit at $2.8 billion, as the U.S. refiner moves to streamline its portfolio amid pressure...

3 weeks ago | today.westlaw.com | Vijay Kishore |Tanay Dhumal |Amanda Stephenson |Rod Nickel

(Reuters) -Canadian pipeline operator Enbridge is selling a stake in its Westcoast natural gas system to a consortium of 36 First Nations, the first deal to include financing from a new federal loan program aimed at helping Indigenous groups own...