Saudi Arabia has enormous oil reserves, the largest economy in the Arabian Gulf region, a young population, steadily increasing GDP, and ambitious growth plans.
Activity in the M&A market has certainly been accelerating in recent months with more than 65 transactions announced totaling a reported aggregate value of approximately $20.3 billion since January.
Tudor, Pickering, Holt & Co. was formed in 2007 with the merger of Tudor Capital and Pickering Energy Partners. What was your vision for the firm when you and Dan decided to join forces?
Doubtless, 2009 was a year of considerable challenge for many, but opportunity for some, and the fundamental outlook for the oil and gas sector continues to look positive.
Changes in the global political and economic environment and the desire to become integrated energy companies have led to an evolution in the Chinese NOCs' global expansion plans.
ExxonMobil's $40.4 billion acquisition of Fort Worth-based XTO Energy topped the list of North American energy deals in 2009. Announced on Dec. 14, the transaction came with only two weeks to go in the calendar year.
Fourth-quarter 2009 financial results for the OGJ150 group of publicly traded oil and gas producers are dramatically different from the same period in 2008 when the United States and indeed most of the world seemed to have fallen into an economic abyss.
Houston businessman and chairman of Enterprise Products Partners LP, Dan L. Duncan, passed away unexpectedly at his home the night of March 28, 2010 at the age of 77.
