Tag: Oil and Gas
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Sunoco Completes Cash-and-Stock Deal to Buy Parkland
Sunoco Finalizes Acquisition of Parkland in a Historic Energy Deal Sunoco LP has closed its long-anticipated acquisition of Parkland Corp., a deal that reshapes North America’s energy landscape. Valued at US$9.1 billion including assumed debt at the time of announcement in May, the cash-and-stock transaction represents a significant move for both companies as they align…
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Economic hurdles could sink Woodside’s Browse gas project
The economic stakes behind Woodside’s Browse project Oil and gas giant Woodside has long eyed the Browse offshore gas fields off Western Australia as a potential game changer for Australia’s energy landscape. Yet as opposition to the project has largely focused on its environmental footprint—near Scott Reef, potential coral damage, and carbon emissions—another critical factor…