DB Cargo UK has been put up for sale as part of a restructuring by its parent company, which is focusing on key European markets. The new owner is expected to provide the company with access to capital and support its further development, despite the challenging situation in the industry.
Shell has announced the sale of its portfolio of onshore renewable energy assets in Europe to TotalEnergies. This deal reflects Shell's strategic shift and the reallocation of investments toward higher-priority areas. The transfer of assets is expected to be completed by 2026.
American company Matador Resources has finalized deals to acquire oil and gas fields in the Delaware Basin, expanding its land holdings to 240,000 acres. The company expects proven reserves to increase by 55 million barrels of oil equivalent and anticipates lower drilling costs in the newly acquired regions.
Shell is selling part of its assets in the US Gulf of Mexico to Talos Energy and Ridgewood Energy for $1.7 billion. The deal includes stakes in the Na Kika and Coulomb platforms and is expected to be completed by the end of 2026.
Ontario Teachers’ Pension Fund’s net assets reached 279.4 billion Canadian dollars, increasing over the year thanks to a 6.7% return. Despite this growth, the return was below the benchmark, but the fund has maintained its fully funded status for the thirteenth consecutive year.
Vectus
