INEOS makes major $1.4 billion acquisition of US onshore oil and gas assets
February 23, 2023
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chembizr
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Amid the energy crisis, geopolitics, and transition towards green energy, the oil and gas market is becoming both attractive and volatile. For feedstock security, INEOS made a $1.4 billion acquisition of US onshore oil and gas assets in Texas. With this investment, INEOS can mark its entry as an operator into the US onshore oil and gas market, which in the long run will strengthen its position in the US market.