News
17 June 2022

Targa to buy Lucid Energy in $3.55bn deal

In:
Oil & gas
Region:
Americas

US oil and gas infrastructure company Targa Resources has agreed to buy natural gas processor Lucid Energy Group for $3.55 billion in cash, using the financial benefits of high commodity prices to boost its presence in the Permian Basin.Owned by private equity firm Riverstone Holdings and Goldman...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
08 September 2025

A fruitful alliance: Trafigura signs Korea LNG contract

A new agreement between Trafigura and Korea’s public gas company will deliver a decade of LNG imports to Korean companies. It is another sign of Korea’s efforts to mitigate...

Perspective
12 September 2025

Satellite finance heads back into orbit

Changing business models and technologies have made it harder for ECAs and commercial banks to support satellite launches. But the demand for satellite connectivity is strong,...