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Market
Which LNG player will react first to Shell's acquisition of Pavilion Energy?
4
Resolution / Starting Odds
ExxonMobil • 25%
Chevron • 25%
TotalEnergies • 25%
BP • 25%
Official statements or announcements from major LNG companies, financial news outlets like Bloomberg or Reuters
Story
Shell Leads Bid to Acquire Pavilion Energy LNG Assets in $2 Billion Deal
Jun 13, 2024, 06:56 AM
Shell has emerged as the lead bidder to acquire assets from Pavilion Energy, a liquefied natural gas (LNG) trading firm. Singapore's Temasek Holdings, the seller, was seeking a valuation of at least $2 billion for the assets. This deal will significantly bolster Shell's LNG activities, as the company is already the largest player in the LNG market. Sources indicate that the deal is nearing finalization.
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United States • 33%
Russia • 33%
Other • 34%
Chevron acquires new assets • 33%
ExxonMobil acquires new assets • 33%
No major competitive reactions • 34%
Shell • 25%
ExxonMobil • 25%
TotalEnergies • 25%
BP • 25%
Increase in competing acquisitions • 33%
No significant changes • 34%
Reduction in investments • 33%
Increase in sustainability initiatives • 33%
No significant change in operations • 33%
Increase in lobbying activities • 34%
Positive market reaction • 33%
Negative market reaction • 33%
Neutral market reaction • 34%
ExxonMobil • 25%
Chevron • 25%
BP • 25%
Shell • 25%
Announce support for Anglo American • 25%
Express interest in bidding for Anglo American • 25%
Remain neutral or silent • 25%
Support BHP's efforts • 25%
Deny involvement • 33%
Admit minor involvement • 33%
Admit significant involvement • 34%
