A natural gas pipeline, and the logos of Tokyo Gas and Rockcliff Energy are seen in this illustration taken January 4, 2023. REUTERS/Dado Ruvic/Illustration/File PhotoA unit of Tokyo Gas has bought Texas-based natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for $2.7 billion, it said on Saturday.
The deal is part of Tokyo Gas' efforts to expand its North American shale gas operations to meet growing demand for natural gas, it said.
