Phillips 66 announced it has agreed to acquire Pinnacle Midland Parent LLC (Pinnacle) from private equity firm Energy Spectrum Capital for cash consideration of $550 million in a strategic move to expand its natural gas gathering and […]
HOUSTON, May 20, 2024 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) announced today the sale of non-core producing properties by Apache Corporation and certain of its subsidiaries in two separate transactions with aggregate proceeds of […]
When JPMorgan Chase’s Chief Executive Jamie Dimon talks, financial markets listen. He helms the world’s largest U.S. and fifth-biggest bank, with $4.1 trillion of assets. Dimon, 68, has made his name steering several banks through tough times […]
The national energy market operator has issued new warnings of possible summer blackouts in coming years, due to delays in key transmission projects and looming retirements of coal generators. The Australian Energy Market Operator (AEMO) […]
Coal still holds about 16% share of electricity generation. Coal is declining, but not at the fast pace environmental campaigners and enthusiasts would have liked to. But coal-fired power generation could rise in the summer, […]
(Bloomberg) – D.E. Shaw & Co., one of the top 15 shareholders in Hess Corp., plans to abstain from voting on the oil company’s $53 billion acquisition by Chevron Corp., becoming the second major investor […]
Transaction advances company’s wellhead-to-market strategy HOUSTON, May 20, 2024–(BUSINESS WIRE)–Phillips 66 (NYSE: PSX) announced today it has agreed to acquire Pinnacle Midland Parent LLC (Pinnacle) from private equity firm Energy Spectrum Capital for cash consideration […]
2024 has not been kind to the electric vehicle, particularly in the United States. Sales are down, Tesla laid off staff, and EVs have been caught in the political crosshairs. The future of transportation may […]
August and September are great months to be a professional climate alarmist like Dr. Michael Mann of the University of Pennsylvania. You have hurricanes making landfall, wildfires seemingly everywhere, the odd F-4 tornado wreaking devastation, and you […]
President Joe Biden’s plan to build a “clean” hydrogen industry is raising concerns about a lack of regulations for transporting the fuel, a gap that could hinder the administration’s efforts to cut emissions. To deliver […]
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