Tag: Energy sector
UK: Energy minister to ‘flex muscles’ over rising bills in response...
The British government will flag "decisive action" on rising energy bills when it publishes its response is not finalized to an investigation by the...
US: ConocoPhillips to get up to $3 billion from sale of...
ConocoPhillips announced on Thursday a deal to sell its San Juan Basin assets for up to $3 billion to an affiliate of Hilcorp Energy.
Under...
US: NuStar Energy purchasing Navigator for $1.47bn
NuStar Energy today announced that it has entered into a definitive agreement to acquire Navigator Energy Services, for approximately $1.475 billion, subject to purchase...
EU: Utilities back Gazprom settlement
Some big utilities in eastern Europe are backing a proposed antitrust settlement with gas exporter Gazprom, increasing the chances of a deal that is...
China: Merger to create a $241 billion energy giant
China’s state-owned enterprise regulator has asked coal mining giant Shenhua Group and power generator China Datang to discuss a possible merger, according to people...
EU: Mega-Wind farm offshore Denmark clears antitrust hurdle
The European Union's antitrust chief said Tuesday that the bloc's Executive Commission has approved Danish government subsidies for a large proposed offshore windfarm in...
EU: EC wins Gazprom cooperation
Russia’s state-owned gas producer, Gazprom, has agreed to a series of concessions to address the European Union’s concerns about its market dominance in the...
UK: Exxon-BP acquisition talk resurfaces
US energy giant ExxonMobil has reportedly gauged potential interest among BP’s major shareholders regarding a possible takeover, British newspaper Evening Standard reported on Friday.
According...
EU: Brussels clears Hungary to build Russia-financed nuclear reactors
The European Union has cleared Hungary to provide state aid to build two nuclear reactors with Russian help after Budapest made commitments to safeguard...
