Direct Energy buys Bounce Energy for social media savvy
Direct Energy, a national energy and energy-related services company, purchased the privately-held retailer, playing to use Bounce Energy’s digital marketing and e-commerce skills to grow its national...
View ArticleApache’s $3.1 billion Egypt sale cheered on Wall Street
Apache Corp.’s stock price shot up 8.1 percent in early trading Friday, a day after the company agreed to sell a third of its Egyptian oil and gas assets to China’s Sinopec.
View ArticleState regulators OK NV Energy sale to MidAmerican
Nevada utility regulators gave their approval Monday for the sale of the state's largest electric utility to a company controlled by billionaire Warren Buffett.
View ArticleHouston companies to form major Gulf oil producer in $1.5B deal
Energy XXI said Wednesday it is planning to pay $1.5 billion to buy EPL Oil & Gas, a rare corporate acquisition that would make it the largest public oil producer in the shallow waters of the Gulf...
View ArticleEnergy XXI chief: Massive Gulf merger will drive oil field growth (photos)
Energy XXI’s $1.5 billion deal to buy another offshore oil and gas producer is a rare breed in the energy industry, as corporate acquisitions have given way to a slew of asset transactions in recent...
View ArticleSanchez to buy Shell’s Eagle Ford assets in $639M deal
Sanchez Energy Corp. announced Wednesday a $639 million deal to purchase 106,000 of net acres from Shell subsidiaries in the Eagle Ford Shale.
View ArticleMarathon Oil to sell Norway business for $2.1B
Marathon Oil Corp. struck a deal Monday to sell its Norwegian offshore oil-production business for $2.1 billion, its latest move to lighten its load and concentrate on U.S. shale basins.
View ArticleKinder Morgan to unite a house divided in $44 billion deal
Kinder Morgan Inc. will acquire three publicly traded subsidiaries in a $44 billion deal combining the components of the giant Houston-based pipeline empire.
View ArticleRussian oligarch owns big stakes in Dresser-Rand, potential Swiss buyer
Dresser-Rand Group and its potential Swiss industrial buyer have at least one thing in common: An ultra-rich Russian metallurgy and energy tycoon with ties to Moscow.
View ArticleSouthwestern Energy to pay $300M for gas-rich land in Pennsylvania
Southwestern Energy Co. is planning to pay $300 million for thousands of acres in a natural gas-rich region of Pennsylvania, little more than six weeks after its multibillion-dollar purchase of gas...
View ArticleNoble Energy to buy Rosetta Resources for $2.1 billion
Noble Energy will buy Rosetta Resources in a $2.1 billion deal that gives Noble a footprint in the Eagle Ford and Permian Basin, two of the largest shale plays in the United States.
View ArticleDemocratic senator says he’s open to oil exports
Michael Bennet's comments make him the latest Senate Democrat to suggest he is open to oil exports -- even if the support is predicated on other changes.
View ArticleOil exports bill sails through House panel
The House Energy and Power Subcommittee approved legislation to authorize oil exports, but saved the hard work for later.
View Article
