Tag: Energy
Ofgem Chief Wants To Resolve UK Energy Groups’ Disputes
The head of Britain’s energy regulator has sought to defuse a row with network companies including National Grid over permitted profits, after being accused...
US OKs Chevron’s $5B Acquisition Of Noble Energy
US officials have approved energy giant Chevron to continue its acquisition of Noble Energy, Weld County’s second-largest energy producer.
The US$5 billion merger was given...
German E.ON Sells Innogy’s Retail Business To Hungary’s MVM
German utilities giant E.ON will sell its entire end-customer electricity and gas business in the Czech Republic to Hungarian energy group MVM, E.ON said...
Mexico Court Backs Competition Watchdog in Energy Clash
Mexico’s Supreme Court has upheld a complaint by antitrust regulator Cofece against an attempt by the energy ministry to stop new renewable power plants...
Mexico’s COFECE Takes On Government Over Energy Policy
Mexico’s antitrust regulator stated on Monday, June 22, it had filed a suit at the Supreme Court against the energy ministry, arguing that steps...
US: WPX Energy expands with $2.5B Felix deal
WPX Energy announced on Monday, December 16, it would buy privately held Felix Energy in a US$2.5 billion deal, as the Permian Basin operator...
US: DTE Energy acquires Louisiana pipeline system for $2.5B
DTE Energy’s midstream business announced on Friday, October 18, it would buy a natural gas gathering system and pipeline in Louisiana’s Haynesville shale formation...
Netherlands: Consortium to buy Eneco
On Thursday, July 18, Dutch lender Rabobank announced that it has formed a consortium with investment firm KKR seeking to buy utility Eneco, according...
Italy: Renewable energy initiative approved under state aid rules
The European Commission has ruled that a €5.4 billion (US$6.1 billion) Italian renewable energy initiative is permissible under the EU’s rules governing state aid.
The...
EU: Commission says Serbia’s TurkStream branch to impede competition
The European Union’s energy watchdog said on Thursday a planned section of Gazprom’s TurkStream pipeline set to carry Russian natural gas across Serbia to...
