Trending News: EU Urges Southeast Asia to Diversify Oil Supply without Leaning on Russia  Asia’s LNG Imports Hit 7-Year March Low as War Chokes Qatari SupplyOil Prices Dip as Trump Claims Iran is in “State of Collapse”After Record $19.50 Premium, Saudi Arabia Eyes Sharp Cut to June Asia PricesUSA Oil, Gas Workforce Shrinks in 7 of Last 10 YearsKawasaki awards hydrogen pump contract for Japan LH2 terminalDNV selected to approve UK CO2 transport network projectTRUMP ON GAS PRICES: Americans Should Expect to Pay More ‘For a Little While’“Time for Action”: Kimmeridge Releases Letter to the Future Board of Devon EnergyLNG impacts from UAE leaving Opec and scale of Gulf supply shock revealedLNG impacts from UAE leaving Opec and scale of Gulf supply shock revealedBP Profit More Than Doubles as War-Driven Oil Trading SurgesBrent Tops $111 as Analysts Raise Forecasts on Hormuz StalemateEni and Repsol Bet Big on Post-Maduro VenezuelaIranian Tankers Pile Up Outside Hormuz as U.S. Blockade TightensUAE Quits OPEC and OPEC+ as Hormuz Crisis Drags OnGerman state pledges €1.6m to expand hydrogen output for mobility supplyComment: Air Liquide projects business-as-usual amid the uncertaintyVideo | How helium supply volatility is driving equipment demandEvonik to supply membrane tech to Malaysia’s MTCOOil Prices Rise 3% as Iran War Stand-off PersistsChevron Likely to Close Deal for Singapore Refinery stake sale to Eneos in May, Sources SayMarket Correctly Pricing in Ongoing Supply RisksAir Liquide project backlog hits record €5.5bnAustralia’s CSIRO backs natural hydrogen and helium exploration studiesFirst LNG Tanker Breaks Hormuz BlockadeChina May Restart Fuel Exports as Domestic Stockpiles SurgeOman Electricity Transmission Company Achieves Investment Grade As Fitch Ratings Upgrades Rating To BBBMixed Market On April 28: Green Energy And EV Stocks Shine Despite Sensex, Nifty DeclineSteelAsia And Buskowitz Energy Partner For Philippines’ Largest Industrial Rooftop Solar ProjectAir Liquide sees ‘opportunity’ in helium as market squeeze continuesReopening Ras Laffan “more important” than strait, says Air Liquide CEOReopening Ras Laffan “more important” than strait, says Air Liquide CEOHydron Energy deploys RNG upgrading system at BC landfill projectEnvironmental investigations begin for German 120km hydrogen pipelineDanantara Eyes $30 Billion Indonesia–Singapore Solar And Power Link ProjectAir Liquide sees year-on-year quarterly sales dipAir Liquide sees year-on-year quarterly sales dipGenusPlus Wins AU$110 Million Contract For 200 MW Koolunga Battery Storage Project In South Australia‘Renewed interest’ in hydrogen as energy fears rise, says Air LiquideAir Liquide sees ‘renewed interest’ in hydrogen as energy fears riseUS Energy secures five-year helium offtake agreement for Montana siteShell Bets $16.4 Billion On Canadian Gas In Major LNG Growth PushGermany Signals Major Allied Rupture Over U.S. Iran WarADNOC Sets Sights on U.S. Gas With Multibillion-Dollar Expansion PlanTrump Tackles Iran Proposal with AidesHyundai targets 400 hydrogen buses in Seoul as city phases out CNGBP quarterly profits more than double on back of conflictChinese battery swapping firm taps hydrogen OEM for power and mobility plansTwo Russian Diesel Cargoes Bound for Brazil Pivot East Toward EgyptFlushing of safety systems begins for Kudankulam unit 3Mining operations start at Wyoming projectUSA completes final deliveries for ITER’s central solenoidHot tests completed at second San’ao unitFuel loading begins for Bangladesh’s first nuclear power plantUnited Ends Pursuit of American Airlines After Merger Approach RebuffedOpenAI Breaks Off Microsoft Exclusivity to Free up Path for Amazon, Google DealsJapan’s Top Utility JERA Has Secured LNG Supply Through JulyCiti Raises Brent Forecast for 2026; Sees $150 Oil if Hormuz Disruption PersistsFed Likely to Hold Rates Steady as Powell Prepares for Possible Swan SongHeatwave Boosts India’s Power Demand to Record HighChina’s Cleantech Machine Hits Top Gear as Oil Markets CrumbleHormuz Disruptions Drive Crude Higher as U.S.-Iran Diplomacy StallsLNG Carrier Deliveries Set to Hit 100 This Year, Up 27% From 2025BP Shares Up 20% Since Iran War, Leading All SupermajorsUK paper mill installs biogenic carbon capture pilotUK paper mill installs biogenic carbon capture pilotGoldman Sachs Raises Oil Price Forecasts on Tight SupplyOil Up as US-Iran Peace Talks Stall…AgainEnergy Cluster Denmark to research transporting CO2 as dry iceVideo | The shift towards on-site helium recoveryChina’s Metals Boom Hits Highest Profit Levels Since 2016Sanctions Escalation Hits Chinese Refiners Tied to Iranian Crude TradeIndia’s Renewable Surge Cut Fossil Fuel Power Use in 2025New voluntary green ammonia certification scheme to be launchedEgypt talks up another large green ammonia projectPodcast | CO2 markets, fragility and improvementsINOXCVA launches LOX tank for submarine AIPEnergy Storage in the Desert Furnace: Hopewind’s Liquid-Cooled Central PCS Proves 51°C Rating Is a Business Imperative for IndiaShell’s scrapped Rotterdam blue hydrogen and biofuels assets up for saleShell’s scrapped Rotterdam blue hydrogen and biofuels complex up for saleProzeal Green Energy Limited Commences 8 MWp Solar Power Project in Kimbuva for Dr. Jivraj Mehta HospitalNew specialty gas plant in China to supply solar and chip sectorsAlarm Bells Will Ring Loudly If Hormuz Doesn’t Open in MayAl Ain City Municipality Launches Solar Soil Sterilization Project To Boost Sustainable Urban AgricultureGerman grid firms look to UK membrane-less electrolysers for hydrogen and oxygenLONGi Solar Achieves Class A Fire Resistance Certification, Reinforcing Safety Leadership in the RegionIndian Green Energy Stocks Outshine Markets With Strong Gains On April 27, 2026IEA’s Birol Says Iran War Will Permanently Cut Into Future Oil DemandGoldman Sachs Raises Oil Price Forecast Yet AgainGulf LNG shipping ‘last to recover’ in SeptemberEni Misses Q1 Earnings But Lifts Buyback To €2.8 BillionBaker Hughes Q1 Revenue Beats Estimates by $260 Million as LNG Orders SurgeFrench nuclear supply chain boosting capacityInner dome installed at Shidaowan unit 1Czech SMR project – early works contract signedStellaria, CEA to consider experimental MSR at CadaracheFunding pledge and tributes paid at Chernobyl anniversaryAnalysis: Is neon the next rising gas concern?Trump Tells Fox News Iran Can Call US if it Wants to Negotiate
Wed. Apr 29th, 2026
Trending News: EU Urges Southeast Asia to Diversify Oil Supply without Leaning on Russia  Asia’s LNG Imports Hit 7-Year March Low as War Chokes Qatari SupplyOil Prices Dip as Trump Claims Iran is in “State of Collapse”After Record $19.50 Premium, Saudi Arabia Eyes Sharp Cut to June Asia PricesUSA Oil, Gas Workforce Shrinks in 7 of Last 10 YearsKawasaki awards hydrogen pump contract for Japan LH2 terminalDNV selected to approve UK CO2 transport network projectTRUMP ON GAS PRICES: Americans Should Expect to Pay More ‘For a Little While’“Time for Action”: Kimmeridge Releases Letter to the Future Board of Devon EnergyLNG impacts from UAE leaving Opec and scale of Gulf supply shock revealedLNG impacts from UAE leaving Opec and scale of Gulf supply shock revealedBP Profit More Than Doubles as War-Driven Oil Trading SurgesBrent Tops $111 as Analysts Raise Forecasts on Hormuz StalemateEni and Repsol Bet Big on Post-Maduro VenezuelaIranian Tankers Pile Up Outside Hormuz as U.S. Blockade TightensUAE Quits OPEC and OPEC+ as Hormuz Crisis Drags OnGerman state pledges €1.6m to expand hydrogen output for mobility supplyComment: Air Liquide projects business-as-usual amid the uncertaintyVideo | How helium supply volatility is driving equipment demandEvonik to supply membrane tech to Malaysia’s MTCOOil Prices Rise 3% as Iran War Stand-off PersistsChevron Likely to Close Deal for Singapore Refinery stake sale to Eneos in May, Sources SayMarket Correctly Pricing in Ongoing Supply RisksAir Liquide project backlog hits record €5.5bnAustralia’s CSIRO backs natural hydrogen and helium exploration studiesFirst LNG Tanker Breaks Hormuz BlockadeChina May Restart Fuel Exports as Domestic Stockpiles SurgeOman Electricity Transmission Company Achieves Investment Grade As Fitch Ratings Upgrades Rating To BBBMixed Market On April 28: Green Energy And EV Stocks Shine Despite Sensex, Nifty DeclineSteelAsia And Buskowitz Energy Partner For Philippines’ Largest Industrial Rooftop Solar ProjectAir Liquide sees ‘opportunity’ in helium as market squeeze continuesReopening Ras Laffan “more important” than strait, says Air Liquide CEOReopening Ras Laffan “more important” than strait, says Air Liquide CEOHydron Energy deploys RNG upgrading system at BC landfill projectEnvironmental investigations begin for German 120km hydrogen pipelineDanantara Eyes $30 Billion Indonesia–Singapore Solar And Power Link ProjectAir Liquide sees year-on-year quarterly sales dipAir Liquide sees year-on-year quarterly sales dipGenusPlus Wins AU$110 Million Contract For 200 MW Koolunga Battery Storage Project In South Australia‘Renewed interest’ in hydrogen as energy fears rise, says Air LiquideAir Liquide sees ‘renewed interest’ in hydrogen as energy fears riseUS Energy secures five-year helium offtake agreement for Montana siteShell Bets $16.4 Billion On Canadian Gas In Major LNG Growth PushGermany Signals Major Allied Rupture Over U.S. Iran WarADNOC Sets Sights on U.S. Gas With Multibillion-Dollar Expansion PlanTrump Tackles Iran Proposal with AidesHyundai targets 400 hydrogen buses in Seoul as city phases out CNGBP quarterly profits more than double on back of conflictChinese battery swapping firm taps hydrogen OEM for power and mobility plansTwo Russian Diesel Cargoes Bound for Brazil Pivot East Toward EgyptFlushing of safety systems begins for Kudankulam unit 3Mining operations start at Wyoming projectUSA completes final deliveries for ITER’s central solenoidHot tests completed at second San’ao unitFuel loading begins for Bangladesh’s first nuclear power plantUnited Ends Pursuit of American Airlines After Merger Approach RebuffedOpenAI Breaks Off Microsoft Exclusivity to Free up Path for Amazon, Google DealsJapan’s Top Utility JERA Has Secured LNG Supply Through JulyCiti Raises Brent Forecast for 2026; Sees $150 Oil if Hormuz Disruption PersistsFed Likely to Hold Rates Steady as Powell Prepares for Possible Swan SongHeatwave Boosts India’s Power Demand to Record HighChina’s Cleantech Machine Hits Top Gear as Oil Markets CrumbleHormuz Disruptions Drive Crude Higher as U.S.-Iran Diplomacy StallsLNG Carrier Deliveries Set to Hit 100 This Year, Up 27% From 2025BP Shares Up 20% Since Iran War, Leading All SupermajorsUK paper mill installs biogenic carbon capture pilotUK paper mill installs biogenic carbon capture pilotGoldman Sachs Raises Oil Price Forecasts on Tight SupplyOil Up as US-Iran Peace Talks Stall…AgainEnergy Cluster Denmark to research transporting CO2 as dry iceVideo | The shift towards on-site helium recoveryChina’s Metals Boom Hits Highest Profit Levels Since 2016Sanctions Escalation Hits Chinese Refiners Tied to Iranian Crude TradeIndia’s Renewable Surge Cut Fossil Fuel Power Use in 2025New voluntary green ammonia certification scheme to be launchedEgypt talks up another large green ammonia projectPodcast | CO2 markets, fragility and improvementsINOXCVA launches LOX tank for submarine AIPEnergy Storage in the Desert Furnace: Hopewind’s Liquid-Cooled Central PCS Proves 51°C Rating Is a Business Imperative for IndiaShell’s scrapped Rotterdam blue hydrogen and biofuels assets up for saleShell’s scrapped Rotterdam blue hydrogen and biofuels complex up for saleProzeal Green Energy Limited Commences 8 MWp Solar Power Project in Kimbuva for Dr. Jivraj Mehta HospitalNew specialty gas plant in China to supply solar and chip sectorsAlarm Bells Will Ring Loudly If Hormuz Doesn’t Open in MayAl Ain City Municipality Launches Solar Soil Sterilization Project To Boost Sustainable Urban AgricultureGerman grid firms look to UK membrane-less electrolysers for hydrogen and oxygenLONGi Solar Achieves Class A Fire Resistance Certification, Reinforcing Safety Leadership in the RegionIndian Green Energy Stocks Outshine Markets With Strong Gains On April 27, 2026IEA’s Birol Says Iran War Will Permanently Cut Into Future Oil DemandGoldman Sachs Raises Oil Price Forecast Yet AgainGulf LNG shipping ‘last to recover’ in SeptemberEni Misses Q1 Earnings But Lifts Buyback To €2.8 BillionBaker Hughes Q1 Revenue Beats Estimates by $260 Million as LNG Orders SurgeFrench nuclear supply chain boosting capacityInner dome installed at Shidaowan unit 1Czech SMR project – early works contract signedStellaria, CEA to consider experimental MSR at CadaracheFunding pledge and tributes paid at Chernobyl anniversaryAnalysis: Is neon the next rising gas concern?Trump Tells Fox News Iran Can Call US if it Wants to Negotiate
Wed. Apr 29th, 2026

US Utilities on Dealmaking Spree to Blockbuster 2025

(Reuters) – With electricity demand in the United States set to hit record highs over the next two years, utilities are doubling down on assets that can boost their power generation capacity while shedding others to fund their massive spending plans.

The U.S. utilities sector – which includes electric, gas and water utilities – has signed deals worth $60.47 billion so far in 2025, per data compiled by LSEG.

The dealmaking spree comes as the industry prepares for rapid growth in electricity consumption nationwide, partly driven by power-hungry data centers needed to support the boom in artificial intelligence usage.

Power demand from data centers in the U.S. is expected to nearly triple in the next three years and consume as much as 12% of the country’s electricity, according to a Department of Energy-backed study.

Here are some of the biggest mergers, acquisitions and divestitures announced in 2025:
Company
Deal Description
Deal Value
Expected Closing Date
Constellation Energy
Acquiring Calpine, a private natural gas and geothermal company
$16 billion
Late 2025
NRG Energy
Buying power generation assets from LS Power
$12 billion
First quarter of 2026
NRG Energy
Acquired 738 MW natural gas assets from Rockland Capital
$560 million
Closed in April
TXNM Energy
To be acquired by Blackstone Infrastructure unit
$11.5 billion
Second half of 2026
Vistra
Acquiring seven natural gas plants from Lotus Infrastructure Partners
$1.9 billion
Late 2025 or early 2026
American Electric Power
Selling 20% stake in transmission network to KKR and PSP Investments
$2.82 billion
Second half of 2025
Sempra
Selling energy infrastructure assets in Mexico and minority stake in Sempra Infrastructure
Not disclosed
Mid-2026
Eversource Energy
Selling public water supply unit
$2.4 billion
Late 2025
National Grid
Selling U.S. onshore renewables business to Brookfield Asset Management
$1.74 billion
First half of the financial year to March 31, 2026
Ares Management
Selling 774 MW natural gas plant in Virginia to Blackstone
~$1 billion
Not disclosed
Partners Group
Buying energy asset management platform and gas-fired plants in California from Avenue Capital Group
$2.2 billion
Not disclosed
AES Corp
Selling 30% equity interest in Ohio subsidiary to CDPQ
$546 million
First half of 2025

Reporting by Vallari Srivastava, Pooja Menon, Katha Kalia and Arunima Kumar in Bengaluru; Editing by Devika Syamnath

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