Oil Heads for Weekly Gain but Remains Under Supply Hike Pressure

Summary Brent, WTI rise after more than 2% drop in previous session Both post second weekly gain in a row Focus on Iran nuclear deal IEA hikes supply growth forecast,…

Utility Vistra to Buy Natural Gas Assets for $1.9 Billion

The deal includes five combined cycle gas turbine facilities and two combustion turbine facilities located across PJM, New England, New York and California. PJM Interconnection is a regional transmission organization…

Strathcona Makes Takeover Offer for MEG Energy

Strathcona has made an offer to acquire sector player MEG Energy for the equivalent of some $4.25 billion in cash and stock, per Reuters calculations. The offer represents a 9.3%…

National Grid Reports Significant Profit Increase

National Grid’s annual profits rose by a fifth as it lauded stable growth against a backdrop of “international economic uncertainty.” On an underlying basis, pre-tax profit increased 20 per cent…

Texas Utility Vistra Energy Expands Gas Power Holdings in $2 Billion Deal

Texas-based utility Vistra Energy has struck a $1.9-billion deal for the acquisition of close to 2.6 GW worth of gas-powered generation capacity across several states from Lotus Infrastructure Partners. The…

First Nations to Acquire Stake in Enbridge’s BC Pipeline

Enbridge Inc. and a partnership of 36 First Nations in British Columbia have inked a deal for the Indigenous groups to acquire a 12.5 percent ownership in a natural gas…

Ampace PR-S4: Residential Energy Storage System

The Ampace PR-S4 is a residential energy storage system built on cutting-edge semi-solid state battery technology. Purpose-built for modern homes, it features a 40% reduction in volume, superior safety architecture,…

  • Gas
  • May 16, 2025
AWG acquires dry ice supplier in Indiana

North Carolina-based gas producer and distributor American Welding & Gas has acquired Grant Haberg, an Indiana-based dry ice business. The purchase strengthens AWG’s presence in the Midwest and complements its…

Ameren Missouri Files Energy Strategy to Attract Business and Safeguard Rates

Representational image. Credit: Canva Ameren Missouri has filed a new energy plan with the Missouri Public Service Commission (PSC) to support the rising power demands of large-scale businesses, including data…

RWE Invests €2.7 Billion in Q1 2025 Despite Earnings Dip

RWE reported adjusted EBITDA of €1.3 billion and adjusted net income of €0.5 billion for the first quarter of 2025, in line with expectations but below last year’s strong Q1…