Utilities

Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord

Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year.


Millions of Americans Exposed to Gas Stoves Face Higher Risk of Breathing More Unhealthy Nitrogen Dioxide: Study

A recent study on air pollution in American households revealed that those using gas or propane stoves are exposed to consistently high levels of nitrogen dioxide, which can be detrimental to their he..

Icons: Airbnb Launches Hollywood-Theme Houses Inspired From ‘Up,’ ‘X-Men 97’ Mansion

Airbnb is expanding its reach into the world of entertainment, specifically film and television, through its latest venture called Icons...

British Gas Yet to Compensate Customers Affected by Forced Prepayment Meter Installations

UK Energy Secretary Claire Coutinho criticizes slow and insufficient compensation payouts for forced prepayment meters, amid revelations that only 1,500 out of 150,000 cases are receiving redress...


Latest News

Technip rules out CGG bid after talks fail
Technip (TECF.PA) has ruled out making an offer for seismic surveys specialist CGG (GEPH.PA) after talks with the company failed to produce an agreement, the French oil services group said on Sunday.
Shanghai Electric Power says in contact with E.ON over Italy assets
China's Shanghai Electric Power (600021.SS) said on Wednesday it was in preliminary contact with top German utility E.ON (EONGn.DE) over the possible purchase of its Italian assets.
Oil hits four-year low as expectations fade for OPEC cuts
Fading hopes OPEC will cut production when it meets Thursday sent oil prices tumbling to a four-year low and the world stock-market rally paused for Thanksgiving in the United States.
E.ON, Macquarie in exclusive talks over Spanish ops
Germany's top utility E.ON SE (EONGn.DE) has entered exclusive talks to sell its Spanish activities to Australian infrastructure investor Macquarie Group Ltd (MQG.AX), four sources familiar with the m
Halliburton to buy Baker Hughes for about $35 billion
Halliburton Co (HAL.N) will buy Baker Hughes Inc (BHI.N) for about $35 billion in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberger NV (SLB.N) as falling oil
KKR prepares more Samson asset sales as oil prices plunge
KKR & Co (KKR.N), which led the acquisition of oil and gas producer Samson Resources Corp for $7.2 billion in 2011 and has already sold almost half its acreage to cope with lower energy prices, plans
Italy's Enel targets $3.8 billion with Endesa flotation
Italian utility Enel (ENEI.MI) could raise 3.1 billion euros ($3.8 billion) with the flotation of up to 22 percent of its Spanish subsidiary Endesa (ELE.MC) on the stock market, according to the prosp
Potential buyers checking out two Citgo refineries
Potential buyers from at least six leading oil companies have visited Citgo Petroleum Corp’s refinery in Illinois and three firms have shown keen interest in its Texas plant, four sources familiar wit
Australia's UGL finalizes DTZ sale, reveals project cost blowout
Australian engineering firm UGL Ltd (UGL.AX) ended one fraught chapter and started another on Thursday as it finalised the years-long $1.1 billion sale of its DTZ property arm and revealed delays and
GE says Alstom power deal on pace for mid-2015 closing
General Electric Co's (GE.N) $16.9 billion purchase of the power assets of France's Alstom (ALSO.PA) is on pace for closing in the middle of next year after passing several steps, the head of GE's pow
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