OPEC worried about oil prices amid a new Covid wave
The oil prices are steady today, but the supply chain in the globe’s oil and gas industry is facing a new challenge as the second...
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Pioneer to buy Parsley for $4.5 billion as shale consolidates
The shale sector of the oil & gas industry in the U.S is trying to consolidate as new mergers and acquisitions are announced. Yesterday, Pioneer...
Avangrid & PNM turn into a $20 billion renewables behemoth
Avangrid, one of the leading sustainable energy companies globally, announced today its plans to merge with PNM Resources. This strategic transaction will further Avangrid’s leadership...
Renewable energy consumption in the US grows to 11% of the total
For the fourth year in a row, the renewable energy consumption in the US has grown, reaching a new record of 11.5 quadrillion British thermal...
Shell’s petrochemical complex in Pittsburgh 70% done
The multibillion-dollar petrochemical complex from Shell, near Pittsburgh, is 70% done, said the company earlier this month; its about to complete the final details in...
EDF Renewables and Geenex Solar close deal to boost PJM with 4.5GW
The north American unit of EDF Renewables has closed a deal with the utility-scale developer Geenex Solar. This deal is to buy a pipline of...
Election may define important midstream projects fate
While the energy sector struggles to improve its earnings, the market watchers are pending on the November 3rth election, as a democrat or republican win...
Data will open the door to renewables in the US power grid: Cognite
As renewables become more and more important in the electricity sector in the US, specially with the Joe Biden candidacy and his billion-dollar plan to...
Energy in N.A resilient against covid-19: Fitch rates positive 37 projects
The coronavirus pandemic is leading financial markets to experience several fallouts. However, according to a new report by Fitch Ratings, energy projects throughout North America...
ConocoPhillips ties 2020’s top shale deal: sector still struggling for consolidation
ConocoPhillips announced earlier this week an agreement to buy shale oil producer Concho Resources for $9.7 billion. This is the latest and hottest shale deal...