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Merge
Wave Energy
Thames Water Gets Key Creditor Support for Rescue Plan
Thames Water won crucial support from creditors to move forward with its plan to raise £3 billion ($3.8 billion) in emergency funding.Holders of more than…
Oil & Gas Supply
US Seeks Up To 3 Million Barrels Of Oil For Emergency Reserve
The U.S. on Monday said it is seeking up to 3 million barrels of oil for the Strategic Petroleum Reserve for delivery through May next year, a purchase that wou…
United Kingdom
Thames Water Launches £3bn Emergency Fundraising Drive
Thames Water has launched a £3bn fundraising drive to help pay off some of the struggling utility’s large debt pile.The water company has just &poun…
Oil & Gas Trade
More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger
Media speculation is running high following reports that the two offshore drilling players have engaged in initial talks regarding the possibility of merging th…
Oil&Gas Drilling
Shelf Drilling All Done With Triangular Merger
UAE-headquartered offshore drilling contractor Shelf Drilling (SHLF)UAE-headquartered offshore drilling contractor Shelf Drilling (SHLF) has wrapped up a busine…
United Kingdom
BW ESS Expands Global Energy Storage Footprint With Penso Power Merger
Global energy storage owner-operator BW ESS has announced a strategic merger with UK-based Penso Power in a move designed to strengthen its position in the ener…
LNG
Exclusive: Japan Could Boost LNG Buys for Emergency Reserve to Nearly 1 Mln T a Year, Meti Official Says
Model of LNG tanker is seen in front of Japan's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing …
Oil & Gas Supply
Death Toll in Russia Petrol Station Blast Rises to 13
Makhachkala, Dagestan, Russia September 27, 2024. Russian Emergencies Ministry/Handout via REUTERS Purchase Licensing RightsThe death toll from an explosion at …
SMR
Czech Republic Selects Rolls-Royce SMR for Small Reactors Project
A concept image of how a Rolls-Royce SMR might look (Image: Rolls-Royce SMR)The Ministry of Trade said that the applicants were approached "on the basis of thei…
Oil & Gas Trade
Marathon Oil Secures Stockholder Approval for $22.5bn Merger With Conocophillips
Marathon Oil is being acquired by ConocoPhillips in an all-stock deal worth $22.5bn. (Credit: Marathon Petroleum Corporation)American petroleum company Marathon…
Nuclear Reactor
Deep Fission Unveils Underground Reactor Concept
California-based nuclear startup company Deep Fission, which is proposing to place microreactors deep underground, announced its emergence from stealth mode and…
Oil & Gas Trade
SK Innovation and SK E&S to Merge Into APAC’s Largest Private Energy Company
The merger agreement was approved with 85.75% support from attending shareholders. Credit: Robert Way via Shutterstock.SK Innovation and SK E&S, two holding com…
Electricity Transmission
SPP Issues Energy Emergency Alert 1 Due to High Temperatures
U.S. power grid operator Southwest Power Pool (SPP) on Monday issued an Energy Emergency Alert (EEA1) due to high demand as consumers crank up their air conditi…
Oil Exploration
BP Electrifies 95% of Permian Wells, Boosts Production by 100,000 Barrels Daily
bp's U.S. onshore oil and gas division, bpx energy, has emerged as a leading player in the onshore sector, delivering some of the most productive and high-v…
Coal Trade
2 Coal Giants to Merge in $5B Deal
FILE - In this Aug. 18, 2010, file photo, the CONSOL Energy Center is reflected in Pittsburgh. (AP Photo/Keith Srakocic, file)Arch Resources and Consol Energy a…
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