M&A

Radiant Acquires Legacy Oil, Gas Field in Louisiana

Radiant Oil & Gas Inc., an independent exploration and production (E&P) company based in Houston, has acquired a legacy oil and natural gas field in Louisiana for future redevelopment. Read More

Dynegy to Pay $6.25B for Duke, ECP Gas, Coal Plants

In separate deals involving more than 5,000 MW of natural gas-fired electric generation capacity, Houston-based Dynegy Inc. said Friday it has signed definitive agreements worth $6.25 billion to buy 21 power plants and related businesses from Duke Energy and Energy Capital Partners (ECP). Read More

Deutsche Bank Reportedly Selling North American NatGas Trading Book

Deutsche Bank has sold its natural gas trading book to Morgan Stanley, a source familiar with the deal confirmed to NGI. Read More

Saudi Aramco Invests in U.S. NatGas-to-Fuels Company

A unit of Saudi Aramco has joined existing investors to lead a $30 million round of financing in Siluria Technologies, a San Francisco-based company that has developed technology to produce liquid fuels from natural gas. Read More

Oil and Gas Industry Deals Remain Flat This Year, Deloitte Says

The oil and gas industry continues to narrow its focus on development this year, heeding the call of investors who expect maximum returns from existing portfolios and taking advantage of higher commodity prices, especially in North America, according to the Deloitte Center for Energy Solutions. Read More

Kinder Streamlining With Acquisitions, Buildout In Mind

With its flagship master limited partnership too large to grow revenue and investor distributions, Kinder Morgan Inc. is abandoning the master limited partnership structure... Read More

Wisconsin Energy Eyeing NatGas Growth, Integrys Merger

Wisconsin's economy is back to pre-2008 recession levels, new natural gas connections are up by 8.5%, and electric hookups have risen more than 3%, offering Wisconsin Energy (WE) some optimism for more growth going forward, CEO Gale Klappa said Tuesday. Read More

Mega Deals Surge in Domestic Oil, NatGas Sector

Mergers and acquisitions (M&A) within the U.S. oil and natural gas sector was the strongest second quarter activity in five years, led by asset transactions, PwC US said Wednesday. Read More

Exelon Growing Retail Business With Integrys Energy Services

Exelon Corp. has agreed to buy retail power and gas provider Integrys Energy Services Inc. (IES) from Integrys Energy Group Inc. and integrate it with its Constellation business unit. Read More

Producers Countering Flat Cash Flow With More Debt, Asset Sales

Large domestic oil and natural gas companies are incurring more debt and selling off assets as cash flow falters, the U.S. Energy Information Administration said... Read More