Energy
Latest news, analysis, and insights from ASX energy companies
Diversified Energy to lift interests in US oil and gas assets
London and New York-listed Diversified Energy Company (NYSE: DEC) has entered into a conditional agreement with Oaktree Capital Management for the strategic acquisition of working interests in a number of operated assets in the Central Region of the US. The US$386 million acquisition will consolidate Diversified’s working interest in its existing operated wells in the […]
March 21, 2024
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Irish Government eyes off SSE Thermal’s Tarbert power station for emergency generation
SSE Thermal (LSE: SSE) reported the Irish Government is eyeing off its Tarbert power plant as a potential site for the nation’s emergency generation in the near future, if required. The thermal power generation company, which is a subsidiary of SSE, confirmed the news in a recent announcement – indicating it has been in talks […]
BP to buy US renewable natural gas company Archaea Energy in US$4.1b deal
Multinational oil and gas giant BP (LSE: BP) has announced plans to acquire renewable natural gas (RNG) company Archaea Energy (NYSE: LFG), in a deal estimated to be worth US$4.1 billion. RNG, otherwise referred to as biogas, is generated from organic waste in landfills of farms. The deal between BP and Achaea marks the largest […]
Cameco partners with Brookfield in acquisition of Westinghouse Electric
Canadian uranium giant Cameco Corporation (NYSE: CCJ) and clean energy investor Brookfield Renewable Partners (NYSE: BEP, BEPC) have announced they will join forces on the acquisition of global nuclear services business Westinghouse Electric Company. The acquisition gives Westinghouse a total enterprise value of almost $8 billion. Under the arrangement, Cameco’s expertise in the nuclear industry […]
