U.S. utility owner Sempra Energy has agreed to buy control of Texas power distributor Oncor Electric Delivery for $9.45 billion in cash, besting by $450 million a bid by Warren Buffett’s Berkshire Hathaway last month.
For the third time in five weeks – and the first time in 15 months – the number of rigs working onshore in the Lower 48 U.S. states fell, according to data from oilfield services firm Baker Hughes, a GE company.
Tulsa, Okla-based energy investment firm Exponent Energy has purchased the Oklahoma production assets of Houston-based Sanchez Midstream Partners for an undisclosed price, Kallanish Energy reports.
The U.S. Court of Appeals for the District of Columbia ruled Tuesday the U.S. Department of Energy (DOE) conducted the necessary environmental and economic reviews before it approved the Freeport LNG export terminal project.
The Railroad Commission of Texas issued a total of 1,011 original drilling permits in July, Kallanish Energy reports. That compares to 631 permits issued in July 2016, the state agency said. That is a 60.2% increase from June 2016.