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Chevron in talks to buy Petrobras’ Texas refinery: sources

U.S. oil supermajor Chevron has held talks to acquire Pasadena Refining System Inc., (PRSI), a Texas oil refinery owned by Brazilian state-run oil firm Petroleo Brasileiro SA (Petrobras), three people familiar ...

FES to close all coal-fired & nuclear power plants

FirstEnergy Solutions says it intends to close its last coal-fired power plants in Pennsylvania and Ohio in 2021-2022, although those decisions could be reversed if the Ohio-based company were to ...

Holtec to purchase, decommission Oyster Creek NPP

Exelon Generation and Holtec International have an agreement under which Holtec will purchase Oyster Creek Generating Station, a nuclear power plant (NPP) located in New Jersey. You have reached your ...

Energy investment fell in 2017, IEA reports

The amount of money spent in the energy sector fell for a third straight year in 2017, raising concerns about the world’s ability to provide enough power and tackle climate ...

Texas natural gas flaring grows in Permian Basin

Texas is flaring a record amount of natural gas, according to a new report. The volume of natural gas being flared has grown sharply in the Permian Basin in West ...

Australian company eyes Alberta for new coal mine

An Australian company intends to develop a $700 million mine to supply coal for steelmaking in southwestern Alberta, Kallanish Energy reports. The plans of Riversdale Resources and subsidiary, Benga Mining ...

FES to close all coal-fired & nuclear power plants

FirstEnergy Solutions says it intends to close its last coal-fired power plants in Pennsylvania and Ohio in 2021-2022, although those decisions could be reversed if the Ohio-based company were to ...

SM Energy closes non-core asset sale to Petro-Hunt

      SM Energy said Thursday it closed the previously announced sales of its remaining assets in the Williston Basin in North Dakota, and third-party-operated assets known as Halff East in Upton County, ...

Ohio energy users saved $40.2B due to shale

      Ohio energy users saved more than $40.2 billion from 2006 to 2016, thanks to lower natural gas prices, according to a new report from the Texas-based Consumer ...

Haynesville Shale making major production comeback

      The Haynesville Shale is back. Natural gas production in the dry gas shale play jumped in both 2017 and 2018. The U.S. Energy Information Administration is projecting ...

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