Two Colorado-based drilling companies are merging in a $649 million deal, Kallanish Energy reports. Denver-based Bill Barrett Corp. and Fifth Creek Energy will become subsidiaries of a new publicly traded holding company.
ExxonMobil and partner Grupo Orsan intend to open eight Mobil-branded service stations this week in Queretaro as part of the company’s entrance into Mexico’s fuels market, Kallanish Energy reports.
Regulators in Washington state have approved a multi-party settlement on how Puget Sound Energy will fund closing and cleanup costs at a coal-fired power plant in Montana, Kallanish Energy reported.
The Pentagon has awarded a $831 million contract to a subsidiary of Texas-based Fluor Corp. to continue repairs to Puerto Rico’s storm-ravaged electricity infrastructure, Kallanish Energy reports.