EU approves INEOS’s acquisition of DONG E&P 🔓

June 23, 2017 0

INEOS’s $1.3 billion acquisition of all DONG Energy’s assets in the North Sea has been cleared by the European competition watchdog in less than a month since the transaction was announced, Kallanish Energy reports.

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Unique clean-coal plant may not burn coal

June 23, 2017 0

The Kemper facility, a first-of-its-kind “clean coal” power plant that utility-owner Southern Co. spent years and billions of dollars constructing in Mississippi, may never burn coal — and instead will fire with natural gas.

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Chesapeake redeeming two senior notes

June 23, 2017 0

Chesapeake Energy on Thursday said the company is redeeming on July 24, all outstanding 2.75% and 2.50% Contingent Convertible Senior Notes due in 2035 and 2037, respectively.

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Crestwood closes move of Willow Lake assets to JV

June 23, 2017 0

Midstreamer Crestwood Equity Partners and private equity firm First Reserve, via joint venture Crestwood Permian Basin Holdings, has completed the acquisition of Crestwood’s Willow Lake gathering/processing assets in Eddy County, N.M., assets valued at $151 million.

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Iowa town mulls forming municipal utility

June 23, 2017 0

The town of Decorah, in northeast Iowa, has formed an organization to examine the advantages and disadvantages of organizing a municipal utility, thus ditching its incumbent electric utility.

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BLM to enforce methane venting rules while new rules drafted

June 23, 2017 0

The Trump administration announced on Tuesday that it will enforce Obama-era regulations on methane venting and flaring from oil and natural gas production on public lands, while it seeks to rewrite the rule to be more industry friendly, Kallanish Energy reports.

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