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Anatomy of the Deal: A $35 Bln Gas Reunion Tracks a Topsy-Turvy Market

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Natural Gas, US News / By

(Reuters Breakingviews) – Gas producer EQT’s old management weathered an activist investor outcry, squeaked through an expensive deal, and spun off its pipeline division – only to be ejected by the executives they bought out. Now, new management is putting the pieces back together, on Monday striking a merger with that spinoff, Equitrans Midstream. It’s a sign …

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Oil Price Gains Capped by Demand Concerns

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Ukraine drone strikes start fire at Lukoil’s NORSI refinery IEA expects oil demand to grow to record high China oil purchases continue recent downturn LONDON, March 12 (Reuters) – Oil prices rose in Tuesday trade as tensions in the Middle East continued to spur concern, but gains were capped by bearish demand sentiment ahead …

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Britain Says New Gas Plants Needed to Keep the Lights On

CDN and International News, Conventional Energy, Latest, Natural Gas / By

(Reuters) – Britain is proposing to build new gas plants to improve energy security and risks facing blackouts without them, the government said on Tuesday. As part of efforts to meet climate targets and boost energy security, Britain is seeking to increase its nuclear and wind power capacity but said new gas plants will also …

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U.S.-Based CarbonCapture Raises $80 Mln from Saudi Aramco, Others

Carbon Capture, Energy Topics & Technology, Latest, US News / By

  Summary Series A funding round led by Prime Movers Lab Aramco Ventures, Amazon Climate Pledge Fund also backers Cash to drive technology development, field installations WASHINGTON, March 12 (Reuters) – Los Angeles-based CarbonCapture, which aims to build machines that suck carbon dioxide out of the air to fight climate change, said it had raised …

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OPEC, IEA at Most Divided on Oil Demand Since at Least 2008

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, OPEC / By

Summary Reuters analysed 16 years of monthly reports Gap between the two represents 1% world demand Analyst consensus closer to IEA But analysts agree with OPEC peak demand far off LONDON, March 11 (Reuters) – Producer group OPEC and the International Energy Agency, the world’s most closely watched forecasters of oil demand growth, are further …

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