Monday, November 25, 2024

Noble Energy’s buyout: what it means for Cyprus’ gas

Cyprus Mail Oil & Gas 360 Publishers Note: This is part a larger issue going on in the Mediterranean. There are many countries trying to jockey for the lowest cost, and long term, acquisition of natural gas. This is causing some issues in territorial waters.  After taking over Noble Energy this week, Chevron will likely take its time in deciding

NRG Energy Acquires Direct Energy for 3 Billion in Cash -oilandgas360

NRG Energy Acquires Direct Energy for $3.625 Billion in Cash

Nasdaq Energy provider NRG Energy (NYSE: NRG) has announced it is acquiring Direct Energy, a North American subsidiary of U.K.-based Centrica PLC (OTC: CPYYF). The all-cash deal is for $3.625 billion, and is expected to close by the end of 2020. The move will diversify NRG’s business, expanding its presence into all 50 U.S. states and six Canadian provinces, and adding more than three million