$4.5B deal for Parsley Energy adds to consolidation wave that reaches Colorado
In a sign of quickening consolidation, one snapped up a Colorado oil company in a multibillion-dollar deal just a few months ago.
PNM Resources to sell outstanding stock to AVANGRID as part of $4.3 billion deal
PNM’s Chair, President and CEO Pat Vincent-Collawn and other officials will discuss the deal later this morning during a conference call.
Local solar developer Geenex sells two North Carolina projects as part of larger deal with EDF Renewables
As part of the deal, Geenex Solar has sold two projects under development in North Carolina to EDF Renewables of San Diego. The companies have not disclosed the value of the deal.
Five questions with Bettina Mehnert on the new Hawaii Energy strategic alliance board
Hawaii Energy formed a Strategic Advisory Board this month to help broaden the impact and benefits of the energy efficiency work it does.
ConocoPhillips’ acquisition of Concho Resources expands Permian footprint
The all-stock deal plants ConocoPhillips firmly in one of the best footprints in the Permian Basin.
Parsley Energy agrees to $4.5B sale to Pioneer Natural Resources
The deal combines two publicly traded Texas oil giants.
Natural gas rates are going up for most Oregonians
A new seismically secure headquarters is one reason for the rate hike.
Pioneer Natural Resources to acquire Parsley Energy in $4.5B deal
One of Dallas-Fort Worth’s largest public companies announced an acquisition of another Texas oil company on Tuesday.
Pioneer Natural Resources Co. (NYSE: PXD) will acquire Parsley Energy, Inc. (NYSE: PE) in an all-stock transaction valued at $4.5 billion, the companies announced Tuesday. The total value of the transaction, inclusive of Parsley debt assumed by Pioneer, is approximately $7.6 billion.
“This transaction creates an unmatched independent energy company by combining two complementary…
Amazon calling on all businesses to help fight climate change: Ideas to get started
The Climate Pledge, co-founded in 2019 by Amazon, calls on businesses to reach zero net carbon by 2040 – a full decade before the goals of the Paris Agreement.
If that sounds impossible – especially to smaller enterprises – Amazon’s head of worldwide sustainability, Kara Hurst, has some advice: Just get started.
“It can seem very daunting to look at the climate science and think about what you could do, how to measure your own carbon footprint – especially if you don’t have the technologies…
ReImagine Appalachia sees big job gains in turning to clean-energy economy
The plan released Tuesday follows ReImagine Appalachia’s previous blueprint, which sees a reduction in fossil fuel jobs and a focus on clean energy investments, renewable energy, energy efficiency, manufacturing, public infrastructure, land restoration from the fossil fuel industry and agriculture.