Tag: #energysector

Shell Denies Acquisition Talks Amidst BP Merger Speculation

Shell denies merger talks with BP despite market rumors, as BP's shares surge and industry analysts weigh in on potential benefits and challenges.

#shell, #bp, #merger, #energysector

BP Appoints Albert Manifold as New Chairman Amid Strategic Shift

Albert Manifold to succeed Helge Lund as BP chairman, as the company shifts back towards fossil fuels.

#bp, #leadershipchange, #energysector, #fossilfuels

TotalEnergies Braces for Earnings Hit Amid Falling Oil and LNG Prices

TotalEnergies predicts a second-quarter earnings decline due to a 20% drop in oil prices, despite increased hydrocarbon production.

#totalenergies, #oilprices, #lng, #energysector

Octopus Energy Prepares to Demerage Technology Unit Kraken

Kraken Technologies to split from Octopus Energy, valued at $10B, enhancing tech's role in energy sector.

#octopusenergy, #krakentechnologies, #energysector, #demerger, #investment

Argentina Sees M&A Boom in Energy Sector as Economic Reforms Take Hold

Argentina's energy sector experiences a surge in M&A activity under President Milei's economic reforms aimed at revitalizing the economy.

#argentina, #mergersandacquisitions, #energysector, #economicreforms

NRG Energy to Acquire LS Power Assets in $12 Billion Deal

NRG Energy's $12 billion acquisition of LS Power assets aims to double its power capacity amid rising electricity demand.

#nrgenergy, #lspower, #acquisition, #energysector