Peyto Exploration & Development Corp. (PEY), a Canadian energy company, said on Thursday that it entered into a deal to acquire Repsol Canada Energy Partnership, for $468 million in cash. Repsol Canada holds the Canadian upstream oil and gas business of Repsol Exploración, S.A.U. (REPYY.PK), including all related midstream facilities […]

Broadcom Inc. (AVGO), a semiconductor and software solutions provider, said on Wednesday that it has received conditional approval from the European Commission or EC to close its proposed acquisition of VMware, Inc. (VMW), an innovator in enterprise software. Broadcom now expects the transaction to conclude in its fiscal 2023. Earlier, […]

Stratasys Ltd. (SSYS), a 3D printing solutions provider, announced Tuesday that its Board of Directors unanimously rejected the partial tender offer by Nano Dimension Ltd. (NNDM), noting that the $18 per share cash offer substantially undervalues the firm and is not in the best interests of its shareholders. As announced […]

American Electric Power (AEP) announced Monday that it has mutually agreed to terminate its previously announced deal to sell Kentucky operations, i.e., Kentucky Power Co. and AEP Kentucky Transmission Co., Inc., to Liberty Utilities Co., a subsidiary of Algonquin Power & Utilities Corp. (AQN,AQN.TO). Further, the company reaffirmed its fiscal […]

video Making renewable energy switch will ‘cost a lot more’ than California thinks: Edward Ring California Policy Center Senior Fellow Edward Ring argues storage and distribution of wind and solar energy must be improved before making a fully renewable transition. As California leaders continue to push a renewable energy agenda, […]

Primary Health Properties Plc (PHP.L) Monday announced that it has acquired Axis Technical Services Ltd., an Irish property management business. As part of its efforts to further strengthen position in Ireland, the company also signed a long-term Development Pipeline Agreement with Axis Heath Care Assets Limited, a related company owned […]

video US energy needs to be ‘affordable, reliable and cleaner’: Chevron CEO Mike Wirth Chevron Chairman and CEO Mike Wirth discussed the oil company’s growth outlook and Biden’s energy agenda on ‘Mornings with Maria.’ The United States has become a global crude oil exporting power over the last few years, […]

Data, analytics, and technology company Equifax, Inc. (EFX) announced Monday it has made an offer to the Boa Vista Serviços’ Board of Directors to acquire all outstanding shares of Boa Vista Serviços, the second largest consumer credit bureau in Brazil, for R$8.00 per share, implying an estimated total enterprise value […]

video China’s Xi got a welcome from Saudis not afforded to Biden: Mary Kissel Former Secretary of State Pompeo senior advisor Mary Kissel reacts to Xi Jinping meeting with the Saudi crown prince, telling ‘Mornings with Maria’ this is a ‘significant strategic move by China.’ Chinese President Xi Jinping on […]

video Price cap on Russian oil could backfire: Phil Flynn FOX Business contributor and Price Futures Group market analyst Phil Flynn discusses the global impact of a price cap on Russian oil. With a price cap on Russian oil possibly being announced as soon as Wednesday, market experts are weighing […]