A Texas Oil Driller Banks a $26 Billion Deal, With Regrets

Autry Stephens, 85, said he is selling the oil driller he founded, Endeavor, sooner than he would have liked. 


 
AEP Enters Agreement With Icahn Capital

The utility company said that Icahn Enterprises senior managing director Hunter Gary and retired executive vice president of Southern Company Gas Hank Linginfelter will join the board. 


 
Permian Rivals Reach Deal to Create $50 Billion Oil-and-Gas Behemoth

Diamondback Energy and Autry Stephens's Endeavor announce a merger as torrid dealmaking continues in the oil patch. 


 
Former FirstEnergy Executives and Former Public Utility Official Indicted in Ohio

Samuel Randazzo, ex-head of state utilities, was accused of receiving more than $4.3 million from FirstEnergy and its affiliates to provide favorable official actions for the company. 


 
Residential Solar Confronts a Critical Year

High rates and less-generous subsidies have pushed some rooftop solar companies into bankruptcy, and even survivors will have an uphill battle. 


 
Galp Warns of Lower Earnings This Year

Galp forecast weaker earnings for 2024 after profits fell in the fourth quarter on limited refining activities due to an overhaul at its Sines plant. 


 
China's Carbon Emissions Are Set to Decline Years Earlier Than Expected

China's massive rollout of renewable energy is accelerating so fast that climate watchdogs now expect the country's greenhouse gas emissions could peak as soon as this year. 


 
Energy & Utilities Roundup: Market Talk

Find insights on Magna International, Protests in Senegal, and more in the latest Market Talks covering Energy and Utilities. 


 
Stricter Soot Limits Will Save Up to $46 Billion in Healthcare Costs, Federal Officials Say

The new EPA air-pollution rule is another blow to the coal industry. 


 
Dutch Pension Fund Sells Major Oil Stakes in $3 Billion Energy Divestment

PFZW says it sold its shares in Shell, BP and TotalEnergies as the companies have made 'insufficient steps' in the transition to cleaner fuel.


(END) Dow Jones Newswires

02-13-24 0715ET