Author: Naomi Klinge

Chevron is selling a major stake in its East Texas assets as part of its plans to divest $10 billion to $15 billion in assets.

Sunnova Energy International’s poison pill comes after the company said its status as a going concern was at risk, announced job cuts and named a new CEO.

Previously, Sempra sold 10% and 20% stakes in the liquefied natural gas subsidiary for $1.73 billion and $3.37 billion, respectively.

Engine Capital LP recommended a series of changes to the company’s capital allocation and even suggested moving out of Houston.

BP is going through a “reset,” with plans to cut capital expenditures and increase divestments, which could include stakes in Gulf projects.

The Woodlands-based liquefied natural gas company Excelerate Energy will be the sole platform for LNG in Jamaica after the deal.

In addition to the president’s retirement, Plains All American Pipeline also announced a change for two directors on its board.

Phillips 66 has officially recommended shareholders vote against Elliott’s nominated directors and has nominated four directors of its own.

A company bidding half of what Elliott-backed Amber Energy offered last fall has been recommended as the stalking horse bidder for Citgo’s auction.

The company, which is expanding its vision from just green hydrogen to other energy solutions, will utilize its planned Hydrogen City for power.