Tuesday , 16 December 2025

Recent Posts

QEP Resources gets takeover interest from Blackstone, Whiting

Bloomberg QEP Resources Inc has attracted takeover interest from private equity giant Blackstone Group LP, as well as drillers Whiting Petroleum Corp and Callon Petroleum Co, according to people familiar with the matter. The Denver-based natural gas and oil explorer and producer said in February that it would explore a sale after activist investor Elliott Management Corp. made a $2 …

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Chevron joins electric car shift

Bloomberg Big oil is shifting, ever so slightly, towards the electric car business. Chevron Corp. is offering electric car charging ports at a handful of gasoline stations in its home state of California, according to a statement. The fast-charging spots, located at five stations in the Los Angeles and San Francisco Bay areas, are being installed by EVgo, which has …

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Xcel Energy to shut two coal plants

Bloomberg Xcel Energy Inc plans to shutter its last two coal-fired power plants in the Upper Midwest a decade ahead of schedule as part of a pledge to phase out carbon-dioxide emissions. The Minneapolis-based company expects to close the Allen S. King power plant in 2028 and its Sherco 3 facility in 2030, according to a statement. Both plants are …

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