News
CenterPoint sells natural gas retail business
CenterPoint Energy, the regulated utility that delivers electricity to the Houston area, announced early Monday that it will sell its natural gas retail business for $400 million to Energy Capital Partners of New Jersey, a...
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Gas prices jump, but set to retreat as oil plunges on coronavirus fears
Gasoline prices jumped over the past following a rise in crude, but the increases could be short-lived as the spread of the coronavirus shakes the global economy. Source: FuelFix
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Oil slides, gold jumps as virus rocks commodities
Renewed fears that the coronavirus will harm global growth rocked commodity markets again on Monday, with oil and metals prices tumbling while gold soared toward $1,700 an ounce amid a flight to haven assets. Source:...
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Opinion: Gas station M&A frenzy looks like a bubble
(Bloomberg Opinion) — Investors in the retail sector can’t get their fill of gas stations. Seven & i Holdings Co., the Japanese company that controls 7-Eleven, is in exclusive talks to acquire Marathon Petroleum Corp.’s Speedway gas...
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All eyes from LNG industry on Tellurian during Trump visit to India
All eyes in the energy industry will be on Houston liquefied natural gas company Tellurian during President Donald Trump’s visit to India. Source: FuelFix
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