Duke Energy said it would sell its Tennessee natural gas distribution business to Spire for $2.48 B in cash, as the utility aims to streamline operations and unlock capital to invest in electric grid ...

Spanish power utility Endesa faces claims of $240 MM as part of an arbitration process related to a price review of a long-term liquefied natural gas (LNG) supply contract.

The deal is part of Baker Hughes' efforts to leverage its industrial and energy technology portfolio, which helped boost second-quarter earnings, and adds to the ongoing consolidation in the oilfield ...