(Bloomberg) --Chesapeake Energy Corp. is in advanced talks to acquire privately owned natural gas producer Chief Oil & Gas Inc. for about $2.4 billion including debt, Reuters reported, citing people familiar with the matter. A deal could be announced as soon as this week, Reuters said. The news agency reported in October that Chief Oil &...

(Bloomberg) --Vistra Corp. said two units of Energy Transfer LP are threatening to cut off natural gas supplies to power generation facilities it owns in Texas because of a payment dispute over last year’s catastrophic winter storm. Vistra subsidiaries including Luminant Energy asked Texas oil and gas regulators to prevent Energy Transfer from...

FRANKFURT (Bloomberg) --The Netherlands is throwing a hydrogen life preserver to pipelines that are on the brink of becoming stranded assets. The nation will end most natural-gas production this year, forcing NV Nederlandse Gasunie to find alternative uses for its 15,000 kilometers of pipes. The state-owned company is studying which segments of...

DUBAI (Bloomberg) --The United Arab Emirates’ biggest renewable-energy company will make acquisitions and sell bonds as part of a plan to more than double its operations this decade and help the country achieve a net-zero target. “We have very significant growth ambitions,” Masdar’s Chief Financial Officer Niall Hannigan said in an inter...

(Bloomberg) --Texas natural gas production dropped for the second time this month because of freezing temperatures settling over the state. Output on Thursday was down 6.2%, according to preliminary BloombergNEF data based on pipeline flows. That’s the biggest decline since Jan. 2, when a similar blast of frigid air curbed supplies. “It�...