A defunct New Mexico coal plant would be revamped with the help of subsidies authorized by the new climate legislation, but a plan to rely on natural gas converted into hydrogen has generated criticism.
Global buyout major Warburg Pincus has exited Navitas Midstream Partners to Enterprise Products for $3.25bn. The post Warburg Pincus exits Navitas Midstream Partners for $3.25bn, one of the industry’s largest deals first appeared on AltAssets
Even as more costly fuel poses political risks for President Biden, oil companies and OPEC are not eager to produce more because they worry prices will drop.
Oil and gas giants are selling off their most-polluting operations to small private companies. Most manage to escape public scrutiny.
