Giant

Mining giant Freeport-McMoRan Copper & Gold Inc. last week put a $9 billion cash-and-stock transaction — $20 billion total including debt — on the table to buy U.S. producers Plains Exploration & Production Co. (PXP) and McMoRan Exploration Co., a deal that is expected to vault Freeport into the upper ranks of domestic producers but initially with faltering shareholder support.

LLOG Exploration Co. LLC has formed a long-term partnership with private equity giant Blackstone to accelerate the Covington, LA-based producer’s deepwater operations in the Gulf of Mexico (GOM).

BP plc last week clinched a mega-deal to sell its troubled half-stake in Russian explorer TNK-BP to Russian energy giant OAO Rosneft for $17.1 billion in a cash-and-stock transaction.

BP plc on Monday clinched a mega-deal to sell its troubled half-stake in Russian explorer TNK-BP to Russian energy giant OAO Rosneft for $17.1 billion in a cash-and-stock transaction.

Citing low natural gas prices as being among the economic drivers, power giant Exelon Corp. said Tuesday it is giving up plans to build nuclear power facilities near Victoria, TX.

A series of recent decisions by regulators and moves by operators of liquefied natural gas (LNG) facilities indicate the logjam of LNG exports may be easing.

A unit of banking giant Morgan Stanley said Thursday it is taking full ownership in Southern Star Central Gas Pipeline, the primary natural gas transmission and natural gas storage facility provider for several of the biggest cities and power generation providers in Kansas, Missouri and Oklahoma.

Coming one giant step closer to the creation of the first floating liquefaction facility in the United States utilizing its Floating Liquefaction Storage Offloading (FLSO) vessel technology, Excelerate Energy reported Monday that the United States Department of Energy (DOE) has granted the company a long-term, multi-contract authorization to export liquefied natural gas (LNG) to free trade agreement nations from its Lavaca Bay LNG project.

Germany’s shale plays could hold trillions of cubic feet of natural gas, according to figures released last week by the Federal Institute for Geosciences and Natural Resources (BGR), a government geosciences authority.