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  1. Exelon named to Fortune’s World’s Most Admired Companies list for 11th year

    Exelon was named one of Fortune’s 2017 World's Most Admired Companies, marking the 11th consecutive year that the company has made the list.   Exelon ranked particularly well for its quality of products and services, social responsibility and people management. The Most Admired list has served as a report card on corporate reputations since its founding in 1997. To determine the annual ranking, Fortune and partner Korn Ferry Hay Group survey financial analysts and leaders from non-U.S. companies in Fortune’s Global 500 that have revenues of $10 billion or more and the 1,000 largest U.S. companies to identify the businesses that enjoy the highest standings within their industries. Korn Ferry Hay Group asks executives, directors and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. Exelon’s merger with Pepco Holdings in March made it the largest company by revenue in the utility sector and the largest utility in the United States by customer count. Exelon is a leader in the pursuit of new technology, partnering with top universities, national labs, government agencies, venture capitalists and private equity firms to unleash innovations with the potential to transform the industry, spur clean energy options and provide greater benefits to customers.   Exelon and employees across its family of companies are also known for their dedication to giving back. In 2016 Exelon companies and the Exelon Foundation donated more than $46 million to nonprofits – the largest amount ever. Employees served more than 170,000 hours of community service, as well. Exelon also furthered its commitment to diversity and inclusion in 2016 by expanding its family leave policy and joining over 100 likeminded companies in signing the White House Equal Pay Pledge. In addition, the company has increased spending with women- and minority-owned businesses by more than 200 percent since 2011 to reach $1.9 billion in 2016.

    Online Articles

    Online Articles

    Tue, 21 Feb 2017

  2. Oil and Gas: Samson Resources appoints Joseph Mills President and CEO

    Samson Resources Corporation's second-lien creditor group has selected Joseph A. Mills as the Company's President and Chief Executive Officer, effective as of the date the oil and gas Company's global settlement joint plan of reorganization becomes effective.

    Online Articles

    Online Articles

    Wed, 22 Feb 2017

  3. Watts, Brown to head SOCO International unit

    Mike Watts and Jann Brown will head a new business development group at SOCO International PLC, London. They most recently have been joint chief executive officers of Magna Energy Ltd., which they cofounded with private - equity backing to pursue upstream opportunities in South Asia.

    Online Articles

    Online Articles

    Tue, 31 Jan 2017

  4. Baker Hughes, private equity to form land pressure pumping firm

    Oil field services firm Baker Hughes Inc. (BHI), Houston private equity firm CSL Capital Management LLC, and West Street Energy Partners LP (WSEP), a fund managed by the merchant banking division of Goldman Sachs, have agreed to form a pure-play North American land pressure pumping company.

    Online Articles

    Online Articles

    Wed, 30 Nov 2016

  1. Indiana Commission Okays AEP Sale of 1,096-MW Lawrenceburg Plant

    Online Articles

    Online Articles

    Mon, 9 Jan 2017

  2. Indiana commission OKs AEP sale of 1,096 MW power plant

    Three other plants in Ohio are also part of the sale deal

    Online Articles

    Online Articles

    Tue, 10 Jan 2017

  3. EP Energy, Wolfcamp Drillco enter Permian drilling JV

    A subsidiary of EP Energy Corp., Houston, has entered into a drilling joint venture with private capital investor Wolfcamp Drillco Operating LP to fund future crude oil and natural gas development in EP Energy's Wolfcamp program in the Permian basin.

    Online Articles

    Online Articles

    Mon, 30 Jan 2017

  4. BDO: Energy industry looks optimistically towards 2017

    There are favorable signs the long-battered energy industry may finally be on its way to recovery, according to findings of a new survey from BDO USA LLP. Emerging from a particularly volatile 2016, during which oil prices plummeted to their lowest point in over a decade, energy CFOs point to the ...

    Online Articles

    Online Articles

    Wed, 25 Jan 2017

  5. ExxonMobil to buy Bass family’s Permian assets for up to $6.6 billion

    ExxonMobil Corp. has agreed to acquire companies primarily focused on New Mexico’s Delaware basin from the Bass family of Fort Worth in a deal that could total $6.6 billion.

    Online Articles

    Online Articles

    Tue, 17 Jan 2017

  6. Sanchez, Blackstone team to buy Anadarko Eagle Ford acreage for $2.3 billion

    Sanchez Energy Corp., Houston, and funds managed by private equity firm Blackstone Energy Partners LP have entered a 50-50 partnership and agreed to acquire working interest in 318,000 gross operated acres in the western Eagle Ford shale of South Texas from Anadarko Petroleum Corp., The Woodlands, ...

    Online Articles

    Online Articles

    Fri, 13 Jan 2017

  7. FERC approves NextEra takeover of Texas transmission company Oncor

    This deal is for transmission only and doesn't include power plants

    Online Articles

    Online Articles

    Mon, 9 Jan 2017

  8. Better times ahead for UK offshore, report finds

    There are signs for greater optimism on the UK continental shelf, according to consultant Wood Mackenzie.

    Online Articles

    Online Articles

    Wed, 18 Jan 2017

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