Southwest Gas Holdings Inc said on Tuesday it has agreed to buy Questar Pipelines from Dominion Energy for $1.975 billion, hours after activist investor Carl Icahn made public his objections to it.
Carl Icahn holds a significant stake in Southwest Gas Holdings Inc and is pushing the gas distribution company to abandon a potential acquisition and instead focus on improving its share price, a letter from the activist investor detailed on Tuesday.
Pennsylvania Attorney General Josh Shapiro charged Energy Transfer LP with 48 counts of environmental crimes for its conduct during construction of the long-delayed Mariner East 2 natural gas liquids pipeline.
China's anti-corruption watchdog is investigating a former senior executive of top state energy giant PetroChina for suspected "serious disciplinary violations", the Central Commission for Discipline Inspection (CCDI) said on Sunday.