Energy Sector Insights - Growth & Revenue Trends

Cimarex Energy to acquire Resolute Energy in a $1.6 billion agreement

Ojaswita Kutepatil November 20, 2018

Cimarex Energy Co., a Colorado-based petroleum & natural gas company, has reportedly announced that it would be acquiring Resolute Energy Corp. in a $1.6 billion cash & stock deal. Reports cite, Cimarex would also be assuming Resolute Energy’s debt of about $710 million. With this …

Energy

Weichai inks strategic collaboration deal with Ballard Power Systems

Sunil Hebbalkar November 19, 2018

Weichai Power Co., Ltd, a renowned Chinese automobile & equipment manufacturing company, has reportedly announced that it has concluded a strategic collaboration agreement with leading Canadian clean energy products manufacturing firm Ballard Power Systems Inc. Reports cite, Wechai Power – a company that is owned …

Energy

Vestas secures a deal for CPC Germania’s subsidy-free wind farm

Ojaswita Kutepatil November 19, 2018

Pointing out wind energy’s position as one of the cheapest sources of clean energy in several markets, Danish wind turbine manufacturer Vestas has recently unveiled that it has secured an order from CPC Germania to supply wind turbines for the 50 MW Lakiakangas II wind …

Category: Energy