Diversified Energy Company closes on ABS refinancing

Natural gas offers numerous advantages for businesses, including reliability, flexibility, and a substantial reduction in carbon emissions compared to other non-renewable energy sources. As a clean-burning option, it helps meet the rising energy demands while simultaneously

October natural gas prices rose on Tuesday after an initial drop, driven by forecasts for warmer temperatures across the US. Maxar Technologies indicated that warmer weather is expected in the eastern third of the country over

The global energy sector is undergoing a significant transformation, driven by innovation, sustainability initiatives, and the increasing demand for reliable energy sources. As the world looks to transition towards greener solutions, traditional energy companies are evolving

Diversified Energy Company has made a significant move by acquiring additional natural gas properties in East Texas, marking its second acquisition of Proved Developed Producing (PDP) assets in the region this year. The company has agreed

Oil and gas industry dealmaking surged by 57% last year, as energy companies significantly increased their development spending. This growth was fuelled by higher cash flows from previous years’ profits, according to a recent report from

US natural gas futures saw a notable rise, increasing by over 1% to reach a three-week high on Tuesday. This uptick was driven by forecasts indicating hotter weather and an anticipated increase in gas demand for

In recent years, the power sector has emerged as the only significant consumer of natural gas in the United States to show consistent growth. As demand from other sectors declines, the power industry has become the

After years of relative isolation, US benchmark natural gas prices are now playing a significant role in shaping global LNG market contracts. The Henry Hub price in the US is becoming increasingly influential in determining regional

The energy market has always been shaped by the dynamics of supply and demand, as well as geopolitical and macroeconomic influences. Recently, a significant shift has occurred, transforming the market with the rise of the United

Diversified Energy Company (DEC) has developed a business model aimed at acquiring and revitalising mature gas wells that still possess significant productive potential, estimated to last another 40-50 years. This model, which eschews drilling and fracking,

Diversified Energy Company announced its acquisition of high-value natural gas assets from Crescent Pass Energy for £84 million ($106 million). The deal, anticipated to close in the third quarter of 2024, will significantly enhance Diversified’s presence