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Tag: US Oil

Enbridge CEO sees ‘tremendous’ AI energy consumption, increased oil and LNG demand in the US

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Enbridge CEO sees ‘tremendous’ AI energy consumption, increased oil and LNG demand in the US

(Bloomberg) — Enbridge Inc. CEO Greg Ebel has played a key role in transforming the company from an oil-focused pipeline operator into a sprawling conglomerate with businesses across all aspects of energy. Greg Ebel (Photographer: Aaron M. Sprecher/Bloomberg) He joined Enbridge in 2017 as part of its $28 billion acquisition of natural gas […]

Report: US oil and gas M&A activity rose 57% in 2023 as industry consolidated | World News

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Report: US oil and gas M&A activity rose 57% in 2023 as industry consolidated | World News

According to Ernst & Young, M&A activity is expected to continue this year and into 2025, driven by further mega-deals | Photo: Reuters 3 minutes reading time Last updated: August 20, 2024 | 11:34 am IS Deal activity in the oil and gas industry rose 57 percent last year as energy companies increased spending on […]