, a U.S. natural gas exploration and production company which emerged from bankruptcy earlier this year, is exploring strategic options including a possible sale, according to people familiar with the matter.
No deal is certain, the sources added, asking not to be identified because the matter is confidential.Gulfport was pushed into bankruptcy last year after the COVID-19 pandemic temporarily eviscerated demand for energy and left it unable to pay its debts. U.S. natural gas prices spiked to a seven-year high earlier this month, tempting the gas producer to explore a sale.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Another headwind?: global gas price spike worries energy execsEnergy executives gathered in Dubai on Tuesday for the first time since the COVID-19 pandemic started, but despite being upbeat on economic recovery, they were concerned about another headwind: a global gas price spike.
Source: Reuters - 🏆 2. / 97 Read more »
U.K. facing food shortage as rise in energy costs forces some companies to halt production'We're hopeful that we can get something sorted today and get the production up and running in the next few days,' British Business Secretary Kwasi Kwarteng said.
Source: Newsweek - 🏆 468. / 52 Read more »
Ulla Johnson’s Show Gave Off Major Rich Mom EnergyPrints, ruffles, and layers abound.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
White House backs plan for renewable energy industry tax partnershipsWASHINGTON (Reuters) -The White House is backing a plan by House of Representatives Democrats to let renewable energy firms form tax-advantaged partnerships that the oil and gas industry has used for decades to build out the U.S. pipeline and storage infrastructure, according to three people familiar with the matter. The expansion would allow the renewable energy industry - from wind and solar to biofuels like ethanol - to form master limited partnerships, known as MLPs, that combine the funding advantages of corporations with the tax advantages of partnerships. The sources, speaking on condition of anonymity, confirmed White House support for the plan. whir whir whir, sorry no TV tonight dear. The winds not blowing.
Source: YahooNews - 🏆 380. / 59 Read more »
Lake Powell could stop producing energy in 2023 as water levels plungeThe Bureau of Land Management projects a 34% chance that Lake Powell's water levels will fall below the minimum level necessary to generate power in 2023. Since that would require CA, AZ, UT, NV state legislatures to work together to find a solution….. AND at least two states are controlled by GOP…… I personally would plan to move away. I have zero faith in states finding a solution all can agree to.
Source: CNBC - 🏆 12. / 72 Read more »
FuelCell CEO on push for clean energyFuelCell CEO Jason Few joins The Exchange to discuss the push for clean energy, where his company fits into the picture, and the company's most recent earnings report. How did this guy not name his company Fewl Cell? I’ve lost all respect for whatever this is before even watching. Hard pass. LOVE EACHOTHER ❤! PLEASE CHECK OUT MY VIDEOS IF YOU LIKE HIKING,BIKING & NATURE! DONT FORGET TO LIKE,SUBSCRIBE,COMMENT & SHARE! THANKS!! PEACE ✌! Fake news network
Source: CNBC - 🏆 12. / 72 Read more »