United States

US gas and electric utility CenterPoint Energy to buy rival Vectren in $6 billion deal

U.S. gas and electric utility Centerpoint Energy said it would buy rival Vectren for about $6 billion to diversify its customer base and give it more scale.

United States

Valero's Texas City refinery hit by explosion, fire

HOUSTON (Reuters) - An explosion set off a huge fire at Valero Energy Corp's 225,000 barrel-per-day (bpd) Texas City, Texas, refinery on Thursday afternoon but the fire was quickly contained, according the City of Texas City Emergency Management office.

United States

Ex-Venezuelan official pleads guilty in U.S. corruption case

(Reuters) - A former Venezuelan official on Thursday pleaded guilty to taking part in a scheme involving bribes paid by U.S. companies to Venezuelan officials to secure energy contracts and speed up payments on outstanding invoices, U.S. prosecutors said.

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