Natural Gas

Aerial view of reddish-brown West Texas land criss-crossed by pale gravel roads linking dozens of small square well pads, with cloud shadows scattered across the ground and a highway running diagonally at right.

Archrock Will Pay Up to $450 Million for HiVolt, a West Texas Oilfield Power Supplier Whose Price Rests on Earnings Due in 2028

Archrock, a Houston contract compression company, agreed on 10 November 2026 to buy HiVolt Energy Holdings, which runs gas-fired microgrids for oil and gas producers, for $415 million in cash at closing and up to $35 million more in earnouts. Archrock puts the price at about 6.1 times HiVolt's expected 2028 adjusted EBITDA. The deal needs regulatory approval and is expected to close in early 2027.

By Alison Acosta 3 hours ago

Three large white crude oil storage tanks with external stairways on dry grassland under a blue sky with scattered clouds.

Markets

Washington's Oil Forecasters Have Raised Their 2027 Brent Price Four Months Running, From $65 to $86 a Barrel

The Energy Information Administration's November Short-Term Energy Outlook, published on 10 November 2026, puts Brent crude at an average of $97 a barrel this year and $86 in 2027. It is the fourth monthly increase in a row in the 2027 forecast, which stood at about $65 in July. The agency expects prices near $100 for the rest of this year.

By Alison Acosta November 11, 2026

Four tall red and white striped smokestacks of a power station rising above low industrial buildings and apartment blocks, with Manhattan towers behind under a pale late-afternoon sky.

Business

LS Power Will Pay About $816 a Kilowatt for Six NRG Gas Plants. In March It Agreed to Pay Constellation About $1,140.

NRG Energy agreed on Monday to sell six gas-fired power plants with 4.9 gigawatts of capacity to an affiliate of LS Power for $4 billion in cash. NRG will use the money for share buybacks and to cut debt. The deal needs federal antitrust, FERC and New York regulatory approval and is expected to close in the second quarter of 2027.

By Alison Acosta November 10, 2026

A tall drilling rig with a red-and-white mast stands on a levelled gravel pad at the foot of a wooded hill in autumn colours, seen across a field of ripe brown soybeans under a clear blue sky.

Business

EQT Is Paying a 21 Per Cent Premium for Range Resources, in Stock. By Our Arithmetic, the Premium Equals Almost Seven Years of the Promised Savings.

EQT agreed on 25 October to buy Range Resources in an all-stock deal, giving 0.987 EQT shares for each Range share. Range holders would own about 27 per cent of the combined natural gas producer, which the companies value at more than $50 billion including debt. Both sets of shareholders must vote, and the deal is not expected to close before the first quarter of 2027.

By Daniel Okafor October 26, 2026

Oil pump jacks in a field of tall golden grass under a pale sky near Bakersfield, California.

The Numbers

Oil Is Up 61 Per Cent Since February. American Natural Gas Costs What It Did a Year Ago.

Brent crude averaged $114 a barrel in September, up from $71 in February. Natural gas at Henry Hub averaged $2.95 per million British thermal units, a few cents below September 2025, while buyers in Europe and Asia were paying $24 to $27. The United States is producing record amounts of gas, and its export terminals are already running flat out.

By Daniel Okafor October 3, 2026

Two large cream-coloured cylindrical tanks marked LNG sit on a blue vessel moored at a quayside, with a blue and orange crane above them under a clear sky.

Business

LNG Canada Will Double to 28 Million Tonnes. The Announcement Has a Date in the 2030s and No Price.

Shell and its four partners have taken the final investment decision on LNG Canada's second phase, which will double the Kitimat plant from 14 to 28 million tonnes a year. Neither the joint venture's release nor Shell's gives a capital cost, and Shell says commercial operation will begin in the early 2030s.

By Cory Chamberlain September 29, 2026

Natural Gas

Tagged stories

Archrock Will Pay Up to $450 Million for HiVolt, a West Texas Oilfield Power Supplier Whose Price Rests on Earnings Due in 2028

Washington's Oil Forecasters Have Raised Their 2027 Brent Price Four Months Running, From $65 to $86 a Barrel

LS Power Will Pay About $816 a Kilowatt for Six NRG Gas Plants. In March It Agreed to Pay Constellation About $1,140.

EQT Is Paying a 21 Per Cent Premium for Range Resources, in Stock. By Our Arithmetic, the Premium Equals Almost Seven Years of the Promised Savings.

Oil Is Up 61 Per Cent Since February. American Natural Gas Costs What It Did a Year Ago.

LNG Canada Will Double to 28 Million Tonnes. The Announcement Has a Date in the 2030s and No Price.