By Neil Chatterjee | FOXBusiness Read more at https://www.foxbusiness.com/energy/bidens-natural-gas-decision-nuts-climate-extremists-know-facts Some confused climate activists are asking President Biden to hurt the climate. Protesters are planning a sit-in at the Department of Energy next month, calling for the White House to not permit any new liquefied natural gas (L.N.G.) export terminals. But examining the facts shows that surrendering to this pressure would actually…
Diversified Energy Co. plc has sold a sliver of its Appalachian Basin natural gas wells for around $230 million to a holding company to reduce debt, but
Diversified Energy sold natural gas assets in its Appalachia portfolio at a 5.7x multiple and used the proceeds to pay down credit borrowings, the Alabama-based firm announced Jan. 2.
Diversified Energy has sold producing assets in Appalachia to a special purpose vehicle, DP Lion Equity Holdco, it announced on Tuesday, while retaining a 20% minority interest in the vehicle and continuing to operate them.