Read the full article from its original post at Forbes.com By David Blackmon: The Orion Drilling Co.'s Perseus drilling rig stands near Encinal in Webb County, Texas, U.S., on Monday, March 26, 2012. . Photographer: Eddie Seal/Bloomberg On Friday, Secretary of Energy and former Texas …
utilities
CenterPoint Energy to buy rival Vectren
US gas and electric utility CenterPoint Energy to buy rival Vectren in $6 billion deal. U.S. gas and electric utility Centerpoint Energy said on Monday it would buy rival Vectren for about $6 billion to diversify its customer base and give it more scale. Vectren shareholders will receive $72 …