Prashant Kumar

Southern Asia

Contributor at Freelance

Communicator & Writer - Interested in Agriculture, Environment and Industry || Plant Science Graduate👨‍🎓

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Articles

EPA’s Power Plant Rule | CCS or Retirement

May 9, 2024 | enverus.com | Jeffery Jen |Matthew Keillor |Prashant Kumar |Eric Y. Yen

On March 25, 2024, the EPA released its final rulemaking on the update to 40 CFR Part 60 implementing its New Source Performance Standards for New, Modified and Reconstructed Fossil Fuel-Fired Electricity Generating Units. This rule introduces new requirements that will have major effects on existing coal power plants and any new, modified or reconstructed natural gas power plant.
After Patterson-UTI dove in, will others enter the M&A pool?

Jul 17, 2023 | enverus.com | Joseph Gyure |Chris Griggs |Prashant Kumar |Maurice Smith

As others look to specialize, Patterson-UTI Energy Inc. has seized the opportunity to become a diversified U.S. onshore oilfield services company. Patterson-UTI agreed in July to acquire drill bit designer and manufacturer Ulterra Drilling Technologies LP, just weeks after the announcement that it would merge with fracker NexTier Oilfield Solutions Inc. These moves could be the jolt that the OFS M&A market needs to start a new wave of consolidation.