Yesterday, Shell Energy North America announced that they have officially signed an agreement to purchase MP2 Energy LLC. The signed agreement is only the first step in the acquisition process, as the agreement still needs to be approved by regulators. This approval process is expected to wrap up before the last few months of 2017. According to a recent press release published by Cision PR Newswire, Glenn Wright, Vice President of Shell Energy North America provided the following statement: “We are proud to bring MP2 into the Shell Energy North America family,” he said. “MP2 has established itself as a significant...
Some consumers use the Texas powertochoose website to search for electricity deals. The problem with powertochoose is that it displays any offer submitted by a licensed retail electric provider.  As a result, you have to sort through a confusing array of hundreds of offers from suppliers of varying quality.  Furthermore, some Texas electric companies are notorious for optimizing their rate plans on powertochoose to look more appealing than they may actually be.
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Following a warning from the FBI last month that Russian hackers were attacking the US power grid, Energy Services Group (ESG) has been knocked offline for the second time in recent months. As of this writing, ESG’s systems remain offline to scores of brokers, suppliers, and utilities in Texas that rely on them every single day.  ESG has yet to release many details in regards to the continued outage, but it has stated that it will be down until “further notice.” ESG not only strongly supports and impacts Texas’ energy operations, but dozens of other states, provinces, and prefectures,...
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