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Dallas PE firms back Houston energy startup
Two Dallas-based private equity firms are backing a new Houston upstream oil and gas company, Eagle Mountain Energy Partners LLC. Eagle Mountain was founded with backing from Pearl Energy Investments and NGP Energy Capital, according to Jan. 29 press rel.....»»
Sinochem unit gets $1.65 billion investment from state firms
Sinochem Energy, a unit of China's Sinochem Group, has agreed to sell a 20% stake to five state-owned firms for 11.56 billion yuan ($1.65 billion), Xinhua news agency reported......»»
Oilfield service firms have a bearish outlook for 2020: Dallas Fed
With their business outlook worsening, about half of oil field service firms plan to cut spending in 2020, the Federal Reserve Bank of Dallas said on Friday in its quarterly energy survey......»»
ConocoPhillips agrees to sell Australian assets to Santos for $1.39 billion
Energy company ConocoPhillips said on Monday it had agreed to sell most of its Australian assets to rival Santos Ltd for $1.39 billion, with the deal expected to close in the first quarter of 2020......»»
Saudis To Meet All Ex-Iran Crude Orders As Possible OPEC Collapse Looms
Saudi officials have signaled the kingdom plans to meet all orders from former buyers of Iranian oil for the month of June. US Energy Secretary Rick Perry confirmed in statements made Tuesday that OPEC's de facto leader Saudi Arabia would increase.....»»
US approves deals to share nuclear tech with Saudi Arabia
Energy Secretary Rick Perry says he has approved six applications for U.S. companies to sell nuclear power technology and provide assistance to Saudi Arabia......»»
Lumber Liquidators Agrees To $33M Penalty For Securities Fraud
Lumber Liquidators Holdings Inc (NYSE: LL) confirmed Tuesday it will pay a $33 million penalty in exchange for reaching a resolution with multiple government authorities. Latest Ratings .....»»
U.S. energy firms chasing oil price rally stumble on old baggage
NEW YORK (Reuters) - With oil price recovery taking hold, several U.S. oil and gas companies entered 2018 with a compelling plan - sell undeveloped or less essential fields and invest the money to boost returns from their sweetest, most productive spots......»»
Proxy firms recommend approval of NuStar Energy, NuStar GP Holdings deal
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Asian Markets Move Lower
Energy firms led a sell-off in most Asian equity markets on Tuesday while confidence remains fragile owing to ongoing fears of a global trade .....»»
Baker Hughes to Divest NGS Business for $375M via 2 Deals
Baker Hughes (BHGE) agrees to sell Natural Gas Solutions Business to two firms, namely First Reserve and Pietro Fiorentini, for $375 million. B.....»»
Chesapeake Energy Corporation Agrees To Sell Utica Shale Position For $2.0 Billion, Provides Powder River Basin Update And 2018 Updated Guidance
Chesapeake Energy Corporation Agrees To Sell Utica Shale Position For $2.0 Billion, Provides Powder River Basin Update And 2018 Updated Guidance PR Newswire OKLAHOMA CITY, July 26, 2.....»»
TransCanada agrees to sell share of Cartier Wind Energy for about C$630M
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Cenovus Energy agrees to sell Pipestone business for $625M
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Energy Sector Remains Robust Though Pipeline Constraints Threaten: Dallas Fed
In its quarterly survey of energy firms in the Eleventh Federal Reserve district, Dallas Fed officials report that expansion remains strong but there are concerns about when pipeline constraints will........»»
Ashland agrees to sell composites business and butanediol facility to INEOS in deal valued at $1.1 billion
Ashland Global Holdings Inc. .....»»
Energy Sector in the Doldrums: Dallas Fed
Oil and gas firms in the 11th Federal Reserve District, which includes Texas and parts of New Mexico and Louisiana, reported that growth slowed to near zero in the fourth quarter of 2018......»»
Targa Resources shares jump 7% after company agrees to sell North Dakota stake in $1.6 billion deal
Targa Resources Corp. shares jumped about 7% Tuesday, after the company said it has agreed to sell a 45% stake in Targa Badlands to private-equity firms GSO Capital Partners and .....»»
Ashford, looking to leave NYSE, sells Boston hotel for $171M
Dallas-based Ashford Hospitality Trust had announced earlier this year that it had an agreement to sell the property for $171 million. Now the buyers have been revealed......»»
Clean energy company receives $136 million loan for solar project
The construction loan comes from one of Japan's largest financial services firms......»»