Summary • Trump tariffs on Canada and Mexico could start this weekend • Unclear if tariffs would exclude oil imports • Russian sanctions dampen supply prospects • OPEC+ to discuss U.S. output plans on Feb 3 (Reuters) – Oil prices were steady on Friday but on course for a weekly decline as markets wait to …
Oil Set for Weekly Decline as Trump Tariff Threat Looms Large Read More »
Private equity-backed oil and natural gas producer Infinity Natural Resources on Thursday raised $265 million in its initial public offering in the United States. The company, backed by buyout firms Pearl Energy Investments and NGP, sold 13.5 million shares at $20, within marketed range of $18 and $21. Energy has been a major theme in …
Pearl Energy-Backed Infinity Natural Resources Raises $265 Mln in US IPO Read More »
An emerging option to extend portfolio company deadlines is gaining momentum, eclipsing go-public strategies or M&A.
Private-equity-backed Infinity Natural Resources’ IPO pricing on Jan. 30 gives a first look into market valuation for Ohio’s new tight-oil Utica play. Public trading is to begin the morning of Jan. 31.
HNO International has agreed to supply hydrogen to a Texas-based company from its 1.25-megawatt hydrogen platform.
U.S. President Donald Trump on Thursday said he would be moving ahead to put a 25% tariff on imports from Mexico and Canada that would take effect on Feb 1. When asked if the tariffs would include tariffs being impossed on oil imports, Donald Trump responded as follows. “We may or may not. We’re going …
Baker Hughes Co. also signed a multiyear services agreement to support the first two phases of Venture Global’s Plaquemines LNG project in Louisiana.
Holders of EnLink units voted in favor of ONEOK’s $4.3 billion acquisition of the stock, ONEOK announced Jan. 30.
(Reuters) – Private equity firm NGP Energy Capital Management is exploring a sale of natural gas producer Camino Natural Resources, which may achieve a valuation of around $2 billion including debt, sources familiar with the matter said on Thursday. Among the largest remaining private producers in the Anadarko basin of Oklahoma, Camino covers around 135,000 …
Buyout Firm NGP Seeks $2 Billion Sale of Gas Producer Camino, Sources Say Read More »
Goldman Sachs and a group of Canadian investors had brought the suit related to ET’s Revolution pipeline.
