Sparked by the United States lifting a 40-year ban on crude oil exports in late 2015, the CME Group and Argus have both joined the U.S. Gulf Coast competition to provide contract deliverable oil futures to traders. “It’s going to be a primarily commercial contract to start with – we’re seeing this as something that will be of interest to
Teekay LNG Partners Declares Distributions on Series A and B Preferred Units
Clearway Energy, Inc. Announces Proposed Offering of Class C Common Stock
Starwood Energy To Acquire Two Combined-Cycle Plants From Dominion Energy
From Reuters Global Benchmark Brent crude jumped more than 3 percent on Monday to a four-year high above $80 a barrel after Saudi Arabia and Russia ruled out any immediate increase in production despite calls by U.S. President Donald Trump for action to raise global supply. The Organization of the Petroleum Exporting Countries and non-OPEC states, including top producer Russia,
Power grid pressure: Climate change to increase electricity demands
Dominion Energy Announces Non-Core Asset Sales
Callon Petroleum Company Announces Upcoming Investor Events
From Reuters Exxon Mobil Corp (XOM.N), Royal Dutch Shell Plc (RDSa.AS) and other companies will gather on Friday in possibly their last crack at Brazil’s coveted offshore oil for another four years, as a wide-open election spurs fears about barriers to foreign investment. The auction in Rio de Janeiro for four blocks in the Santos and Campos basins comes just
From Bloomberg Tullow Oil Plc said an exploration well off Namibia was a dud, damping enthusiasm over a frontier area that’s attracted renewed interest amid oil’s recovery. The Cormorant-1 well in the PEL-37 license found only “non-commercial hydrocarbons,” London-based Tullow said Monday. While disappointing, the announcement was shrugged off by investors who hadn’t pinned hopes on a discovery. Tullow rose 2.7 percent to
CenterPoint Energy announces concurrent public offerings of $1.50 billion of Common Stock and $0.75 billion of Depositary Shares representing interests in Series B Mandatory Convertible Preferred Stock
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