Hints and tips:
...In April it bought Siccar Point Energy, the company behind the Cambo field, from private equity groups including Blackstone and Bluewater, in a deal worth nearly $1.5bn....
...The International Energy Agency said in May that energy companies must stop all new oil and gas exploration projects from this year to halt global warming....
...Kimmeridge Energy has hired Mark Viviano as head of public equities to lead a new investment strategy focused on equity underperformance in public exploration and production....
...These are all small points of inclarity, as we say, though perhaps they will become less small over the next six to nine months. Jefferies upgrades Natixis to “buy”: 2Q20 results – the short view....
...The company behind the project is a nine-year-old “start-up” of just 100 employees, called ispace....
...revolution that transformed the US into the world’s leading oil and natural gas producer involved hundreds of exploration and production companies, geologists, engineers and financiers....
...Sterling was down 0.6 per cent at $1.2953, a nine-session low, while the euro was 0.4 per cent higher at £0.8807....
...Chalk up another point for Carl Icahn in his battle with SandRidge Energy....
...At the peak of the tech boom, four of the top seven companies by market cap were in the tech sector, and at the peak of the oil bubble, five of the top seven were in the energy sector....
...Continental Resources, the US exploration and production company where Mr Hamm is chief executive and 76 per cent shareholder, last month added an extra rig to drill for gas in the Cana-Woodford shale formation...
...Talking to Iovine about his career and the energy that propelled his shifts from engineer to producer, label boss to digital boss, I wonder if he will eventually chafe at life in a big company, with all...
...But oil and gas companies may need to act faster if the ambitious plans of other large energy companies succeed....
...Mohammed bin Salman, the Saudi deputy crown prince, has said a listing of 5 per cent of the energy group could value it at more than $2tn, creating the world’s largest listed company....
...The yield on the US bank’s energy index had risen to 5.36 per cent on Tuesday, more than 1.9 percentage points above its low last April....
...In the first nine months of the year the cost of LBO credit climbed to 479 basis points above Libor, up from 388bp in 2013....
...S&P 500 companies saw earnings decline slightly in 2015. This was in large part due to falling revenues at energy companies, driven by falling oil prices....
...The company also operates 14 mines and exploration projects in Mexico, Peru, the US, Chile, Ecuador and Argentina....
...The engines point up for vertical operations and tilt forward for cruise — yielding a speed of about 275kt....
...That is not a traditional high yield mutual fund or a pension fund manager that can control its own redemptions or a long term buyandhold insurance company....
...Implied market volatility as measured by Vix, a widely watched barometer of investor sentiment, jumped 2.97 points to 31.40....
...Linn became the latest in a string of oil companies moving to lower exploration costs. Shares of Linn Energy, which were down 67 per cent last year, gained more than 8 per cent to $11.05....
...According to UBS, a $15 decline in the price of a barrel of oil adds 0.25 percentage points to eurozone growth after one year, with energy-dependent Germany getting a slightly bigger benefit....
...Virgin Galactic flights might, for example, in future open up suborbital intercontinental travel – or “point-to-point transportation” – ferrying the super-rich around the globe via the space environment,...
...Third Point has raked in more than $12bn since 2008, after a string of market-beating returns. In the past nine months alone, the fund is up 20 per cent....
...Urals Energy, the Aim-quoted oil and gas exploration company, gained nearly 18 per cent this week on takeover speculation, writes Neil Dennis ....
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