One Killed in Offshore Natural Gas Pipeline Explosion in Louisiana
An offshore natural gas pipeline that exploded near Venice, Louisiana, on Aug. 17, killing one person, was owned by Whitney Oil and Gas, the U.S. Coast Guard said on Aug. 19.
One Killed After Natural Gas Pipeline Explodes In Louisiana
The US Coast Guard is investigating a fatal blast at a natural gas pipeline in Louisiana. A contractor working on a pipeline near South Pass, Louisiana, went missing after an explosion and fire late Saturday, Coast Guard spokesman Ryan Schultz said. Local police found the deceased individual around 10 a.m. local time on Sunday. The …
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One Killed After Natural Gas Pipeline Explodes In Louisiana
The US Coast Guard is investigating a fatal blast at a natural gas pipeline in Louisiana. A contractor working on a pipeline near South Pass, Louisiana, went missing after an explosion and fire late Saturday, Coast Guard spokesman Ryan Schultz said. Local police found the deceased individual around 10 a.m. local time on Sunday. The …
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Quantum Capital Seals $1.8 Billion Deal for Caerus Oil and Gas
Quantum Capital Group has acquired Caerus Oil and Gas for about $1.8 billion including liabilities. Houston, Texas-based Quantum announced the closing of the deal in a statement on Monday. Bloomberg News reported in June that Quantum would buy the Rocky Mountain energy explorer. It’s doing the deal through portfolio companies QB Energy and Koda Resources. QB Energy is acquiring …
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Quantum Capital Seals $1.8 Billion Deal for Caerus Oil and Gas
Quantum Capital Group has acquired Caerus Oil and Gas for about $1.8 billion including liabilities. Houston, Texas-based Quantum announced the closing of the deal in a statement on Monday. Bloomberg News reported in June that Quantum would buy the Rocky Mountain energy explorer. It’s doing the deal through portfolio companies QB Energy and Koda Resources. QB Energy is acquiring …
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Hess Guyana’s Secret Value Becomes Part of Exxon Arbitration, Sources Say
Summary Panel to consider independent appraisal of Hess Guyana Exxon sees Chevron-Hess merger as disguised asset buy, say sources Hess Guyana makes up 70% of Chevron’s $53 bln bid, say analysts Chevron, Hess see appraisal as irrelevant to arbitration case Aug 20 Chevron last October offered to pay $53 billion for Hess, one of the two biggest deals …
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Hess Guyana’s Secret Value Becomes Part of Exxon Arbitration, Sources Say
Summary Panel to consider independent appraisal of Hess Guyana Exxon sees Chevron-Hess merger as disguised asset buy, say sources Hess Guyana makes up 70% of Chevron’s $53 bln bid, say analysts Chevron, Hess see appraisal as irrelevant to arbitration case Aug 20 Chevron last October offered to pay $53 billion for Hess, one of the two biggest deals …
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U.S. Issues Floating Wind Research Lease to State of Maine
(Reuters) – The Biden administration on Monday issued an offshore wind lease to the state of Maine for a small project that will demonstrate floating turbine technology off the U.S. East Coast. WHY IT’S IMPORTANT U.S. President Joe Biden has championed offshore wind as a key pillar of his climate change agenda. His Interior Department …
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Oil Prices Edge Down on Easing Geopolitical Risks, Weak China Demand
(Reuters) – Oil prices edged lower on Tuesday as Israel accepting a proposal to tackle disagreements blocking a ceasefire deal in Gaza eased supply concerns and China’s economic weakness weighed on the demand outlook. Brent crude was down 80 cents, or 1.03%, at $76.86 per barrel as of 0820 GMT. Front month U.S. West Texas …
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Quantum Capital Group Acquires Assets from Caerus Oil and Gas for $1.8 Billion
Establishes QB Energy to Own and Operate the Piceance Assets Existing Quantum Portfolio Company KODA Resources to Own and Operate the Uinta Assets HOUSTON, Aug. 19, 2024 (GLOBE NEWSWIRE) — Quantum Capital Group (“Quantum”) and Caerus Oil and Gas (“Caerus”) today announced the closing of a transaction under which Quantum, via two separate portfolio companies, …
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