Breakwall Capital is stepping in to bridge the gap from the historic days of reserve-based lending, Breakwall Managing Partner and co-CEO Jamie Brodsky said at Hart Energy’s Energy Capital Conference in Dallas.
Under a Trump or Harris administration, shale producer’s focus on shareholder returns and market forces will likely influence E&Ps more than politics, Rystad Energy analysts say.
Enbridge, which has been at work on a software modernization project since 2020, is collaborating with Microsoft for improvements to efficiency and emissions reductions.
Asset-backed securitization or ABS, which transforms oil and gas reserves into negotiable financial assets, usually have a hedging element and offer producers another financing option, panelists said Oct. 3 at Hart Energy’s Energy Capital Conference (ECC) in Dallas.
The Detroit-based automaker is working to secure a supply of lithium iron phosphate batteries General Motors Co. hinted that it’s developing a lower-cost electric pickup truck that could boast a 350-mile range. The Detroit-based automaker is working to secure a supply of lithium iron phosphate batteries in North America, said Kurt Kelty, GM’s vice president …
GM Hints at Cheaper Electric Truck With 350-Mile Range Read More »
(Reuters) – U.S. gasoline demand rose by more than 1.1 million barrels per day in the week ended Oct. 4, the sharpest weekly increase since February 2001, data from the U.S. Energy Information Administration showed on Wednesday. Product supplied of gasoline, EIA’s measure of demand, hit 9.7 million barrels last week for the first time …
US Gasoline Demand Rose by the Most in a Single Week Since 2001, EIA Data Shows Read More »
(Reuters) – U.S. crude stocks rose as refining activity slipped last week, while gasoline and distillate inventories fell, the Energy Information Administration said on Wednesday. Crude inventories rose by 5.8 million barrels to 422.7 million barrels in the week ended October 4, the EIA said, compared with analysts’ expectations in a Reuters poll for a …
US Crude Stocks Rise, Gasoline and Distillate Inventories Fall, EIA Says Read More »
ONEOK’s M&A binge has propelled it to near the top of the sector. With so much midstream consolidation, what are its implications?
Ares will use the net proceeds from the offer will to cover a portion of the cash consideration for its previously announced $3.7 billion acquisition of the international business of GLP Capital Partner.
Bankers from CrossFirst, Texas Capital, BOK Financial and Comerica say that after a sluggish season of asset level deals, divestitures will come from larger-scale M&A, but it will take time.
