Long dominated by deals struck in secret, the $230 billion LNG industry is slowly seeing light as global traders push for more transparency in the booming market.
The company announced on July 11 that it has already raised $1.5 billion for the Global Energy and Power Infrastructure Fund III.
The company expects to fully fund this year’s $3 billion program, as well as its dividend and capex, with cash from operations.
Anadarko Petroleum on July 9 announced its board of directors has authorized an expansion of the company's share-repurchase program to $4 billion, representing a $1 billion increase.
With gas prices low, the company is planning to grow its liquids production this year, its CEO, Benjamin Hulburt, said during DUG East.
Brent crude slipped below $77/bbl on July 6, under pressure from higher Saudi production and trade tensions between the U.S. and China, despite support from oil supply disruptions.
Chevron has kicked off the sale of a number of its oil and gas fields in the North Sea as part of a review of the U.S. giant's European operations.
Enbridge Inc. would sell its western Canadian natural gas gathering and processing business to Brookfield Infrastructure Partners LP
Brent oil rose on July 4, driven higher by a threat from an Iranian commander and a drop in U.S. crude inventories for the second week in a row caused by an outage at a Canadian facility.
Waterous Energy made the final close of its inaugural fund targeting oil and gas investments in North America at its hard cap of C$1.4 billion (US$1 billion).