Finance

New Fortress Energy To Likely Attempt IPO Shutdown Workaround

New Fortress Energy is likely to file for an IPO again on Jan. 24, changing its language and picking a target price for shares, the Wall Street Journal reported citing people familiar with the matter.

Jan 23 2019 - 4:55pm

PG&E Bankruptcy Darkens Outlook For Renewable Energy Investment

Credit ratings for several businesses that supply power to PG&E were cut sharply last week, potentially raising the cost of capital for the industry,

Jan 22 2019 - 5:00am

OPEC Forecasts Fall In Crude Demand On Global Imbalance

OPEC expects demand for the cartel’s crude in 2019 at almost 1 million barrels a day (MMbbl/d) less than last year as supply is expected to outweigh demand.

Jan 18 2019 - 11:21am

Bad Bets On Oil, Gas Spark Wave Of Energy-Fund Closures

Heavy losses in 2018 reinforce view that energy investments are unsafe.

Jan 18 2019 - 10:12am

Gulfport Energy Pressured By Hedge Fund To Issue Share Buyback

Hedge fund Firefly Value Partners criticized how Gulfport Energy has allocated capital and complained that current board members may not be committed to pushing for improvements.

Jan 17 2019 - 11:50am

SemGroup Boosts Montney Footprint With New KKR JV

Concurrent with its formation, the JV, SemCAMS Midstream, also agreed to acquire the Montney operating portfolio of Meritage Midstream ULC.

Jan 15 2019 - 12:25pm

Integrated LNG Company New Fortress Energy Launches $400 Million IPO

New Fortress Energy is looking to capitalize on a growing supply-demand gap by developing LNG assets particularly in areas with significant “stranded” natural gas reserves.

Jan 14 2019 - 11:15am

Citigroup Reportedly Names Greg Saksida New Head Of Canada Energy Banking

Citigroup has hired Greg Saksida from TD Securities to head energy investment banking in Canada, according to an internal memo seen by Reuters.

Jan 14 2019 - 7:35am

Fundraising: What to Expect in 2019

The head of a major placement agent discusses why large private equity firms will dominate the fundraising market, the global phenomenon of underreported statistics, and the rise of technology buyout funds.

Jan 11 2019 - 1:14pm

Targa Debt Offering Marks First High-yield Bond Deal Since November

Targa had initially planned to offer a $750 million bond but later doubled its debt offering due to strong investor demand, according to a Financial Times report.

Jan 11 2019 - 8:50am

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