Finance

Finance , Investment , Crude Oil , Natural Gas

Producers Trim 2024 Hedges Amid Bullish Oil Prices, M&A

Meanwhile, gas-weighted players are benefitting from solid hedge books planned ahead of price uncertainty.

June 14, 2024

Investment , Finance , Solar

Swift Solar, with Backing from Italy’s Eni, Raises Tech Financing

Swift Solar, with backing from Italy’s Eni and others, has raised a total of $44 million for work transforming the solar energy landscape with perovskite tandem solar projects.

June 12, 2024

Finance , Exploration & Production , People

Energy Execs Plan Blank-check IPO to Buy E&P, Midstream Property

EQV Ventures Acquisition Corp. reports that $75 billion of aging private-equity investments are looking for liquidity in the next five years, and they want to be in the hunt to buy.

June 12, 2024

Public Capital , Finance

UGI Subsidiaries Commence Up to $450MM Offering of Senior Notes

UGI Corp. subsidiaries AmeriGas Partners and AmeriGas Finance commenced a cash offer to purchase up to $450 million of outstanding senior notes.

June 11, 2024

Investment , Acquisitions & Divestitures , Finance , Private Equity , Public Capital

Family Offices: Familiar and New Names Coming to Oil, Gas Table

Haynes and Boone semi-annual surveys of oil and gas lenders and producers reveal measured optimism capital formation—and a broader audience of family offices than seen in prior decades is tuning in.

June 6, 2024

Finance , Public Capital

UGI to Offer $600MM in Senior Notes Due 2028

UGI intends to use the net proceeds from the offering to refinance the company’s existing indebtedness, including under UGI’s senior credit facility and its subsidiaries, and for general corporate purposes.

June 6, 2024

Liquefied Natural Gas (LNG) , Finance , Field Development

Woodside’s Scarborough LNG Receives $1B Loan from Japanese Bank

Woodside Energy’s Scarborough LNG project, located off Australia’s coast, is scheduled to start shipping cargo in 2026.

June 2, 2024

Acquisitions & Divestitures , Shale Plays , Finance , Exploration & Production

The Shape of M&A to Come: Is Devon Up Next to Join the Spree?

ConocoPhillips' recent $17.1 billion deal to acquire Marathon Oil came after the company missed out on buying CrownRock and Endeavor, two companies Devon Energy took a hard look at, Moelis’ Stephen Trauber said.

May 30, 2024

Liquefied Natural Gas (LNG) , Natural Gas , Finance

Delay at Golden Pass LNG to Remove 219 Bcf of Demand

Despite a delay at Golden Pass LNG, East Daley still expect prices to average approximately $3.75/MMBtu in 2025.

May 30, 2024

Acquisitions & Divestitures , Shale Plays , Liquefied Natural Gas (LNG) , Natural Gas , Finance

Tellurian Goes All in on LNG with Upstream Divestiture to Aethon

Tellurian, which is developing the 27.6 mtpa Driftwood project in Louisiana, relaunched itself as a LNG pure play with the sale of its Haynesville upstream assets to Aethon Energy, but analysts see lingering financial problems for the company.

May 29, 2024