Homebuilders get more aggressive to sell the inventory, but prices are still far too high. By Wolf Richter for WOLF STREET. Despite huge inventories of new houses for sale, including completed houses, homebuilders have continued to build homes […]
EQT Corp. is acquiring upstream and midstream assets from private Marcellus E&P Olympus Energy for $1.8 billion. The deal includes $500 million in cash and approximately 26 million shares of EQT common stock valued at $1.3 billion, the […]
Excelerate Energy Limited Partnership, a unit of Excelerate, has priced its offering of $800 million in aggregate principal amount of 8.000 percent unsecured senior notes due 2030. The firm said in a statement that the […]
“Louisiana LNG has a foreign-trade zone, enabling the project to defer payment of tariffs until completion of each LNG train,” O’Neill said in Woodside’s quarterly report on Wendesday. “We are assessing the potential impacts of […]
Daily Standup Top Stories How would a Nuclear Deal with Iran impact the global oil markets? Can OPEC+ acctually enforce production limits is the second part of that question. While examining the headlines of other […]
Non-Chinese shipowners can breathe a sigh of relief that they can still order most ship types risk-free in China, according to HSBC, following last week’s decision by the US Trade Representative to water down penalties […]
Austin, Oakland, Saint Petersburg (FL), San Francisco, Chula Vista, Detroit, New Orleans, Denver, Jacksonville, Naples, Tampa, Mesa, Portland, Seattle. By Wolf Richter for WOLF STREET. Condos are often the first and biggest movers in local housing markets. Prices […]
Belgium’s CMB.TECH and one of Europe’s largest dry bulk owners, Golden Ocean, have signed a term sheet for a stock-for-stock merger that will create a maritime giant with a combined fleet of more than 250 […]
ENB Publisher Note: Does this mean more layoffs?? HIGHLIGHTS Targeting $1 billion in annual pre-tax free cash flow improvements Business optimization plan underway to improve margins and capital efficiency Plan includes improvements to base […]
ENB Publishers Note: This fall in line with what we are seeing with non-core divestitures. While we don’t what the total trade looks like – the $83M is a steep price for only 3,000 BOE/day […]
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