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HomeFinance

Finance

Matador Resources Company
Big Oil Companies

Matador Resources Company Prices Upsized Offering of $900 Million of Senior Notes Due 2032

March 27, 2024 Mariel Alumit

DALLAS, Mar. 26 /BusinessWire/ — Matador Resources Company (NYSE:MTDR) (“Matador”) today announced that it has priced a private offering of $900 million of 6.500% senior unsecured notes due 2032 (the “New Notes”) at a price […]

Gazprom
Finance

Gazprom buys former Shell stake in Sakhalin Energy LNG

March 27, 2024 Mariel Alumit

Russian state-owned oil and gas major Gazprom has acquired a 27.5% stake in Russian liquefied natural gas (LNG) producer Sakhalin Energy for approximately $1bn (Rbs91.89bn), according to a government order. The stake was previously held […]

AI

Nuke-Powered Data Centers Coming to a City Near You

March 27, 2024 Andy Del Prado

Daily Standup Top Stories Mass casualties feared as boxship takes out bridge in Baltimore – other coal and exports blocked March 26, 2024 Stu Turley Many are feared dead in Baltimore following a dramatic bridge collapse […]

Oil
Crude Oil News

Oil settles lower as markets weigh Russian supply woes

March 26, 2024 Mariel Alumit

March 26 (Reuters) – Oil prices settled lower on Tuesday as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks. Front-month Brent crude futures due to expire […]

Oil
Exploration and Production

Oil market saw frenzy of hedge fund buying

March 26, 2024 Mariel Alumit

LONDON, March 25 (Reuters) – Investors have purchased oil at the fastest rate for more than four years, amid optimism that Saudi Arabia and its OPEC+ allies will continue to restrict production while an improving […]

BlackRock
Energy Transition

BlackRock’s Larry Fink ditches ESG for ‘energy pragmatism’

March 26, 2024 Mariel Alumit

The climate change-focused investment strategy known as ESG suffered another blow Tuesday at the hands of someone who was once its biggest steward on Wall Street: Larry Fink. The BlackRock CEO called for “energy pragmatism” in his annual […]

European
Finance

European Economies Limped Into 2024

March 26, 2024 Mariel Alumit

Several European countries will hold elections this year, with economic conditions and the Russia-Ukraine war dominating discussions. Slovakia, Lithuania and Romania will elect presidents; Lithuania and Romania will also elect parliaments, as will Belgium, Croatia […]

Germany
Energy Crisis

Germany used to be Europe’s economic powerhouse – it is fast becoming today’s sick man of Europe

March 26, 2024 Mariel Alumit

In 2010, the now German minister of the economy Robert Habeck wrote, in his book published that year, that “patriotism, love of country, that makes me want to vomit”. This was a typical sentiment among the Greens […]

Argentina
Crypto

Texan bitcoiners start mining in Argentina, where peso is in freefall

March 26, 2024 Mariel Alumit

Giga Energy, based in Houston, has teamed up with Exa Tech and Phoenix Global Resources to mine bitcoin in Argentina. The province of Mendoza is home to the world’s second-largest shale gas reserve. At the […]

Matador Resources Company
Finance

Matador Resources Company Announces Cash Tender Offer for Any and All of Its Outstanding 5.875% Senior Notes Due 2026

March 26, 2024 Mariel Alumit

DALLAS, Mar. 26 /BusinessWire/ — Matador Resources Company (NYSE:MTDR) (“Matador”) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of the approximately $699.2 million outstanding aggregate […]

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