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HomeFinance

Finance

Crypto - ENB
Crypto

Why Singapore is one of the most crypto-friendly countries

February 12, 2022 Stu Turley

At the end of 2021 — a year in which Bitcoin (BTC) and Ether (ETH) rose 100% and 300%, respectively — global crypto rating company Coincub ranked Singapore as the most crypto-friendly country in the world due […]

Brigham Minerals - ENB
Finance

Brigham Minerals, Inc. Announces Highly Accretive Midland Basin Acquisition

February 12, 2022 Stu Turley

AUSTIN, Texas–(BUSINESS WIRE)–Brigham Minerals, Inc. (NYSE: MNRL) (“Brigham Minerals,” “Brigham,” or the “Company”), today announced it has entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interests in the Midland Basin […]

Chevron
Crude Oil News

Exclusive-U.S. weighs Chevron request to take Venezuela oil for debt payments -sources

February 9, 2022 Mariel Alumit

HOUSTON/WASHINGTON (Reuters) – The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt, four people close to the discussions […]

Banks Get ESG Upgrades -ENB Despite Lending Billions for Fossil Fuels - ENB
Finance

Banks Get ESG Upgrades Despite Lending Billions for Fossil Fuels

February 7, 2022 Mariel Alumit

The world’s leading rater of green credentials is rewarding some of Wall Street’s biggest banks even though they continue to lend billions of dollars to fossil-fuel companies. Those credentials come in the form of upgrades from […]

Adani Renewables - India - ENB
Finance

Adani Green Energy arms raise Rs 612 cr for debt refinancing

February 6, 2022 Mariel Alumit

Three arms of Adani Green Energy Ltd (AGEL) have collectively raised Rs 612.30 crore through their maiden domestic bond issue on a private placement basis for debt refinancing. According to a company statement, rated, listed, secured, redeemable, […]

Saudi Aramco
Commodities

Saudi Arabia’s Aramco Raises Oil Prices as Crude Surges

February 5, 2022 Mariel Alumit

Aramco’s move follows Brent oil jumping above $93 a barrel Prices climbing with demand strong and supply disruptions Saudi Arabia raised oil prices for customers in Asia, the U.S., and Europe after crude’s surge to […]

Stocks - NYSE - ENB
ESG

The ESG Market Is Controlled by a Few Big Investors

February 4, 2022 Mariel Alumit

The market for ESG-focused exchange-traded funds has been among the world’s hottest investment areas for more than two years now. About $120 billion flowed into these funds in 2021 as investors increase their bets on companies deemed […]

Stocks rally, oil dips as investors eye Russia, Ukraine sanctions
ESG

Many Big ESG Funds Are Just Glorified Market Trackers

February 2, 2022 Mariel Alumit

In the recent market tumult, the largest ESG-focused exchange-traded funds in the U.S. are again showing that they are little more than market trackers—with even worse performance. The iShares ESG Aware MSCI USA (ticker ESGU), which claims […]

Benchmarks rose despite the U.S. Federal Reserve's announcement that an interest rate hike will come in March.
Commodities

Oil Markets Enjoy Degree of Inflation Immunity

January 29, 2022 Mariel Alumit

Oil markets experienced a degree of inflation immunity Thursday. That’s according to Rystad Energy’s Senior Oil Markets Analyst Louise Dickson, who noted that benchmarks rose despite the U.S. Federal Reserve’s announcement that an interest rate […]

It may bee boom time for the oil - rich powder river basin
Exploration and Production

Continental to buy Chesapeake Energy’s Powder River Basin oil, gas assets for $450 million

January 29, 2022 Mariel Alumit

The deal comes with 19,000 boe/d of production Offers early-stage entry, ‘promising’ targets: Platts Analytics Chesapeake buys Chief’s Marcellus holdings for $2 billion Big independent oil producer Continental Resources said Jan. 25 it will buy […]

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