Energy – Page 32 – The News Desk

Icahn Gets Breathing Room From Lenders Following Short-Seller Attack

10Jul

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Money

Icahn Gets Breathing Room From Lenders Following Short-Seller Attack

Deal unties his personal loans from the trading price of Icahn Enterprises.

9Jul

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Business

Hottest Days Ever? Don't Believe It

‘Average global temperature’ is a meaningless measure, and comparisons to 125,000 years ago are preposterous.

U.S. Oil Boom Blunts OPEC's Pricing Power

7Jul

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Money

U.S. Oil Boom Blunts OPEC's Pricing Power

U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major oil exporters to drive them higher.

2Jul

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World

Joe Biden's $400 Billion Man

Jigar Shah, who runs the Energy Department’s loan program, is trying to hand out a lot of money for green-technology projects, while navigating an unforgiving political environment.

Market Bets on Cheaper Oil, Undermining Saudi Hopes for a Price Rebound

2Jul

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Money

Market Bets on Cheaper Oil, Undermining Saudi Hopes for a Price Rebound

The oil market has flashed a warning to Saudi Arabia: The world economy is weakening, and the kingdom’s efforts to boost prices have run into a wall of excess supply.

Kimmeridge-Backed Civitas to Buy Oil and Gas Assets for $4.7 Billion in Consolidation Push

20Jun

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World

Kimmeridge-Backed Civitas to Buy Oil and Gas Assets for $4.7 Billion in Consolidation Push

Kimmeridge Energy Management co-founder Ben Dell for years has prodded large oil and gas companies to speed up consolidation in the sector. Now a Kimmeridge-backed producer, Civitas Resources, is becoming a consolidator in its own right. Denver-based Civitas agreed to acquire assets from Hibernia Energy III and Tap Rock Resources, companies...