Tellurian, Institution Investor Agree to New Loan Repayment Terms
Tellurian reached an agreement with an unnamed institutional investor to pledge its interest in the Driftwood project as collateral.
Green Swan Seeks US Financing for Global Decarbonization Projects
Green Swan, an investment platform seeking to provide capital to countries signed on to the Paris Agreement, is courting U.S. investors to fund decarbonization projects in countries including Iran and Venezuela, its executives told Hart Energy.
Prairie Acquiror Announces Offering of $400MM Senior Notes
Prairie Acquiror intends to use the notes offering to refinance outstanding debt under its existing term loan credit facility.
Occidental to Divest Some Permian Assets after Closing CrownRock Deal
Occidental CEO Vicki Hollub said plans to divest non-core Permian assets would come after closing the pending acquisition of CrownRock — but reports have since emerged that the company is considering selling its share of Western Midstream Partners, valued at about $20 billion, according to Reuters.
Tethys Oil to Recognize Up to $47MM Impairment Charge for Q4 2023
Tethys also expects to recognize Q4 2023 exploration costs of $6.3 million relating to four exploration wells in blocks 3 and 4 of their interest in the Sultanate of Oman.
Defying Expectations, Solar Lures $34.3B in Corporate Funding in 2023
Corporate funding for the solar sector hit a decade high last year, but M&A activity saw a year-on-year decline, according to the Mercom Capital Group.
XGS Energy Secures $9.7MM in New Financing
XGS Energy's latest funding round will demonstrate the commercial readiness and scalability of its new thermal reach enhancement technology.
Behind The Scenes: The Pioneer Exxon Deal from A to XOM
Pioneer was a potential buyer of a mystery E&P before deciding to sell to Exxon Mobil. Between June 22 and Oct. 10, terms of 2023’s largest U.S. oil and gas merger were debated.
BrightNight Closes $375MM Corporate Credit Facility
The credit facility is expected to boost BrighNight’s project portfolio which includes solar, energy storage and integrated technologies.
Enterprise Prices $2B Worth of Senior Notes
Enterprise Products Partners will use proceeds from the public offering of notes for general company expenses, capital investments and repayment of debt maturing in February 2024.