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Financials and Investment News in United States

Freeport LNG Closes Financing & Commences Construction of 3rd LNG
4/28/2015 - Freeport LNG Expansion, L.P. announced that its subsidiary, FLNG Liquefaction 3, LLC (FLIQ3), successfully closed on senior and mezzanine debt financing commitments of approximately $4.56 billion in c...
Honeywell Joins Oklahoma in Contributions to Local Economy
3/6/2015 - Honeywell showcased the benefits of the U.S. Export-Import Bank at a roundtable attended by Congressmen and local leaders at a Honeywell natural gas equipment manufacturing site near Tulsa, Okla. Okla...
ERHC Energy Issues Convertible Note to the Chrome Group
2/23/2015 - ERHC Energy Inc., a publicly traded American company with oil and gas assets in Sub-Saharan Africa, has issued a convertible note for the principal amount of $250,000 to The Chrome Group. The note wil...
Cheniere Engages to Arrange the Debt Financing for the Corpus Christi Liquefaction Project
12/12/2014 - Cheniere Energy, Inc. has engaged 18 financial institutions to act as Joint Lead Arrangers ("Arrangers") to assist in the structuring and arranging of up to $11.5 billion of debt facilities. The proc...
Pamela J. Huggins Retires from Parker as VP &Treasurer
10/17/2014 - Parker Hannifin Corporation, the global leader in motion and control technologies, announced that Pamela J. Huggins, Vice President and Treasurer will retire effective December 31, 2014, after 31 year...
Mexico’s Alemans to Invest in Oceanografia to Get Control
10/9/2014 - Mexico’s Aleman family, owner of the airline Interjet, said it reached agreement to make a capital injection into bankrupt oil-services provider Oceanografia SA to obtain a controlling stake. ...
CLG Announces $120M Deal with Duer Wagner Oil & Gas
12/16/2013 - CLG Energy Finance, LLC, an affiliate of Beal Bank focused on financing opportunities in the energy industry, announces the closing of a $120 million financing with Duer Wagner Oil & Gas III, LP, a Da...
NYMEX-Oil Slips Below $93 as US Fiscal Deal Euphoria Fades
1/3/2013 - U.S. crude futures fell below $93 a barrel, after rising to the highest in more than three months as the U.S. Congress approved a deal to prevent tax hikes and spending cuts that had threatened econom...
US Stock Movements in August 2012
US Stock Movements in August 2012 9/18/2012 - US total commercial oil stocks fell for the second consecutive month in August, declining by 13.6 mb to end the month at 1,091.8 mb. As a result, inventories stood at 12.4 mb or 1.1% below the level o...
The Crude Oil Futures Market Structure
The Crude Oil Futures Market Structure 6/26/2012 - The Nymex WTI market structure narrowed its contango by over 30% in May, with the first month-versus-second-month time-spread averaging around 33˘/b, almost 15˘ down from April. This was in line with ...
US Crude Falls Towards $94 on EU Recession Fears
5/15/2012 - U.S. crude prices dropped towards $94 a barrel, pressured by concerns that Europe would slip into a worse-than-expected recession. ...
Obama Renews Appeal to End USD 4 Bln in Oil And Gas Subsidies
3/2/2012 - U.S. President Barack Obama renewed his appeal to end USD 4 billion in oil and gas subsidies, as the price of petroleum inches higher at the pump. Speaking at a townhall meeting in New Hampshire, Obam...
Crude Oil Futures Market Structure
Crude Oil Futures Market Structure 11/29/2011 - Nymex WTI flipped into backwardation for the first time in three years on consecutive, larger than-expected draws in US crude oil inventories, particularly on the US mid-continent, amid high refinery ...
Kosmos Energy Closes Over-Allotment Option
6/14/2011 - Kosmos Energy Ltd. announces that the company closed the sale of an additional 1,518,242 shares of its common stock at the public offering price of $18.00 per share pursuant to the over-allotment opti...
Liberty Energy Corp. Announces Draw-Down
10/19/2010 - Liberty Energy Corp. is pleased to announce a further draw-down from its equity financing agreement. ...
BP Products to Pay Penalty for Texas Refinery
9/30/2010 - The U.S. Environmental Protection Agency (EPA) and the U.S. Justice Department announced that BP Products North America Inc. has agreed to pay a $15 million penalty to resolve federal Clean Air Act vi...
Schlumberger Announces Second-Quarter 2010 Results
7/23/2010 - Schlumberger Limited reported second-quarter 2010 revenue of $5.94 billion versus $5.60 billion in the first quarter of 2010, and $5.53 billion in the second quarter of 2009. ...
BP Claim Payments Exceed $100 Million
6/19/2010 - BP said that it has paid $104 million to residents along the Gulf Coast for claims filed as a result of the oil spill in the Gulf of Mexico. BP has issued more than 31,000 checks in the past seven wee...
BP Partners Anadarko, Mitsui Share Oil Woes, Markey Says
6/19/2010 - Anadarko Petroleum Corp. and Mitsui & Co. should pay into a multibillion dollar fund for claims tied to the leaking Gulf of Mexico oil well the companies co-own with BP Plc, U.S. Representative Edward...
BP Announces 2nd Block Grant of $25 m to Mississippi
6/10/2010 - BP announced it is providing the State of Mississippi with an additional $25 million grant to continue implementation of the State's Area Contingency Plan. ...

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