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BHP Risks Credit Rating Downgrade on Oil Asset Sale

2021-08-24 11:10:00| OGI

The sale of BHPs oil business to Woodside Petroleum will reduce BHPs portfolio diversity and will raise its dependency on a single asset, says S&P Global.

Tags: rating sale credit oil

 

U.S. Energy Development Acquires Permian Asset Targeting Wolfcamp Shale

2021-08-18 18:15:00| OGI

U.S. Energy Development is on track to continue making investments in the Permian Basin and intends to reach $150 million in projects focused in the Permian by year-end 2021, says CEO Jordan Jayson.

Tags: development energy asset targeting

 
 

Marketed: NOGP Operated Turn-key Asset in Oklahoma

2021-08-18 18:10:00| OGI

NOGP Operating Co. Inc. retained RedOaks Energy Advisors for the sale of certain operated properties in Oklahomas Kay, Noble, Pawnee and Payne counties.

Tags: operated oklahoma asset marketed

 

Brookfield Asset Management Closes $7 Billion Global Transition Fund

2021-07-28 19:10:00| OGI

The fund, named Brookfield Global Transition Fund, is supported by founding investment partners, Ontario Teachers Pension Plan Board and Temasek, which both pledged major commitments.

Tags: management global fund transition

 

A $140 Billion Asset Sale: Investors Cashing in on Big Oils Push to Net Zero

2021-07-08 10:00:00| OGI

The pressure on listed oil majors could have unintended consequences if production passes to private or state-owned companies.

Tags: to net big sale

 

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