The Golden Age Of Oil And Gas Producers (NYSEARCA:XOP)
Oil and gas producers are making more money today than in 2014. Despite this, shares are at much lower prices and energy is a smaller % of the broader market.
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Oil and gas producers are making more money today than in 2014. Despite this, shares are at much lower prices and energy is a smaller % of the broader market.
Spain’s Enagás Internacional and Canadian asset manager Omers Infrastructure are set to divest their stakes in GNL Quintero (GNLQ).
Areti Energy SPV, the firm of Russian billionaire Igor Makarov, has divested over half of its interest in Spartan Delta for $121.5m.
The government of Norway has ruled to increase Skarv gas production, as part of its efforts to meet European energy demands.
US-based Caerus Oil and Gas is considering a sale that could value it at over $2.5bn, including debt, Reuters has reported.