(The Rockfeller Foundation, 3.Dec.2023) — Today at COP28, the United Nations Climate Change Conference, the U.S. Department of State, the Bezos Earth Fund, and The Rockefeller Foundation presented the core framework of the Energy Transition Accelerator (ETA), an innovative carbon finance platform aimed at catalyzing private capital to support ambitious just […]
Tag: Morgan Stanley
NRGBriefs: Petrobras on CVM; Morgan Stanley on Ecopetrol; GtE Guyana
HOUSTON, TEXAS (By Energy Analytics Institute, 4.Aug.2022, Words: 346) — Energy briefs including Petrobras receiving an official letter from the Securities and Exchange Commission of Brazil (CVM) answering questions sent by the company’s management concerning the nomination of candidates by the controlling shareholder to the board; and “Ecopetrol shares enjoyed […]
Excelerate Energy Launches IPO
(Excelerate, 4.Apr.2022) — Excelerate Energy, Inc. launched the roadshow for its initial public offering (IPO) of 16,000,000 shares of its Class A common stock. The initial public offering price is expected to be between $21.00 and $24.00 per share. The company also intends to grant the underwriters a 30-day option to purchase up to […]
Wall Street Giants Bet On Colombia Sinking Deeper Into Junk
(Reuters, 20.May.2021) — Wall Street banks predicted on Thursday that Fitch would downgrade Colombia’s credit rating to junk before the year is out and spark forced selling after a similar move by S&P Global Ratings on Wednesday. Colombia has come into focus after President Ivan Duque was forced to withdraw […]
Venture Global LNG Closes $500mn Term Loan
(Venture Global, 11.Feb.2021) — Venture Global LNG, Inc. announced today that it has closed a $500mn term loan with JPMorgan Chase Bank, N.A., Morgan Stanley Senior Funding, Inc, Mizuho Bank, Ltd., and Bank of America N.A.  The proceeds will be used to fund pre-FID construction activities at the company’s […]
Ali Moshiri Seeks $500mn For Post-Sanctions Venezuela
(Reuters, Jennifer Hiller, 21.Oct.2019) — The former chief of Chevron Corp’s Latin American operations is moving to raise $500 million from big financial firms to invest in Venezuela once U.S. sanctions are eventually lifted, confident that political change will come and that foreign investment will be needed to boost sagging […]
Shale Gluts, Ship Rules Make Heavy Sweet Oil An Unlikely Star
(Bloomberg, Serene Cheong and Dan Murtaugh, (30.Nov.2018) — There’s a rising star in the oil world, and it’s heavy and sweet. Dense, low-sulfur oil, known in industry parlance as heavy sweet crude, is fetching increasingly stronger prices relative to benchmark lighter grades. For example, Angola’s Dalia traded at just 10 […]
Natgasoline Places Around $900 Million Of New Debt
(Proman and CEL, 2.Nov.2018) — Consolidated Energy Limited (CEL) and OCI N.V. announced that their subsidiary Natgasoline LLC, the largest methanol production facility in the United States and one of the largest globally, has priced around $900 million of new senior secured debt financing, including a $565 million Term Loan […]
Bolsonaro Gets Brazilian Oil Windfall With Output Poised To Soar
(Bloomberg, Sabrina Valle, 29.Oct.2018) — Brazil’s President-elect Jair Bolsonaro is staring at an oil windfall. After a decade of stagnant production, Brazil’s offshore mega-projects are about to deliver a double whammy with exports set to surge and Brent prices comfortably above $70 a barrel. This means more revenue for a […]
Gran Tierra Common Stock Offering
(Gran Tierra Energy Inc., 29.Nov.2016) – Gran Tierra Energy Inc. closed the previously announced underwritten public offering of shares of its common stock. The company sold 43,335,000 shares of its common stock at a public offering price of US$3 per share, for aggregate gross proceeds to the company of approximately […]