Crescent Energy Nears $2.1B Deal for SilverBow
Crescent Energy Inc. agreed to buy SilverBow Resources Inc.
Crescent Energy Inc. agreed to buy SilverBow Resources Inc.
Oil erased earlier losses to close higher, but remained within a tight range as traders weighed shrinking US stockpiles and the outlook for inflation in the world's largest economy.
'Any extended delays in publication of guidance for the Sec. 45Z credit may disrupt project timelines, impede capital flows, and threaten existing production and demand for low carbon renewable fuels'.
The U.S. Energy Information Administration revealed its latest Henry Hub gas price forecasts for 2024 and 2025.
'These are not reasonable terms for a resolution to the blockade'.
Vessels have been forced to reroute around Africa to transport fuel between the Atlantic and Pacific basins.
Over 3,000 metric tons of neat SAF blended with conventional jet fuel will be supplied into the fueling infrastructure network of Heathrow airport until the end of summer.
'Although this is a value-neutral swap, this alignment of ownership will add more value to all parties from the Halten-area over time'.
Rigzone looks at a new report from the Institute for Energy Research.