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Tag Archives: Natural Gas

Enterprise Products Partners Buys Teppco Partners

30-Jun-09

Enterprise Products Partners agreed yesterday to buy Teppco Partners LP for approximately US$3.3B, thus forming the biggest U.S. energy partnership. Enterprise Products Partners boasted that the takeover will provide it with a larger footprint, increase its earnings starting in 2010 and will yield at least US$20M in cost-saving. Combined, the partnerships will own nearly 48000 [...]

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Petroleo Brasiliero SA Looks Good

29-May-09

Yet again, Petroleo Brasiliero SA announced earlier this week, that it discovered evidence of natural gas in Brazil’s Espirito Santo Basin. Furthermore, oil prices have been skyrocketing lately, hitting US$65 around mid-day yesterday, and this will have a positive impact on the revenues of the company. Investors are clearly riding the wave of soaring oil [...]

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Overnight Market News – May 11, 2009

11-May-09

Centrica to Purchase 20% Stake in British Energy for GBP 2.3B HSBC Writes Off USD 2.4B on US Subprime Mortgage, Consumer Lending Operations, US Bad Debts Less Than Q04 2008 3i Group Plc Plans GBP 700B Rights Offering After Net Asset Value Plummets 50% Intel Bracing to Pay Fine for Anti-Competitive Behavior China’s Consumer Prices [...]

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