U.S. pipeline giant Kinder Morgan said its Canadian unit filed a prospectus for an initial public offering of restricted voting shares, to help finance the $5.48 billion Trans Mountain expansion project.
Brazil’s state-run oil company Petrobras reported a 3.6% drop in its domestic oil production in March due to maintenance stoppages, but overseas production was up 4% month-on-month, Kallanish Energy learns.
Argentina’s shale-rich Neuquén Province will hold a meeting with oil investors in Houston tomorrow, a day before President Mauricio Macri meets his U.S. counterpart Donald Trump, province’s governor Omar Gutiérrez said last week.
UK’s energy utilities Centrica and SSE saw their shares drop 4-5% on Monday following pledges by the Conservative party to cap domestic energy prices in the country, if it was to win the election manifesto proposed to June 8, Kallanish Energy reports.
A consortium led by Hong Kong-based infrastructure giant Cheung Kong Infrastructure (CKI) has been approved by Australia’s Foreign Investment Review Board (FIRB) to acquire energy utility business operator Duet Group for $5.2 billion.
Denver-based independent hydraulic fracturing services provider Liberty Oilfield Services on Monday said it’s launched an initial public offering of 22.86 million shares of Class A common stock at an anticipated initial offering price between $16 and $19 per share.