Thursday, December 19, 2024

How Perry Got Solar and Oil Lobbyists to Unite

From Bloomberg Energy Secretary Rick Perry’s plan to bail out coal is aligning disperate groups ‘I haven’t seen the industry this rattled in a long time’ In his 20 years of promoting renewable energy in Washington, Gregory Wetstone has made common cause with a range of special interest groups:- environmentalists, power utilities, even a handful of natural gas producers. But

Oil in 2018: Stuck Between Thirst to Grow and Demands of Value-Focused Investors

From Bloomberg Energy stock issues halved—equity issues on pace for 8-year low; M&A and IPO activity petered out after strong start The equity window is closed; reversal next year will depend on commodity price, fiscal discipline – Tudor Investor exhaustion with poor returns from the oil and gas industry may mean less financing to expand the U.S. shale boom next