Finance and Investment News

The latest oil and gas news from around the world.
  1. Mozambicans voted Tuesday in elections that have the highest stakes in the southeast African nation's history, after a campaign marked by violence, insurgent attacks and fallout from a debt scandal.
  2. Advisers working on Saudi Aramco's mammoth share sale may split a fee pool of as much as $450 million, making it one of the biggest IPO pay outs globally.
  3. Private equity firm Tailwater Capital LLC has committed to investing more than $500 million to Goodnight Midstream, a company that builds and operates midstream oilfield water infrastructure for producers.
  4. The prospect of Elizabeth Warren becoming the 2020 Democratic presidential nominee, or the 46th president of the United States, has energy investors worrying about risks to hydraulic fracturing.
  5. Shareholders of global oil giants will be "drowned" in cash from dividends and buybacks for the next 20 years as the firms shift their capital structure to finance renewable projects, according to Rystad Energy.

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