Edition:
United States

Shariq Khan

RPT-EXCLUSIVE-EQT bids for Chevron U.S. shale-gas assets in Appalachia - sources

Sep 17 2020

Sept 16 EQT Corp, the largest U.S. natural gas producer by volume, has placed a bid on Chevron Corp's Appalachia gas properties and a pipeline stake, people familiar with the matter said.

Exclusive: EQT bids for Chevron U.S. shale-gas assets in Appalachia - sources

Sep 16 2020

EQT Corp, the largest U.S. natural gas producer by volume, has placed a bid on Chevron Corp's Appalachia gas properties and a pipeline stake, people familiar with the matter said.

Canada's Pascal Biosciences partners with SoRSE to test cannabis-based cancer therapy

Sep 14 2020

Canadian biotech Pascal Biosciences Inc will start an early stage study of a cannabis-based cancer therapy in partnership with SoRSE Technology Corp, the companies told Reuters on Monday.

SEC approves NYSE proposal to allow IPO alternative

Aug 26 2020

The U.S. Securities and Exchange Commission said on Wednesday it approved a proposal by the New York Stock Exchange to allow companies to raise capital through direct listings.

Kadenwood buys EcoGen Lab to create $250 million CBD supplier

Aug 20 2020

California-based Kadenwood LLC said on Thursday it would buy EcoGen Laboratories as it looks to tap into rising demand for hemp-derived cannabidiol (CBD) products, while creating an integrated supplier worth about $250 million.

Cannabis industry readies for M&A after COVID-19 boosts weed demand

Aug 11 2020

After nearly a year of next-to-no deal-making, cannabis companies are gearing up for mergers and acquisitions as realistic stock valuations and the prospect of U.S. legalization attract buyers to a sector that has been decimated by oversupply and other issues, executives and investors say.

Calfrac investor Wilks Brothers launches rival restructuring deal

Aug 04 2020

Calfrac Well Services investor Wilks Brothers said on Tuesday it submitted a restructuring plan to reduce the company's debt, and that its terms were better than those proposed by the Canadian oilfield service provider's management.

Credit Suisse to combine energy banking groups as part of restructuring - memo

Jul 30 2020

July 30 Swiss bank Credit Suisse Group AG will merge its oil and gas banking group with the global infrastructure, utilities and renewables team as part of a broader restructuring announced earlier on Thursday, according to a memo seen by Reuters.

Chevron diversity ratio to improve as layoffs progress

Jul 24 2020

Oil major Chevron Corp expects to reduce the dominance of white males in company management during cost-cutting this year, upping the share of senior level jobs held by women and ethnic minorities to 44% from 38% last year, the company said in a statement.

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