Lime Rock, a private equity firm focusing on the global energy sector, today announces the closing of Lime Rock Resources II with $410 million in total capital commitments. Like the first Lime Rock Resources fund, Lime Rock Resources II will seek to acquire, directly operate, and improve lower-risk oil and gas properties in the United States. Together with the Lime Rock Partners funds, which invest...
Research and Markets has announced the addition of the “Monthly Price Brief – A Review of European Gas and Power Price Trends: April 2008″ report to their offering. The growing role of wholesale traded energy markets across Europe creates a greater need for players throughout the value chain to be aware of the latest market movements and developments. From the wellhead or power station...
Oil set a record above $115 a barrel on Thursday as a drop in U.S. gasoline inventories raised concern of tighter supply and a weak dollar boosted investor demand for commodities. A U.S. government report on Wednesday showed a surprise drop in crude inventories and a larger-than-expected decline in stocks of gasoline. Demand for the motor fuel usually peaks in the summer. “Summer driving season...
Texas Energy Holdings, a privately held energy investment firm concentrating in active development of oil and gas fields, has announced its President and CEO Chad Willis has been invited to speak to senior level pension funds and investment executives from leading Japanese companies about the diversification benefits of oil and gas investments in the United States. Japan represents the second largest...