Revelo Provides JV Updates
Newmont Announces Underwritten Sale of Common Stock
[Business Wire] – Newmont Mining Corporation today announced that it has agreed to sell 29,000,000 shares of its common stock to Citigroup and J.P. Morgan, each of which will act as underwriters for the offering, for total gross proceeds of approximately $682 million.
Santa Barbara rejects Exxon request to truck oil after pipeline spill
(Reuters) – Santa Barbara County rejected Exxon Mobil Corp’s emergency permit application to temporarily haul crude using tanker trucks following a recent pipeline rupture, officials in the Southern California county said on Tuesday. Planning and Development assistant director Dianne Black denied Exxon’s request, saying the case did not warrant an emergency approval. Exxon can apply for approval again through the customary permit process, a statement from the County office said.
Canada's top pension plan signals big ambitions with GE deal
By Euan Rocha TORONTO (Reuters) – The Canada Pension Plan Investment Board (CPPIB), already a major global investor, has signaled even greater ambitions with a $12 billion transaction with GE Capital that insiders and advisors said may herald larger deals. The C$264 billion ($213 billion) pension fund manager’s decision not to seek a partner for the purchase of GE’s private equity lending portfolio also highlights its growing confidence and suggests
Request by Exxon to haul oil after pipeline break denied
SANTA BARBARA, Calif. (AP) — Officials denied a request Tuesday by Exxon Mobil to temporarily use tanker trucks to transport crude oil from offshore wells through Santa Barbara County after a recent pipeline break that has become the state’s largest coastal oil spill in 25 years.
Richard Russell – The Next Mega Disaster Is Already In Progress
As people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, warns that the next mega disaster is already in progress. Russell also discusses what it all means as well as how investors can protect themselves.
Venezuela blames Exxon Mobil for row with Guyana over disputed waters
Venezuelan President Nicolas Maduro blamed Exxon Mobil for strains with neighboring Guyana over disputed territorial waters, and said diplomacy should ultimately win out. A decree issued by Caracas on May 27 lays claim to waters off the Essequibo River region, a disputed territory that borders Venezuela and encompasses more than half of Guyana. The Venezuelan action came less than a month after Exxon Mobil said it had made a significant
Mortgage Rates Jump Higher as They Near 4%
Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans rose this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.96 percent, up 18 basis points from the same time last week. The 30-year fixed mortgage rate rose to 3.98 percent Friday, then hovered there before settling