16 h. ago Energy Trader BGN Plans Global Gas Push Ahead of New Supplies

Energy trader BGN is set to expand its fledgling natural gas business into a global portfolio with stakes in plants, vessels and pipelines.

Economics

31 h. ago Citadel’s Apex Said to Buy Gas Assets from Jerry Jones’ Comstock

Apex Natural Gas, owned by hedge fund giant Citadel, has agreed to buy natural gas assets in Texas for about $430 million from billionaire Dallas Cowboys owner Jerry Jones’ Comstock Resources Inc., people familiar with the matter said.

Economics

4 d. ago Gunvor’s Billionaire CEO Törnqvist to Quit, Sell Stake to Staff

Gunvor Group owner and Chief Executive Officer Torbjörn Törnqvist will step down and sell his majority stake in the energy trader to senior staff, just weeks after the company was labeled a “puppet” of the Kremlin by the US government.

Economics

2 w. ago BB Energy Loses Half its Houston Traders Amid Tough Oil Market

BB Energy has lost roughly half of its traders from its Houston oil desk in recent weeks and is reorganizing amid a tough environment for oil and commodity markets.

Economics

2 w. ago Hedge Fund Verition Adds Energy Traders in Tough Year for Market

Hedge fund Verition Fund Management is hiring in energy, going against the grain in a year when many traders have struggled to make money.

Economics

2 w. ago Activist hedge fund Elliott builds stake in gold miner Barrick

Activist investor encouraged by idea that the miner could split into two companies under new leadership

Other

2 w. ago Ukraine Energy Trader Boosts US Gas Imports Via New Supply Route

DTEK, Ukraine’s largest private energy company, is expanding the country’s gas trading routes by bringing more US seaborne supplies as it races to secure energy for winter.

Economics

3 w. ago In a tough condo market, One Ten Avenue Road is the exception

Surrounding Yorkville neighbourhood is called the ultimate amenity It’s true that economic turmoil has softened activity in Toronto’s condo market, but that hardly tells the entire story. Demand for condos in Yorkville remains the exception to the rule, because, while extremely coveted, this hyper-dense locale seldom sees new developments launch. That’s one reason, according to […]

Transport

3 w. ago Hedge Fund Man Group Hails New Era After $13 Billion Mandate

Man Group Plc, the world’s largest publicly traded hedge-fund manager, is seeing growth in client flows as a number of institutional investors in Europe reassign mandates based on sustainability criteria.

Economics

4 w. ago In a tough week for equities, this TSX company’s stock bucked the trend  

The Week in Stocks: TSX winners and losers; AI bulls, bears and 'choke points' and a big-name TSX stock price hike

Economics