EnCap Investments seeks sale of Utah oil producer XCL Resources, sources say
By Shariq Khan and David French (Reuters) – EnCap Investments is seeking to sell XCL Resources, four people familiar with the matter said, two years after the private equity firm’s plan to…
Child Sex Trafficker And Producer Of Videos Of Child Sex Abuse Sentenced To 55 Years In Federal Prison
Jacksonville, Florida – U.S. District Judge Timothy J. Corrigan has sentenced Mark Manuel Angeles Marino (27, Jacksonville) to 55 years in federal prison for child sex trafficking and the production, receipt, and…
U.S. shale producer EOG pays $847 million to settle third-quarter hedges
(Reuters) – Shale oil and gas producer EOG Resources Inc paid $847 million during the third quarter to settle wrong-way bets on energy prices, the company said in a regulatory filing on…
Russian aluminium producer Rusal reshuffles sales team
MOSCOW (Reuters) – Russia’s Rusal has reshuffled its sales team, the giant aluminium producer said on Tuesday, signalling the intensifying fight to keep its sales book solid despite the effect of Western…
Top diamond producer De Beers names Equinor’s Cook as new CEO
LONDON (Reuters) -Anglo American’s De Beers has appointed oil and energy industry executive Al Cook as its new chief to replace Bruce Cleaver, who steps down after eight years at the helm…
Euro zone Aug producer prices rise slightly more than expected
BRUSSELS (Reuters) – Euro zone producer prices jumped slightly more than expected in August, data showed on Tuesday, driven mainly by continuously rising energy costs, but price increases excluding that most volatile…
Australia rules out curbs on gas exports after producer deal
By Sonali Paul MELBOURNE (Reuters) -Australia will not put curbs on gas exports after reaching a deal with its three east coast producers of liquefied natural gas (LNG) to avert a forecast…
Brazil too important a food producer to depend on fertilizer imports, industry says
By Ana Mano SAO PAULO (Reuters) – Global fertilizer companies operating in Brazil can increase local output of important crop nutrients if the government continues to improve the regulatory framework for the…
Activist Investment Firm Pushes California Oil And Gas Producer To Curb Oil And Gas Production
Activist Investment Firm Pushes California Oil And Gas Producer To Curb Oil And Gas Production Jack McEvoy on August 15, 2022 Kimmeridge Energy Management Company, an energy investment firm focused on advancing…
‘Bidenflation’: Despite Plummeting Energy Costs, Producer Prices Remain High
‘Bidenflation’: Despite Plummeting Energy Costs, Producer Prices Remain High John Hugh DeMastri on August 11, 2022 The Producer Price Index (PPI), which measures the average change in the prices set by producers,…
Movie Producer Sentenced to Over 21 Years for Role in Film Financing Scheme
Miami, Florida – Yesterday, a federal district judge in South Florida sentenced a 44-year-old former actor and movie producer from Bartlesville, Oklahoma, to 262 months in prison for his role in a…
Movie Producer Sentenced to Over 21 Years for Role in Film Financing Scheme
Miami, Florida – Yesterday, a federal district judge in South Florida sentenced a 44-year-old former actor and movie producer from Bartlesville, Oklahoma, to 262 months in prison for his role in a…
Atlanta film producer pleads guilty for $2.5 million cryptocurrency-based investment scams
ATLANTA – Ryan Felton has pleaded guilty to multiple counts of wire fraud, securities fraud, and money laundering charges on the fourth day of his jury trial arising from his fraudulent promotion…
U.S. producer prices accelerate in June, but underlying inflation slowing
WASHINGTON – U.S. producer prices increased more than expected in June amid rising costs for energy products, but underlying producer inflation appeared to have peaked. The producer price index for final demand…
Prolific Producer of Child Exploitation Material from Philadelphia Sentenced to 20 Years in Prison
PHILADELPHIA – United States Attorney Jacqueline C. Romero announced that Andrew Dickson, 58, of Philadelphia, PA, was sentenced to twenty years in prison, and lifetime supervised release by United States District Court…
Russian OS producer Astra Linux plans Moscow IPO -Vedomosti
MOSCOW – Russian technology company Astra Linux is planning to hold an initial public offering (IPO) on the Moscow Exchange, the Vedomosti daily reported late on Thursday, quoting CEO Ilya Sivtsev, who…
Greek producer price inflation slows down to 43% y/y in May
ATHENS – Data on Greek producer price inflation in May, released by the country’s statistics service (ELSTAT) on Thursday: *************************************************************** KEY FIGURES May April March February January PPI y/y 43.0 48.8 46.2…
Top producer Albemarle risks shutting German plant if EU declares lithium a hazard
By Clara Denina and Pratima Desai LONDON – Top lithium producer Albemarle Corp may have to shut its Langelsheim plant in Germany if the metal used in electric vehicle batteries is declared…
Bulgaria’s producer prices up 4.1% m/m in April
SOFIA – Bulgaria’s producer prices rose by 4.1% on a monthly basis in April after a 4.3% increase a month earlier, the statistics office data showed on Monday. Producer prices soared 49.8%…
‘Rust’ producer says movie will be completed – Hollywood Reporter
(Reuters) – A producer of the movie “Rust,” whose set saw the fatal accidental shooting of cinematographer Halyna Hutchins last year, said the movie will be completed, the Hollywood Reporter reported on…
Movie Producer Found Guilty in Film Financing Scheme
Miami, Florida – Following a six-week trial, a federal jury in Fort Lauderdale has convicted a 44-year-old former actor and movie producer from Bartlesville, Oklahoma of conspiracy, wire fraud, and money laundering…
Pot producer Canopy to cut 250 jobs in profitability bid
(Reuters) – Canopy Growth Corp said it would lay off about 250 employees as part of a cost-cutting plan as the Canadian pot producer tries to achieve long-elusive profitability. Most Canadian marijuana…
Canada March producer prices up 4.0%, biggest monthly gain in 66 years
(Reuters) – Producer prices in Canada rose by a record 4.0% in March from February, on higher prices for energy and petroleum products, Statistics Canada said on Friday. This was the largest…
Exclusive-Cannabis producer Cresco nears $2 billion purchase of Columbia Care – sources
By Shariq Khan – U.S. cannabis producer Cresco Labs Inc is in advanced talks to buy rival Columbia Care Inc for around $2 billion, three people familiar with the matter said on…
German producer prices jump by record 25.9%
BERLIN – German producer prices maintained their record-breaking rise in February, increasing 25.9% year on year mainly because of energy prices, Federal Statistics Office data showed on Monday. The jump in factory…
TV Producer For Russian Oligarch Charged With Violating Crimea-Related Sanctions
Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation, announced…
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