Broker

Riverstone Boosts Three Rivers’ Acquisition Plans in Permian

Private equity power broker Riverstone Holdings LLC announced Monday that it has made an investment in Three Rivers Operating Co. LLC, which in turn has signed an agreement to buy several assets in the Permian Basin of West Texas from Meritage Energy Company LLC.

August 14, 2012

Riverstone, Meritage Pursue More North American Midstream Ventures

Meritage Midstream Services LLC and private equity power broker Riverstone Holdings LLC on Wednesday said they were teaming up once again, with Riverstone providing $500 million to pursue new natural gas liquids (NGL) midstream opportunities in some of North America’s emerging resource plays.

July 20, 2012

CFTC Sues Brokerage Firm; CEO Attempts Suicide

The Commodity Futures Trading Commission (CFTC) Tuesday filed a complaint in a federal court in Illinois against broker Peregrine Financial Group Inc. (PFG) and its CEO and owner, Russell Wasendorf Sr., alleging that they committed fraud by misappropriating customer funds, violated customer fund segregation laws and lied in financial statements filed with the agency.

July 11, 2012

Lehman Affiliate to Launch Louisiana Gas Hub

An affiliate of Lehman Brothers will launch a natural gas trading hub in northeastern Louisiana with service beginning in late 2008, the financial broker said Friday.

September 17, 2007

Lehman Affiliate to Launch Louisiana Gas Hub

An affiliate of Lehman Brothers will launch a natural gas trading hub in northeastern Louisiana with service beginning in late 2008, the financial broker said Friday.

September 17, 2007

Optionable Shares Continue to Spiral Lower in Wake of Bank of Montreal’s Loss

Valhalla, NY-based Optionable Inc. continued to feel the backlash Monday more than two weeks after the energy options broker’s largest customer, Bank of Montreal (BMO), revealed a $400 million-plus trading loss (see Daily GPI, April 30). On Monday, Optionable, which has seen a 91% drop in share value since BMO’s loss announcement April 27, reported that Kevin Cassidy, vice chairman, CEO and director of the company, resigned Saturday. That news was followed by the New York Mercantile Exchange (Nymex) resigning board representation.

May 15, 2007

Sempra Says Suit Has No Merit

Sempra Energy is deciding whether it will file a counter suit in Mexico against a real estate broker who has accused the company of colluding with Baja California government officials in an “appalling abuse of power and corruption.”

March 31, 2006

Broker Sees New Phase to Gas Market; $6-Plus Prices Likely to Stay

Calling the period that the energy markets are entering a “dramatically new phase,” Alan Levine, senior vice president of the Morgan Stanley Private Client Futures Group, said higher natural gas prices — mainly above $6 — are likely here to stay.

May 24, 2004

White House, Senate Democrats Broker Deal to Tap Massey for Third Term

White House senior advisor Karl Rove recently brokered a deal with Senate Democrats in which he assured them sitting FERC Commissioner William Massey would be re-nominated by the Bush administration for a third term, a knowledgeable source said Monday.

November 17, 2003

White House, Senate Democrats Broker Deal to Tap Massey for Third Term

White House senior advisor Karl Rove last week brokered a deal with Senate Democrats in which he assured them sitting FERC Commissioner William Massey would be re-nominated by the Bush administration for a third term, a knowledgeable source said Monday.

November 11, 2003
‹ Previous 1 2