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SoFi was founded in 2011 as a student loan refinancing company. In 2019, SoFi — , short for Social Finance — expanded into investment services, offering a user-friendly platform to new investors.
[9] 2014: Warwick invested the capital of Warwick Partners II LLC in oil and gas and midstream interests in the Eagle Ford Shale of South Texas. That same year, Warwick entered into a joint venture through which it acquired oil and gas mineral and royalty assets for investor ownership on behalf of US & international pension funds. [10] [11]
U.S. investor Acadia Infrastructure Capital and companies including Microsoft are looking to help develop a $9 billion pipeline of renewable energy projects across the country, the project lead ...
In 2007, state severance taxes amounted to $10.7 billion, mostly from oil, gas, and coal. States also received 50 percent of federal onshore oil and gas lease revenues within their borders, and 27 percent of federal offshore oil and gas revenues adjacent to their shorelines; the state share of federal revenues totalled $2.0 billion in 2007. [45]
From 1954 to 2023, federal offshore tracts produced 21.4 billion barrels (3.4 × 10 9 m 3) of oil and 195 trillion cubic feet (5.5 × 10 12 m 3) of natural gas. In recent years, the Gulf of Mexico alone accounted for about 15% of all domestic oil production and 2% of domestic natural gas production.
Energy stocks have outperformed the broader market to start the year, kicking off 2025 with gains as oil and natural gas prices have edged higher. The S&P 500 Energy Sector (XLE) is up 2.8% year ...
A number of oil companies bought federal leases offshore North Carolina, but in 1990 the U.S. Secretary of Commerce denied Mobil Oil permission to drill after Congress passed the federal North Carolina Outer Banks Protection Act, prohibiting leasing and drilling on federal seabed offshore from North Carolina. Mobil and Marathon Oil sued the ...
Oil prices will fall to an average of $65 per barrel in 2025 amid an oversupply of crude and a backdrop of slowing demand as countries shift toward cleaner energies and forms of transportation ...