Blackstone Makes $524.5 M Buyout Deal for Singapore’s Soilbuild REIT

Blackstone Makes $524.5 M Buyout Deal for Singapore’s Soilbuild REIT

Solaris in Singapore’s One North is Soilbuild REIT’s top asset As stable becomes sexy in Asia’s real estate markets, Blackstone is teaming up with the family controlling the sponsor of a Singapore-listed REIT for a S$700.3 million ($524.5 million) offer to buy out the industrial real estate trust. Funds controlled by Stephen Schwarzman’s private equity…

Oil draws back amid New york city coronavirus curbs, gains for a 6th week

Oil draws back amid New york city coronavirus curbs, gains for a 6th week

Brent futures settled down US28 cents, or 0.6% at $49.97 a barrel. The contract rose above $51 a barrel on Thursday to an early-March high Topicsoil market | Crude Oil Price | Coronavirus Reuters  |  NEW YORK  Last Updated at December 12, 2020 06:36 IST By Jessica Resnick-Ault NEW YORK (Reuters) – Oil prices settled lower on Friday, as…

Nigeria Shell staff members causing oil leakages for earnings: Dutch TV

Nigeria Shell staff members causing oil leakages for earnings: Dutch TV

Nigerian employees of the Anglo-Dutch oil company Shell ordered the deliberate vandalisation of oil pipelines for personal gain, a documentary in the Netherlands has reported. Dutch television documentary programme Zembla, together with Dutch environmentalist organisation Milieudefensie, reported in a programme to be aired on Thursday that “multiple witnesses declared that SPDC, a subsidiary of Shell, caused…

7 Potential Benefits of Using Hemp Oil – 2020 Guide

7 Potential Benefits of Using Hemp Oil – 2020 Guide

Img source; pixabay.com Hemp oil can be obtained by pressing hemp seed. The seed is extracted, mixed with water, and then heated to produce the oil. The oil from the seed is used to make many different products. Cold-pressed hemp seed is light to clear green in color, with an earthy flavor. The darker the…

The brand-new black gold? Big Oil bets on retail networks in an electric period

The brand-new black gold? Big Oil bets on retail networks in an electric period

LONDON (Reuters) – For Big Oil, coffee and chocolate could be the new black gold.FILE PHOTO: General view shows a BP petrol station in Kloten, Switzerland October 3, 2017. REUTERS/Arnd Wiegmann/File PhotoUnder pressure from investors and governments alike to cut emissions, major European oil companies are ploughing billions into renewable energy but are struggling to…

New Mexico promised students free college. Then oil prices tanked…

New Mexico promised students free college. Then oil prices tanked…

The New Mexico governor’s office made sure to alert The New York Times before the big announcement last year that a public college education would soon be free for all residents.Gov. Michelle Lujan Grisham said New Mexico, notoriously poor and almost last in state education rankings, would be the first state to take the step,…

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