Sadif Investment Analytics on Wednesday decreased the price target for petrochemicals manufacturer Saudi Basic Industries (SASE:2010), d/b/a Sabic, to 44.02 Saudi riyals from 49.96 riyals and reiterated its strong sell rating.
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Keith D Larson, General Counsel and Secretary, on June 15, 2026, sold 1,111,111 shares in Venture Global (VG) for $12,875,166.SEC Filing:https://www.sec.gov/Archives/edgar/data/2007855/000205085726000008/xslF345X05/primarydocument.xml
California Resources (CRC) said late Tuesday it is pricing a private offering of $550 million in aggregate principal amount of its 7.250% senior unsecured notes due 2035 at par.The notes will be guaranteed by all of California Resources' existing subsidiaries that guarantee its revolving credit facility, its 8.250% senior notes due 2029, and its 7.000% senior notes due 2034, and certain future subsidiaries, the company said.The offering is expected to close on June 26, subject to customary closing conditions.California Resources said it intends to use $541 million in net proceeds from the offering, along with borrowings under its revolving credit facility and cash on hand, to redeem all outstanding $550 million of its 2029 notes at a redemption price of 104.125%, plus accrued and unpaid interest until the redemption date.
Exxon Mobil (XOM) has a preliminary deal to supply liquefied natural gas to South Africa, Bloomberg reported Tuesday, citing people familiar with the matter.State utility Eskom Holdings will be poised to import gas at the proposed Zululand LNG terminal in Richards Bay, with the fuel destined for a 3,000-megawatt power plant nearby that has yet to be built, the report said.Exxon Mobil did not immediately respond to a request for comment by.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)