According to the 2012 Capital Overhang and Fund Cashflow Report published by Pitchbook (www.pitchbook.com), private equity funds collectively have $432 billion of “dry powder” available for investment. This represents a considerable amount of capital looking for a home, and fund managers are aggressively looking for potential investments. In many cases, the capital was raised several...
Historically low natural gas prices resulting from the shale gas boom are having disruptive effects on the fuel mix for power generation. While the expansion in natural gas combined cycle power generating stations can be attributed to several causes, it is evident that historically low natural gas prices are supporting and extending the trend. Since...
Oil & gas land pipeline construction is a bright spot for the non-building construction segment in North America, despite the political battles surrounding TransCanada’s Keystone XL oil pipeline. Oil & Gas Journal’s annual spending outlook confirms what “pipeliners” (contractors for transcontinental or mainline pipeline construction) have acknowledged for several months: that available construction capacity to...
