Exxon took on about $21 billion in new debt in 2020 in response to the sharp declines in its business caused by the pandemic. The company this year has paid down billions, which helped bring its net debt down to $51.83 billion as of Sept. 30, from $68.57 billion at the end of December, according […]

Höegh LNG Partners LP (NYSE: HMLP) (the “Partnership”) announced today that the Board of Directors of the Partnership (the “HMLP Board”) received an unsolicited non-binding proposal, dated December 3, 2021, from Höegh LNG Holdings Ltd. (“Höegh LNG”) pursuant to which Höegh LNG would acquire through a wholly owned subsidiary all publicly held common units of the […]