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The most recent oil and gas industry financial headlines.
Ultra Petroleum Notes Pricing of $450M Senior Note Offering
Friday, December 06, 2013 - Ultra Petroleum announces the pricing of its private placement of $450 million aggregate principal amount of 5.75 percent senior unsecured notes due 2018 at par.
Schlumberger Sees 2% Fourth-Quarter Profit Hit From Iraq shutdown
Tuesday, December 03, 2013 - Schlumberger expects the temporary shutdown of its operations in southern Iraq last month in a "security incident" to reduce 4Q profits about 2%.
TAQA's Moroccan Unit to Launch IPO Dec. 10
Tuesday, December 03, 2013 - Abu Dhabi National Energy Company gets the go-ahead to float its Moroccan power subsidiary Jorf Lasfar Energy.
Genel Energy To Spend $500M Exploring In Five Countries
Friday, November 22, 2013 - Genel Energy is planning to invest $500 million for exploration activities in Ethiopia, Somaliland, Ivory Coast, Malta and Morocco in the next two years.
Mexico Spends $450 Million To Hedge Oil, Eyes Extension
Thursday, November 14, 2013 - Mexico has completed its original oil hedging program for 2014, but is looking at the possibility of extending it after raising the oil revenue forecast, Finance Minister Luis Videgaray says.
Venezuela's PDVSA Says To Issue $4.5B In Bonds
Tuesday, November 12, 2013 - PDVSA will issue $4.5 billion in bonds next week, Oil Minister Rafael Ramirez says, providing hard currency for the OPEC nation struggling to supply sufficient greenbacks to its economy.
Seadrill Kickstarts North Atlantic Drilling IPO On NYSE
Monday, November 11, 2013 - Seadrill has begun the process of listing its spin-off company North Atlantic Drilling on the New York Stock Exchange.
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