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The most recent oil and gas industry financial headlines.
Oil Price Plunge Forces Nigeria To Slash 2015 Growth Forecast
Wednesday, December 17, 2014 - Nigeria has slashed its forecast for economic growth in 2015 due to the plunge in global oil prices, the finance minister's budget presented to parliament on Wednesday showed.
Minister: Brazil Govt Plans Petrobras Asset-Backed Debt Offer
Thursday, December 11, 2014 - The Brazilian government is working on a plan to help embattled Petrobras borrow money through an offering of asset-backed securities before year end, Mines and Energy Minister Edison Lob„o says.
Lower Oil Prices Prompt Norway Interest Rate Cut
Thursday, December 11, 2014 - In a surprise move, Norway's central bank cuts its key lending rate as it frets over the impact of the sharp fall in oil prices on the country's economy.
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