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The most recent oil and gas industry financial headlines.
Oil Bulls Face Specter of Market Turmoil on Brexit Aftershocks
Monday, June 27, 2016 - Oil bulls could end up road kill following the Brexit ballot.
Circle Oil Agrees Repayment Extension
Friday, June 24, 2016 - Circle Oil plc agrees a repayment extension with International Finance Corporation.
Russia Expects Short-Term Oil Market Volatility After Brexit
Friday, June 24, 2016 - Russian Energy Ministry expects oil price volatility to increase in the short term after Britain's vote in favor of leaving the European Union.
Brazil's Petrobras Says Its Pension Fund Has $6.8B Shortfall
Friday, June 24, 2016 - Brazil's state-led oil company Petrobras says its pension fund has $6.8 billion in unfunded liabilities, a new financial burden for what is already one of world's most indebted firms.
Oil Patch 'Left for Dead' Will Spark New IPOs for US Explorers
Thursday, June 23, 2016 - As the oil industry emerges from the biggest bust in three decades, shale drillers in a neglected corner of the biggest US oil field are poised to take a new generation of gushers public.
Russian EconMin: Brexit Vote Won't Ruffle Rouble, Oil Price
Thursday, June 23, 2016 - Russian Economy Minister Alexei Ulyukayev does not expect sharp changes in the rouble rate and oil prices if Britain leaves the European Union.
Pemex, First Reserve Said to Near $500 Million Asset Deal
Wednesday, June 22, 2016 - Pemex and private equity firm First Reserve are finalizing terms on a sale and leaseback agreement intended to provide the beleaguered state-owned oil producer with much needed capital, according to two sources.
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Brent Crude Oil : $48.41/BBL 4.91%
Light Crude Oil : $47.64/BBL 4.92%
Natural Gas : $2.66/MMBtu 1.11%
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