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The most recent oil and gas industry financial headlines.
Venezuela's Oil Company Says 'Financial Blockade' Hurts Payments
Friday, August 18, 2017 - A US-led 'financial blockade' has hurt PDVSA's capacity to collect payment for crude cargoes
Blackstone Adds $10 Billion in Energy Assets With Harvest Deal
Thursday, August 17, 2017 - Blackstone Group LP will add $10 billion in assets by buying energy investor Harvest Fund Advisors.
Mexico's Cotemar Sees $200MM Investment In Oil Projects By 2018
Thursday, August 17, 2017 - Cotemar plans to invest at least $200 million in two oil projects by the end of 2018.
Kemp: Hedge Funds Gamble For A Third Time On Oil Rebalancing
Monday, August 14, 2017 - Hedge fund managers are becoming bullish towards crude oil and refined fuels for the third time this year and must be hoping the signs of market rebalancing are real this time.
Gazprom Neft to Borrow $2 Billion Next Year in Bet on Rates
Thursday, August 10, 2017 - Gazprom Neft plans to borrow the equivalent of $2 billion next year on the expectation crude markets will stabilize.
Biggest Indian Explorer Is Said to Plan First Ever Borrowings
Thursday, August 10, 2017 - Oil and Natural Gas Corp. plans to tap the debt market for the first time, an opportunity that may be hard to pass up for bond bulls.
Continental Resources CEO: Absolutely No New Debt
Wednesday, August 09, 2017 - Continental Resources will fund future wells from cash flow and not take on any new debt, Chief Executive Harold Hamm says.
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