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The most recent oil and gas industry financial headlines.
Chevron Selling $6 Billion of Bonds Ahead of Fed Meeting
Monday, June 17, 2013 - Taking advantage of a calmer market ahead of a key Federal Reserve meeting, Chevron is selling $6B in corporate bonds, its largest deal since at least 1995.
Venezuela Oil Chamber Wants Banks Forced to Make Energy Industry Loans
Wednesday, June 12, 2013 - Venezuela's petroleum industry chamber has proposed the government force banks in the South American country to set aside a percentage of loans for local oil companies and service providers.
Continental Acquires Majority Stake in Visionaire Energy
Wednesday, June 12, 2013 - Continental acquires a shareholding stake in Visionaire Energy AS.
Nigeria Seeks $7.8 Billion from Oil Cos in Unpaid, Underpaid Taxes
Tuesday, June 11, 2013 - Goodluck Jonathon directed government agencies to recover $7.8B that audits carried out by the NEITI found oil companies operating in the country owed the government in unpaid and underpaid taxes.
Petronas 1Q Net Profit Falls 4.7%; 2013 Profit Likely Flat
Wednesday, June 05, 2013 - Petronas says first-quarter net profit slipped 4.7% from a year earlier but 2013 earnings may still be steady on higher output.
Terra Energy to Sell Montney Assets
Tuesday, June 04, 2013 - Crew Energy exercises the option to purchase the balance of Terra's Montney assets in northeast British Columbia.
ONGC Profit Falls 40% on Lower Output, Higher Costs
Wednesday, May 29, 2013 - Oil and Natural Gas Corp. posts a sharper-than-expected 40% fall in its 4Q net profit because of lower oil and gas output and higher costs and write-offs.