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The most recent oil and gas industry financial headlines.
Petrobras May Sell Braskem Stake, Build Tax Provisions, Valor Says
Monday, July 06, 2015 - Petroleo Brasileiro could sell a stake in resin producer Braskem in order to build provision against tax debts nearing $12.7 billion.
Petrobras Rig Supplier Said Close to Getting $4 Billion Loan
Friday, July 03, 2015 - Sete Brasil, the oil rig-supplier embroiled in Brazilís biggest graft scandal, expects to secure $4 billion in fresh funding to finish work on some rigs, says a person with direct knowledge of the matter.
Petrobras Rig Supplier Said Close to Getting $4 Billion Loan
Friday, July 03, 2015 - Sete Brasil, the oil rig-supplier embroiled in Brazilís biggest graft scandal, expects to secure $4 billion in fresh funding to finish work on some rigs, says a person with direct knowledge of the matter.
China's Shouyang CBM Operator FEEC Enters Into $4M Loan Facility Agreement
Tuesday, June 30, 2015 - Far East Energy, operator of the Shouyang coalbed methane production sharing contract in China, enters into a $4 million term loan facility agreement and secures an extension on an existing $1.4 million loan facility.
Mexico's Alfa Says Offer for Pacific Rubiales is 'Fair and Final'
Friday, June 26, 2015 - Alfa says the offer it and Harbour Energy have made to buy oil company Pacific Rubiales is "full, fair and final".
Petrofac Expects Full Year Profit to be Weighted Towards H2
Tuesday, June 23, 2015 - Petrofac expects its net profit for the year to be weighted towards the second half and states that its order book at the end of May had grown to $20.5 billion.
Carlyle Backs Former Cairn Energy Execs' Indian Venture
Monday, June 22, 2015 - Carlyle Group will invest up to $500 million in Magna Energy Ltd, a new India-focused upstream oil and gas company co-founded by two former Cairn Energy executives.
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