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Finance News
The most recent oil and gas industry financial headlines.
PdVSA to Receive $1.5B Loan from Rosneft for Oil Joint Venture
Thursday, May 23, 2013 - PdVSA and Rosneft signs deals to boost production at a new joint venture in the South American country's vast Orinoco heavy oil belt.
PdVSA to Receive $1.5B Loan from Rosneft for Oil Joint Venture
Thursday, May 23, 2013 - PdVSA and Rosneft signs deals to boost production at a new joint venture in the South American country's vast Orinoco heavy oil belt.
CFO: Petrobras May Sell Euro-Denominated Bonds in 2013
Wednesday, May 22, 2013 - Petrobras could sell a euro-denominated bond in 2013 as part of efforts to raise an additional $9B from capital markets this year, Chief Financial Officer Almir Barbassa says.
Warren Resources Increases 2013 Capex
Monday, May 20, 2013 - Warren Resources, Inc. announces it is increasing its 2013 capital expenditure budget to $73 million.
Moller-Maersk Net Profit Falls, Demand to Stay Subdued
Friday, May 17, 2013 - Moller-Maersk posts a smaller-than-expected drop in first-quarter net profit, supported by increased freight rates and efficiency measures at its main shipping unit.
Apache Shareholders Don't Approve Executive Compensation
Thursday, May 16, 2013 - Apache shareholders didn't approve the energy company's executive compensation plan for 2012 at its annual meeting, making their displeasure with the company's performance known.
Petrobras Launches Sale of Bonds to Raise $11 Billion
Monday, May 13, 2013 - Petrobras begins its enormous 2013 financing campaign with one of the largest bond issues this year.
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