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Cash-Poor Alaska Eyes Foreign Capital To Jump-Start Energy Projects
Friday, October 20, 2017 Alaska is pursuing foreign investors for its oil and gas industry, hoping to advance recent discoveries.

Iraq Turmoil Threatens Billions in Oil Traders' Kurd Deals
Thursday, October 19, 2017 The crisis unfolding around the Iraqi city of Kirkuk has left some of the world's largest commodity trading houses worried.

Angola Is Not The Next Venezuela, State Oil Firm Says As It Cuts Debt
Wednesday, October 18, 2017 Angola is not the next Venezuela, the head of state oil firm Sonangol says.

Saudi Oil Minister Says Full Aramco IPO Is on Track for 2018
Wednesday, October 18, 2017 Saudi Arabia is still aiming to complete both international and domestic portions of the initial public offering of its state oil company.

Kemp: Investors Hit Peak Bullishness On Oil
Monday, October 16, 2017 The wave of investor bullishness towards oil that started back in July and August may have peaked at the end of September.

BP Midstream Partners Seeks To Raise Up To $893MM In IPO
Monday, October 16, 2017 BP Midstream Partners says it expects to raise up to $893 million from its initial public offering.

Saudis Said to Weigh Delaying International Part of Aramco IPO
Friday, October 13, 2017 Saudi Arabia is considering selling shares in Saudi Aramco next year while delaying the international portion of the IPO until 2019, according to sources.

BNP to Halt Shale Oil Financing, Expand Funds for Renewables
Wednesday, October 11, 2017 BNP Paribas pledges to stop financing shale and oil sands projects, expanding earlier commitments in support of global efforts to tackle climate change.




Novak: Saudi Arabia, Russia To Set Up $1B Energy Fund
Monday, October 02, 2017 Saudi Arabia and Russia plan to set up a $1 billion fund to invest in energy projects, Russian Energy Minister Alexander Novak said.

Seadrill's Debt Overhaul Faces Creditor Scrutiny
Monday, October 02, 2017 Seadrill's $12.7 billion debt restructuring faces a critical phase as hold-out creditors prepare to challenge the plan put forward by John Fredriksen.

Hess: World Needs New Offshore Oil Investments to Avoid Shortages
Thursday, September 28, 2017 Higher investments in offshore oil production are critical to avoiding a supply squeeze by 2020, as expanding shale output will not match projected demand increases in the next few years, U.S. oil producer Hess Corp said.

Petrobras To Sell $2 Billion In Bonds, Replace Costlier Debt
Monday, September 18, 2017 Petrobras will issue up to $2 billion in new bonds as part of a plan to repurchase shorter-dated, expensive securities

Trafigura CFO Sees Puma Listing Within Five Years
Thursday, September 14, 2017 Puma Energy is likely to become a listed company within the next five years, Trafigura's CFO Christophe Salmon says.

Saudis Are Said to Prep for Possible Aramco IPO Delay to '19
Thursday, September 14, 2017 Saudi Arabia is preparing contingency plans for a possible delay to the initial public offering of its state-owned oil company by a few months into 2019, according to people familiar with the matter.

BP Files For IPO Of US Midwest, Gulf Coast Pipeline Assets
Monday, September 11, 2017 BP files for an initial public offering of its US Midwest and Gulf Coast pipeline assets.

Will Saudi Aramco Deliver World Record Profit For Next Year's IPO?
Friday, September 08, 2017 When Saudi Aramco discloses its financials for the first time next year, it must either surprise investors with world record profits or reduce its aspirations for a $2T valuation in its IPO.

BP, Reliance Close in on India Gas Field Near Missile Test Site
Thursday, September 07, 2017 Reliance Industries and its partner BP are reviving investment plans for a gas block close to a military missile launching facility in the Bay of Bengal.

Russia's Novatek Recommends 1H Dividend Of 6.95 rbls Per Share
Friday, August 25, 2017 The board of Russia's largest non-state gas producer Novatek has recommended a first-half dividend payment of 6.95 roubles per share.

China Energy Giant Rewards Investors as Higher Oil Buoys Profit
Thursday, August 24, 2017 PetroChina took a page from the playbook of global peers known for generous dividends by deciding to pay shareholders its entire half-year net income.

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

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.

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.

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.

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.

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.

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.

Rosneft Says Lent Venezuela's State Oil Firm A Total Of $6B
Tuesday, August 08, 2017 Rosneft says it made around $6 billion in pre-payments to PDVSA and had no immediate plans to make any further advance payments soon.

Continental Becomes Latest US Shale Producer To Cut Budget
Tuesday, August 08, 2017 Continental Resources cut its 2017 capital budget, the latest US shale oil producer to cut back on drilling and fracking equipment amid tepid crude prices.

Russian Oil Giant Lends Support to Venezuela Oil Company
Friday, August 04, 2017 Russia's largest oil company disclosed another advance payment to Venezuela's state producer after the US sanctioned President Nicolas Maduro on Monday.

Nigeria's State Oil Company Signs Deals With Chevron, Shell
Thursday, August 03, 2017 Nigeria's state oil company says it signed financing agreements with Chevron and Shell worth at least $780 million.

Saudi Oil Minister Is Said to Have Met Top Commodity Hedge Funds
Thursday, August 03, 2017 Khalid Al-Falih, Saudi Arabia's energy minister, met in private with some of the world's top commodity hedge funds in July.

PDVSA Asks Bondholders to Waive Financial Reporting Requirements
Thursday, August 03, 2017 PDVSA is asking bond investors for a temporary waiver from financial reporting requirements because it can't complete the documents on time.

Marathon Oil Cuts Capital Budget After Posting Quarterly Loss
Wednesday, August 02, 2017 Marathon Oil Corp cuts its 2017 capital budget after posting a quarterly loss that fell in line with Wall Street's expectations.

Occidental Petroleum's Profit Beats As Prices For Chemicals Jump
Wednesday, August 02, 2017 Occidental Petroleum Corp posts a better-than-expected quarterly profit.

The Energy Patch: Where Rights Offerings Are 'Sexy' Again
Tuesday, August 01, 2017 Energy businesses that are trying to exit bankruptcy are finding a savior in some of their own creditors.

European Oil Producers' Weak Hedging Shows Bet on Price Rebound
Monday, July 31, 2017 Europe's smaller oil producers are more optimistic about the market than they have been for the past couple of years as a significant reduction in hedging shows they are betting on higher prices.

Saudis Said to Weigh Oil-Price Linked Tax for Aramco Before IPO
Monday, July 31, 2017 Saudi Arabia is considering a flexible tax system for state-owned oil company Aramco that would increase royalty payments when crude prices rise, according to people familiar.

Total Beats 2Q Expectations Helped By Strong Cash Flow, Costs Cuts
Thursday, July 27, 2017 Total reported 2Q earnings above expectations lifted by strong cash flow and cost cuts that enabled the company to maintain its targets for 2017.

Russia's Novatek Expects 50% CAPEX Growth In 2018, 2019
Thursday, July 27, 2017 Novatek expects capital expenditure to rise by around 50% in 2018 and 2019.

Rig Builder Sembcorp Marine 2Q Net Profit Falls 51%
Thursday, July 27, 2017 Sembcorp Marine posts a 51% fall in second-quarter profit.

Mexico's Pemex Posts Profit For Third Straight Quarter
Thursday, July 27, 2017 Pemex reports a 32.8 billion peso ($1.8 billion) second-quarter profit.

Seadrill Warns Again Of Chapter 11 As Extends $14B Debt Talks
Wednesday, July 26, 2017 Seadrill again delayed restructuring its $14 billion in debt and liabilities and reiterated that Chapter 11 bankruptcy was likely.

Hess Slashes 2017 Capital Budget After Quarterly Loss
Wednesday, July 26, 2017 Hess slashes its 2017 capital budget by 4% after posting a wider-than-expected quarterly loss on low crude prices and a dip in production.

Whiting Petroleum Slashes 2017 Budget After Quarterly Loss
Wednesday, July 26, 2017 Whiting Petroleum slashed its 2017 budget by 14%, the latest company to curtail spending due to weak commodity prices.

Halliburton Sees N. America Rig Count Flattening, Shares Down
Monday, July 24, 2017 Halliburton reported impressive second quarter results but warned the growth in North American rig count was "showing signs of plateauing."

Mexico's Pemex Says $5B Bond Deal Covers Needs Through 2018
Monday, July 24, 2017 Pemex says that recent bond placements totaling about $5 billion would cover its minimum financing needs through the end of 2018.

Husky Energy Posts Smaller 2Q Loss On Higher Oil Prices
Friday, July 21, 2017 Husky reports a smaller loss, helped partly by higher oil prices and an increase in production.

Canada's Encana Smashes Profit Estimates, Shares Rise
Friday, July 21, 2017 Encana posts a quarterly profit that handily beat analysts' estimates and raised its full-year core asset production growth forecast.

Unfazed by Low Prices, Bankers Remain Confident in Oil Lending
Friday, July 14, 2017 Fears of a long spell of low oil prices haven't shaken Wall Street's confidence in the sector.

The Rigzone Interview: Private Equity Cash Focuses on Oil, Gas Development
Thursday, July 13, 2017 Upstream private equity focuses on developing oil and gas assets, energy investment pro Claire Harvey tells Rigzone in exclusive interview.

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