Results 16 articles shown
GE Cuts Year Revenue Target On Oil, Gas Weakness, Has 3Q Profit Beat
Friday, October 21, 2016 GE beats analyst profit forecasts in the third quarter, but revenue growth remained sluggish, prompting the company to scale back expectations for full-year revenue and profit.
Russian Oil Firm Rosneft May Buy Own Shares In Stake Sale
Friday, October 21, 2016 Russia's top oil producer Rosneft can buy some of its shares slated for privatization and re-sell them later, an Economy Ministry official told Reuters on Friday.
PDVSA Wants Investors To Tender $600M Extra In Bond Swap
Friday, October 21, 2016 Venezuela's state oil producer PDVSA wants investors to tender an extra $600 million in a bond swap to reach required levels of participation.
Bashneft Shareholder Says Received Assurances From Rosneft
Thursday, October 20, 2016 Russian oil major Rosneft agrees to uphold all its commitments to the Russian region of Bashkortostan after taking over mid-sized oil firm Bashneft.
Singapore's Keppel Q3 Profit Falls 38% On Weak Rig Orders
Thursday, October 20, 2016 Singaporean conglomerate Keppel Corp posted a 38% fall in third-quarter profit, hurt by weak orders for its rigs due to a slump in oil prices.
Singapore's Ezra Seeks Consent To Amend Terms Of 2018 Notes
Tuesday, October 18, 2016 Singapore's Ezra Holdings Ltd is seeking bondholders' consent to amend the terms of $109 million worth of 2018 notes.
Lukoil Considering Eurobond Within Weeks
Tuesday, October 18, 2016 Lukoil is considering launching its first international bond sale in more than 3 years in the coming weeks.
Russia's UCP Says Plans To Keep Essar Oil Stake For 3-5 Years
Tuesday, October 18, 2016 Russian private investment group United Capital Partners (UCP), which agreed to buy a stake in India's Essar Oil, plans to keep a stake in the company for the next 3-5 years.
Shell's Philippines Unit Prices Up To $404Million IPO At High End Of Range
Friday, October 14, 2016 The Philippine unit of Royal Dutch Shell plc is set to raise up to $404 million after pricing its IPO at the top end of its range.
Rosneft Head Says Confident Privatization To Happen By Year End
Thursday, October 13, 2016 Igor Sechin, the chief executive of Russia's top oil producer Rosneft, is confident the sale of a minority stake in the company willhappen by the end of this year.
EnQuest Launches Financial Restructuring
Thursday, October 13, 2016 The board of EnQuest plc launches a proposed financial restructuring, which it has agreed with key stakeholders following an extensive period of engagement and negotiation.
Abu Dhabi's TAQA To Price Weds Tap Of Existing 2021, 2026 Bonds
Wednesday, October 12, 2016 Abu Dhabi National Energy Company (TAQA) plans to tap on Wednesday the bond issue it completed in June to raise additional funds worth upwards of $500 million.
EGME Exercises Warrants to Retire Simba Debt
Wednesday, October 12, 2016 Essel Group Middle East exercises 17,000,000 warrants of Simba Energy Inc. at $0.075 per share for total proceeds of $1,275,000.
Extraction Oil & Gas Jumps About 20% In Debut
Wednesday, October 12, 2016 Shares of Extraction Oil & Gas Inc - the first producer to launch a US IPO this year - rose as much as 19.7% in their market debut.
CEO: Saudi Aramco Eyes 2018 For Listing
Tuesday, October 11, 2016 Saudi Aramco is targeting 2018 for what could be the world's largest public listing as it expects oil prices and market conditions to improve in the coming years.
BP Boss Dudley Sees Oil Prices At $55-$70 For Rest Of The Decade
Tuesday, October 11, 2016 BP Chief Executive Robert Dudley expects global oil prices to stabilize at around $55-$70 per barrel for the rest of the decade.
|Brent Crude Oil :||$51.78/BBL||0.77%|
|Light Crude Oil :||$50.85/BBL||0.83%|
|Natural Gas :||$2.99/MMBtu||4.77%|
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