Results 17 articles shown
Private Equity Funds, Former Oil Execs Eye Southeast Asia Energy Assets
Friday, December 02, 2016 Flush with cash, private equity-backed firms and former oil industry executives are eyeing energy assets in Southeast Asia.
Gazprom In Talks With Japanese Banks About Raising $850M
Friday, December 02, 2016 Russian gas giant Gazprom is working on a deal under which Japanese banks would provide it with financing worth 800 million euros ($851.28 million), two sources familiar with the discussions told Reuters.
Russia's Lukoil Says Q3 Net Profit Down 12.5% Q-on-Q
Tuesday, November 29, 2016 Russia's No.2 oil producer Lukoil says its 3Q net profit fell 12.5% quarter-on-quarter, while its free cash flow jumped 83.4 percent to 104.5 billion roubles ($1.6 billion).
Eni Aims to Cut Stake in Zohr Field to 50 pct, Could Happen Quickly
Monday, November 28, 2016 Italian energy group Eni plans to reduce its stake in the giant Zohr gas field offshore Egypt to 50 percent, Chief Executive Claudio Descalzi said.
Silverback Exploration To Sell Oil And Gas Assets For $855M
Monday, November 28, 2016 Privately held Silverback Exploration LLC will sell oil and gas assets for $855 million to Centennial Resource Development Inc, which is backed by energy private equity fund Riverstone Holdings LLC.
Israeli Leviathan Partners Get Up To $1.75B HSBC, JPMorgan Financing
Sunday, November 27, 2016 The main Israeli partners developing the large Leviathan natural gas site said on Sunday they signed commitment letters with HSBC and J.P. Morgan for up to $1.75 billion of financing.
Russneft IPO Demand Exceeds Offer By Over 30%
Friday, November 25, 2016 Mikhail Gutseriyev, a co-owner of the Russian mid-sized oil company Russneft, said in a statement that the demand during the company's initial public offering (IPO) has exceeded offer by more than 30%.
Singapore Readies Up To $1.1B In Loans For Oil, Gas-Linked Firms
Friday, November 25, 2016 Singapore plans to offer financial assistance to its liquidity-hit marine and offshore engineering companies that could help them raise as much as S$1.6 billion ($1.1 billion) in loans.
Russia's Rosneft Approves 1 Trillion Rouble Bond Program
Thursday, November 24, 2016 The board of Russia's largest oil producer Rosneft has approved a bond program worth 1.071 trillion roubles ($16.55 billion) for 10 years.
Mexico To Net $2.9B From Oil Hedge
Thursday, November 24, 2016 Mexico is set to book a $2.9bn gain on its 2016 oil hedging program, marking the second year in a row that the country has netted a multi-billion dollar payout from the options-based commodity hedges.
Japan's JBIC To Provide Loan To Novatek-Led Yamal LNG Project
Thursday, November 24, 2016 Japan Bank for International Cooperation (JBIC) is set to provide a 200 million euro ($211 million) loan to the Yamal liquefied natural gas (LNG) project in Russia led by Novatek.
PGS Raises Funds Through Private Placement
Wednesday, November 23, 2016 Norwegian seismic explorer Petroleum Geo-Services ASA announced Wednesday that it has raised approximately $225 million through a placement of 85,500,000 new shares.
Norway Oil Companies Lower 2017 Spending Plans
Wednesday, November 23, 2016 Norway's oil companies have lowered their 2017 investment plans, a Statistics Norway survey showed on Wednesday, raising the chances of a central bank interest rate cut in the coming months.
Gazprom: Long-Term Contracts, New Pricing To Help Boost Revenue
Tuesday, November 22, 2016 Gazprom says a combination of long-term contracts with new pricing mechanisms and forms would allow it to boost revenues and strengthen its market position.
Venezuela PDVSA Says In Grace Period For 2035 Bond
Tuesday, November 22, 2016 PDVSA confirms it is using a 30-day grace period for coupon payments on its 2035 bond, but said a JP Morgan report of payment delays on other bond issues was wrong.
Asia Development Bank To Lend Bangladesh $167M To Boost Gas Industry
Monday, November 21, 2016 The Asian Development Bank will provide a $167 million loan to Bangladesh to boost natural gas production and expand transmission infrastructure.
Armour Energy Agrees Investment Terms
Monday, November 21, 2016 Armour Energy Limited agrees terms with M.H. Carnegie & Co Pty Ltd for a staged investment of up to $17.5 million worth of convertible notes.
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