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The most recent oil and gas industry financial headlines.
Azeri Oil Fund SOFAZ Reports 9% Rise In Assets To $38.04B
Tuesday, July 17, 2018 - Azerbaijan's state oil fund SOFAZ says its assets rose by more than 9% year on year to $38.04 billion as of July 1.
Russian Lawmakers Approve Profit-Based Taxation For Oil Production
Thursday, July 05, 2018 - The lower house of Russian parliament on Thursday approves in the third and final reading the new, profit-based, taxation for a limited number of oilfields.
EBRD Set To Approve TAP Loan In Boost For Developers -Sources
Wednesday, July 04, 2018 - A major European development bank is likely to approve a loan for the Trans-Adriatic Pipeline (TAP) gas project on Wednesday, sources say.
Rig Firm Fred. Olsen Energy Fails To Win Waiver Extension
Monday, July 02, 2018 - The creditors of Oslo-listed Fred. Olsen Energy did not agree to extend a waiver to some of the company's financial covenants that expired on Saturday, the Norwegian drilling rig contractor says.
Santos Set To Resume Dividends Earlier Than Expected, Shares Rise
Thursday, June 28, 2018 - Australia's Santos Ltd says it will resume its dividend payment policy earlier than expected.
Equity Ramping Up to Target Unconventional Plays Including the Permian
Wednesday, June 20, 2018 - Despite bottleneck woes, investors are opening their wallets for the latest wave of unconventional fever and the Permian in particular.
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