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Finance & Investing News

Friday, December 15, 2017

Finance and Investing News

CEO: Brazil's Petrobras To Announce Revised Capex Plan Next Week
Petrobras will announce a revision to its investment plan by Wednesday or Thursday.

Venezuela's PDVSA Begins Making Delayed Bond Interest Payments
Venezuelan state oil company PDVSA begins the process of making interest payments on four of its bonds.

Transneft Says Its Computers Were Used For Mining Cryptocurrency
Computers at Transneft have been used for the unauthorised manufacture, or 'mining', of the cryptocurrency Monero, a vice-president of the Russian pipeline operator said.



Wednesday, December 13, 2017

Finance and Investing News

Natgas Producer EQT To Spend $2.4B In 2018
EQT says it expects to spend $2.4 billion next year.

Private Oil Companies To Invest Up To $4.9B In Colombia In 2018
Private oil companies in Colombia will invest between $4.5 billion and $4.9 billion next year.



Tuesday, December 12, 2017

Finance and Investing News

Norway Oil Investment To Fall Less Than Expected - Lobby Group
Oil and gas investments in Norway are expected to fall for a fourth consecutive year in 2018 but will turn higher in 2019.



Friday, December 8, 2017

Finance and Investing News

Oil, Gas Investment Resources Ramping Up in 4Q
Select energy funds are anticipating a pick-up in investments in 2018.



Wednesday, December 6, 2017

Finance and Investing News

Energy Bonds Trade Like Stocks as Wildcatters Get Religion
For the first time in months, energy bond and stock investors are both feeling good.

Thailand's Gulf Energy Marks Market Debut with 27.8% Jump
Gulf Energy Development PCL makes its market debut with shares trading at 27.8 percent above their initial public offer.

Britain's Genel Energy Seeks To Cut Bond Debt To $300 Mln
Iraqi Kurdistan-focused oil producer Genel Energy plc is seeking to reduce its bond debt to $300 million from the currently outstanding $421.8 million.



Tuesday, December 5, 2017

Finance and Investing News

Chinese Firm Rescinds Takeover Offer For Australia's AWE
Bid to buy AWE has been formally withdrawn.



Monday, December 4, 2017

Finance and Investing News

Private Equity Firm Blue Water Energy Raises $1.1B For Oil Investment
Blue Water Energy raises $1.1 billion for a fund to invest in oil and gas, the latest sign of growing appetite for the industry as crude prices recover from a downturn.



Friday, December 1, 2017

Finance and Investing News

Vietnam's PV Oil Plans Jan IPO That Aims To Raise At Least $122 Mln
Vietnam state oil distribution firm PetroVietnam Oil Corp (PV Oil) plans to offer 20% of its shares in an initial public offering (IPO) in January.



Thursday, November 30, 2017

Finance and Investing News

Enquest Lenders Relax Debt Terms, Shares Rise
EnQuest Plc, a North Sea-focused oil producer saddled with $2 billion in debt, says its lenders eased terms on a loan, boosting its shares by as much as 6%.



Wednesday, November 29, 2017

Finance and Investing News

Tullow Oil Refinances $2.5 Billion Credit Line
Africa focused Tullow Oil Plc refinances $2.5 billion of loans borrowed against its oil and gas reserves.



Tuesday, November 28, 2017

Finance and Investing News

Norway's Wealth Fund Says Sale Of Oil Stocks Will Take Years
The Norwegian sovereign wealth fund's proposed multi-billion dollar divestment from oil and gas stocks will take many years to complete.

Shell to Cancel Scrip Dividend In 4Q
Shell announces the cancellation of its scrip dividend, with effect from the fourth quarter of this year.






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