Financials and Investment News
| Tanzania >> 6/9/2014 - A Tanzanian unit of Australia's Swala Energy Ltd is selling an almost 10 percent stake worth 4.8 billion shillings ($3.52 million) in an initial public offering on the east African nation's newly laun... |
| Kenya >> 6/2/2014 - FAR Ltd (FAR) is pleased to announce an equity raising placement which is expected to raise $8
million before expenses. The placement was arranged by Bell Potter Securities Limited (Bell Potter) as L... |
| Canada >> 5/27/2014 - Canacol Energy Ltd has closed a bought deal equity financing announced on May 6, 2014. The Corporation issued 15,823,000 common shares of Canacol at a price of $7.90 per Common Share for gross proceed... |
| Australia >> 5/27/2014 - WHL Energy Limited has completed a financing agreement to raise A$3.2 million. The capital raised via the cash advance term loan facility will be utilised to fund WHL Energy’s ongoing activities inclu... |
| Australia >> 5/27/2014 - Bengal Energy Ltd is pleased to announce that it has signed an indicative term sheet for a US $20.0 million secured credit facility with a leading Australian commercial bank (the “Lender”), and provid... |
| Iraq >> 5/23/2014 - Revenues from the first sale of oil piped from Iraqi Kurdistan will be deposited in Turkey's Halkbank, the autonomous region's government said in a statement. ... |
| Nigeria >> 5/21/2014 - Lekoil has conditionally raised gross proceeds of approximately US$37.7 million (approximately £22.4 million) through the placing of 33,000,000 new Ordinary Shares at a placing price of 67.75 pence pe... |
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Saudi Arabia >> 5/18/2014 - Saudi Aramco, the state-owned firm of the world's largest oil exporter, said its downstream investments would exceed $100 billion over the next decade, as global demand for oil rises by a quarter in t... |
| Guinea >> 5/16/2014 - Hyperdynamics Corporation announced the settlement of litigation in London involving AGR Well Management Ltd. AGR provided project management services for Hyperdynamics' subsidiary, SCS Corporation L... |
| Saudi Arabia >> 5/14/2014 - The expansion of a petrochemicals complex in Saudi Arabia owned by Saudi Aramco and Sumitomo Chemical is now expected to cost 32 billion riyals ($8.5 billion), higher than previously estimated, the jo... |
| Iraq >> 5/14/2014 - Oil explorer Gulf Keystone Petroleum warned a lag in payments for crude from its Shaikan oil field in Iraqi Kurdistan meant its revenue outlook was uncertain as it is still owed $24 million for oil sa... |
| Austria >> 5/13/2014 - Crude Oil Price Movements The OPEC Reference Basket in April increased 12¢ to $104.27/b, amid marginal improvements in most component values. Crude prices were supported by firmer refin... |
| Austria >> 5/13/2014 - Demand for OPEC crude in 2013 was revised up by 0.1 mb/d from the previous
report to stand at 30.1 mb/d — 0.4 mb/d lower than the 2012 level. In 2014,
demand for OPEC crude also saw an upward revisi... |
| Ivory Coast (Cote D'Ivoire) >> 5/12/2014 - Gasol announced on 19 February 2014 that GDF SUEZ E&P International S.A. (the "Seller") had received exercising notices in relation to the existing CI-27 Block partners' pre-emption rights. ... |
| Israel >> 5/11/2014 - Israel's Delek Drilling and Avner Oil have raised $2 billion in an international bond offering to help fund the development of the huge Leviathan natural gas field off the coast of Israel. ... |
| Uganda >> 5/8/2014 - Uganda said it wanted to borrow $145 million from the World Bank to revamp infrastructure in the Albertine region where it discovered commercial oil reserves. East Africa's third-largest economy is ey... |
| Egypt >> 4/30/2014 - The government's debt to foreign oil companies increased by US$800 million in the first quarter of 2014 to reach $5.7 billion versus $4.9 billion last December, said Egyptian General Petroleum Corpora... |
| United Arab Emirates >> 4/29/2014 - Abu Dhabi National Energy Co is due to price a $750 million bond with a ten-year lifespan, arranging banks said, with interest from investors covering the size of the transaction more than three times... |
| Thailand >> 4/28/2014 - Tap Oil Limited has executed a borrowing base debt facility with BNP Paribas (BNP) for up to US$90 million. The BNP facility will replace the US$50 million Manora field development facility and the A$... |
| Israel >> 4/28/2014 - Israel's Delek Drilling and Avner Oil said they plan to raise up to $2 billion in bonds locally and abroad to help fund the development of the huge Leviathan natural gas field off the coast of Israel.... |
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