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Financials and Investment News

Shell Announces Second Quarter 2020 Update
Netherlands/Holland >> 6/30/2020 - This is an update to the second quarter 2020 outlook provided in the first quarter results announcement on April 30, 2020. The impacts presented here may vary from the actual results and are subject t...
Chesapeake Receives Notice from NYSE Regarding Continued Listing Standard
United States >> 6/30/2020 - Chesapeake Energy Corporation was notified by the New York Stock Exchange ("NYSE") of its determination to commence proceedings to delist the Company's common stock and to suspend trading of the Compa...
Trinity Exploration Announces Sale of USD 2.8M in VAT Bonds
Trinidad and Tobago >> 6/30/2020 -  Trinity, the independent E&P company focused on Trinidad & Tobago ("T&T"), today announces the successful sale the VAT Bonds received from the T&T Government on 29 May 2020 ("VAT Bonds") for US$ 2.8 ...
DOF ASA & DOF Subsea AS Enters Standstill Agreements with Lenders
Brazil >> 6/30/2020 - DOF ASA and DOF Subsea AS are pleased to announce that each of the companies have entered into suspension agreements ("stand-still agreements") with, or received similar concessions from, secured lend...
Gulf Keystone Provides Report on Payments to Governments for 2019
Iraq >> 6/30/2020 - Gulf Keystone Petroleum Ltd. Provides Report on Payments to Governments for 2019. This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary und...
Kosmos Energy Signs Production Prepayment Agreement for up to $200M
United States >> 6/29/2020 - Kosmos Energy has entered into a crude oil prepayment agreement ("Prepayment Agreement") with Trafigura Trading LLC ("Trafigura"). The Prepayment Agreement provides up to $200 million of crude oil sal...
Diversified Gas & Oil Announces Reaffirmed Borrowing Base
United States >> 6/29/2020 - Diversified Gas & Oil PLC, the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, is pleased to announce that the Company's bank lending grou...
COPL Announces GBP500,000 Share Placing
Nigeria >> 6/29/2020 - Canadian Overseas Petroleum Limited (COPL) has entered into an agreement for a £500,000 common share placing (the "Placing") with one (1) investor at 0.3 Pence per common share ("Placing Price"). The ...
Martin Midstream Enters into Restructuring Support Agreement
United States >> 6/26/2020 - Martin Midstream Partners L.P. announced that it, its general partner, Martin Midstream GP LLC, and its subsidiaries Martin Midstream Finance Corp. (“FinanceCo”), Martin Operating GP LLC, Martin Opera...
Registration for the R $ 10M Bid by Petrobras & Sebrae Has Been Extended
Brazil >> 6/26/2020 - Petrobras and Sebrae have extended the registration deadline for the Petrobras Conexoes para Inovacao program notice. The new deadline for representatives of startups and small technology-based compan...
Petrobras on Leniency Agreement
Brazil >> 6/26/2020 - Petrobras announces that, following up to the release disclosed on July 25, 2019, it has received R$ 265 million related to the second installment of the leniency agreement executed by Technip Brasil ...
Alaska LNG Project Announces Updated $38.7B Project Construction Cost
United States >> 6/25/2020 - The Alaska Gasline Development Corp. (AGDC) released an updated $38.7 billion cost estimate for the Alaska LNG Project, which will increase the project’s ability to deliver natural gas to Alaskans and...
Reorganisation of Finance Function
United Kingdom >> 6/25/2020 - IGas has announced a number of cost saving measures as part of an in-depth review of expenditure. As part of this review, it was identified that certain functions within the Chief Financial Officer's ...
Operations and Cost Savings Update
United Kingdom >> 6/25/2020 - IGas provides an update on its operations and measures that are being implemented to further, materially reduce the Company's cost base. ...
FAR Provides Sangomar Project Update
Senegal >> 6/24/2020 - FAR Limited makes the following announcement in relation to its wholly owned subsidiary FAR Senegal RSSD SA (“FAR Senegal”), which is a party to the Senegal RSSD Joint Operating Agreement (“JOA”).
KIT & KE Secure Singapore’s First Sustainability-Linked Loan from DBS Bank & OCBC Bank
Singapore >> 6/24/2020 - Keppel Infrastructure Trust (“KIT”) and Keppel Energy Pte. Ltd. (“KE”), through a joint venture[1], have secured a 7-year S$700 million sustainability-linked loan from DBS Bank and OCBC Bank for its j...
Development Funding Long-stop Date
United Kingdom >> 6/23/2020 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK, announces the following update. ...
Crescent Point Releases 2020 Sustainability Report
Canada >> 6/23/2020 - Crescent Point Energy Corp. has released its 2020 Sustainability Report highlighted by an emissions intensity reduction target of 30 percent by 2025. The Report outlines the Company’s latest progress ...
COPL Announces £700,000 Share Placing
Nigeria >> 6/23/2020 - Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration and development company focused on sub-Sahara Africa, announces that it has entered into agreements for a £700,000 ...
Oryx Petroleum Announces Loan Settlement
Senegal >> 6/22/2020 - Oryx Petroleum Corporation Limited announces the execution of an agreement relating to the proposed settlement of an outstanding loan and acknowledges the announcement by its largest shareholder of th...

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