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Financials and Investment News

VAALCO Regains Compliance with NYSE Continued Listing Standards
United States >> 7/8/2020 - VAALCO Energy, Inc. has received notification from the New York Stock Exchange (“NYSE”) that the Company has regained full compliance with all of the NYSE’s continued listing standards, as indicated i...
Second Quarter 2020 Trading Update
Norway >> 7/8/2020 - Aker BP will publish its financial report for the second quarter 2020 on Tuesday 14 July 2020. The company issues this statement to summarize its production and sales volumes and certain accounting-re...
Kvaerner Improves Financial Results and Outlook
Norway >> 7/6/2020 - The second quarter has developed positively for key ongoing contracts and frame conditions, compared to the situation in the first quarter when the corona pandemic started. In sum, the effect is signi...
Eni Affirms Decarbonization Strategy; Revises Long Term Price Projections
Italy >> 7/6/2020 - - Strategy and implementation actions to reduce the Company’s carbon footprint confirmed, and possibly speeded up;

- Long-term prices assumptions for Brent crude oil set at $60 /barrel (from ...
Cheniere Publishes Inaugural Corporate Responsibility Report
United States >> 7/6/2020 - Cheniere Energy, Inc. has published its inaugural corporate responsibility report, titled First and Forward. The report identifies and details Cheniere’s performance on environmental, social and gover...
FortisBC's Inaugural Green Bond Issuance to Mark New Step for Sustainability
Canada >> 7/6/2020 - FortisBC Energy Inc., FortisBC's natural gas utility and subsidiary of Fortis Inc. announced a plan to complete a public offering of a Green Bond, a specialized investment targeted to support projects...
Petrus Resources Announces Extension to Credit Agreement
Canada >> 7/6/2020 - Petrus Resources Ltd. announces its syndicate of lenders has extended the borrowing base termination date on its revolving credit facility agreement from July 6, 2020, 2020 to July 13, 2020. The Compa...
Borr Drilling Regains Compliance with NYSE Continued Listing Standard
United States >> 7/3/2020 - Borr Drilling Limited (“Borr”) (BDRILL), refers to its announcement on May 12, 2020 regarding the written notice received from the New York Stock Exchange (the “NYSE”) that the Company was not in comp...
Lekoil Provides Prepayment Facility
Nigeria >> 7/2/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, is pleased to announce that LEKOIL Oil and Gas Investments Limited ("LOGL"), in which the Company ha...
ShaMaran Announces Interest Payment
Iraq >> 7/2/2020 - ShaMaran Petroleum Corp. provides the following announcement to stakeholders in connection with the Company’s news release dated July 1, 2020 and regarding the Bondholders of the Company’s 12% senio...
Siem Offshore Reaches Agreement with the Canadian Lenders
Canada >> 7/2/2020 - Secunda Canada LP, a 100% owned company of Siem Offshore Inc., has entered into a settlement agreement with all 3 of its Canadian lenders, where all debt is eliminated by a 61% payment. The requiremen...
Abengoa Mexico Restructures its Debt after the Successful Amendment of its Bankruptcy Agreement
Mexico >> 6/30/2020 - Abengoa, the international company that applies innovative technology solutions for sustainability in the infrastructure, energy and water sectors, has received court approval, issued by the Sixth Dis...
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 ...
Paramount Resources Announces Amended Credit Facility
Canada >> 6/30/2020 - Paramount Resources Ltd. has successfully completed amendments to its senior secured revolving bank credit facility (the “Facility”) with the unanimous support of its nine-bank syndicate. ...
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...
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...
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...

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