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Valaris Announces Additional Support for Restructuring and Extension
United Kingdom >> 9/11/2020 - Valaris plc announced that holders of over 70% in aggregate principal amount of its senior notes (the “Consenting Noteholders”) have now executed the Restructuring Support Agreement (the “RSA”) and Ba...
Petrobras Collaborates with New Phase of Lava Jato Operation
Brazil >> 9/11/2020 - Petrobras informs that yesterday, the 74th phase of Lava Jato operation (Car Wash) was launched, in which the Federal Prosecutors and the Federal Police are investigating possible wrongdoing in connec...
Genel Energy Announces Intention to Refinance
United Kingdom >> 9/11/2020 - Genel Energy plc has engaged Pareto Securities to organise a roadshow with international credit investors. The Company may, subject to market conditions and acceptable terms on the new issue, rais...
European Energy Successfully Issues New Hybrid Green Bond
Denmark >> 9/10/2020 - European Energy A/S has closed the book on a new hybrid green bond at EUR 75 million at 6.125 per cent interest. The bond received significant attention from investors and was oversubscribed. ...
Husky Announces Review of West White Rose Project
Canada >> 9/9/2020 - Husky Energy announced a review of the West White Rose Project in the Atlantic region. The review follows the suspension of major construction activities in March due to the COVID-19 pandemic and the ...
Rex Signs Options Agreements to Fund Exploration Drilling of Two Wells
Norway >> 9/9/2020 - Rex International Holding Limited, a technology-driven oil company, announced that its direct wholly-owned subsidiary Rex International Investment Pte Ltd (“RII”) has entered into options agreements (...
PetroTal Provides Update on the Bretana Oil Field
Peru >> 9/9/2020 - PetroTal Corp. expects and is ready to reopen the Bretana oil field as soon as the ongoing discussions between the communities and the Government of Peru have been ratified, which is expected in the n...
Revenues in 2020 Expected to Hold Firm Despite COVID-19 Impact
United Kingdom >> 9/8/2020 - STATS Group generated revenues of £39.1 million and EBITDA earnings of £5.6 million according to its annual accounts as at 31 December 2019. ...
NNPC Obtains $1bn to Fund Upstream Operations
Nigeria >> 9/4/2020 - The Nigerian National Petroleum Corporation had obtained a prepayment funding of about $1bn to support the upstream operations of its subsidiary, the Nigerian Petroleum Development Company. ...
APICORP Posts $54.8M Net Profit in First Half of 2020
Saudi Arabia >> 9/3/2020 - The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced its half-year results for the six months ended 30 June, 2020. Gross operating income f...
New Jersey Resources Issues $120 Million of Green Bonds
United States >> 9/2/2020 - New Jersey Resources announced the issuance of $120 million of Green Bonds. The proceeds from the sale will fund eligible green investments, including NJR’s commercial solar projects. The bonds have a...
Whiting Petroleum Completes Reorganization
United States >> 9/1/2020 - Whiting Petroleum Corporation has successfully completed its financial restructuring and emerged from Chapter 11 protection. Whiting officially concluded its reorganization after completing all requir...
EQUATE Group Unifies Sustainability Efforts Globally
Kuwait >> 9/1/2020 - EQUATE Group has published its latest sustainability performance results as it continues on its path to create long-term value and positive change in the communities it serves around the world. The co...
Receipt of Payments for KRI Oil Sales
Iraq >> 9/1/2020 - Genel Energy plc announces that payments have been received from the Kurdistan Regional Government for oil sales during July 2020.

The Taq Taq partners have received a gross payment of $...
Africa Oil Receives Fourth Dividend from its Nigerian Asset
Nigeria >> 8/31/2020 - Africa Oil Corp. has received its fourth dividend from Prime Oil and Gas B.V. ("Prime"), a company that holds interests in deepwater Nigeria production and development assets. ...
Borr Drilling Limited Announces Preliminary Results for the Second Quarter of 2020
Bermuda >> 8/28/2020 - Borr Drilling Limited announces unaudited results for the three and six months ended June 30, 2020.

Highlights in the Second Quarter of 2020

· Total operating revenues of ...
Petrobras on Revolving Credit Lines
Brazil >> 8/25/2020 - Petrobras, following up on the releases dated 07/27/2020 and 03/20/2020, informs that it made the partial pre-payment of its revolving credit lines, in the amount of US$ 2.1 billion. ...
Magseis Fairfield Reports Results for the Second Quarter 2020
Norway >> 8/25/2020 - Magseis Fairfield delivered strong operational and financial performance in the second quarter 2020, with all crews performing according to plan despite challenging logistics during the pandemic. The ...
Shell Contributes $1.7M to Support Access to Energy During COVID-19
Nigeria >> 8/21/2020 - Shell has granted $1.7 million to six companies providing electricity in India, Kenya, Nigeria, Sierra Leone, Tanzania, and Uganda to support customers in financial difficulty because of the pandemic....
Refinancing Heads of Terms Agreed with Subset of Creditors
United Kingdom >> 8/20/2020 - Premier is pleased to announce that it has agreed heads of terms for a long-term refinancing of the Group’s debt facilities with a subset of its creditors representing over 45 per cent of the Group’s ...

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