Financials and Investment News
| Tanzania >> 4/18/2020 - The African Development Bank has become aware of an inaccurate news article stating that the institution plans to provide financial support to the East African Crude Oil Pipeline Project. ... |
| Iraq >> 4/17/2020 - Genel Energy plc announces that payment has been received from the
Kurdistan Regional Government ('KRG') for oil sales during March 2020. The Taq Taq partners have received a gross payme... |
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Ghana >> 4/15/2020 - YINSON HOLDINGS BERHAD completed a USD800 million refinancing exercise for FPSO John Agyekum Kufuor (JAK), with the loan successfully drawn down on 14 April. The project kicked off five months ago in ... |
| United Kingdom >> 4/14/2020 - Egdon Resources plc has raised approximately £500,000 via a subscription for new shares, to be completed in two tranches. The Company has raised approximately £415,164 (the “Subscription“) through the... |
| United States >> 4/13/2020 - Baker Hughes announced a financial update in response to the significant decline in oil and gas prices and the COVID-19 pandemic. In addition to taking critical steps to reduce the spread and infectio... |
| Norway >> 4/8/2020 - Seadrill Limited announced that on March 26, 2020, the Company has received written notice from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with the NYSE continued l... |
| Mauritania >> 4/8/2020 - Kosmos Energy has successfully completed the re-determination of its reserve based lending credit facility (“RBL”). In addition, the company has identified a further $75 million in cost reductions acr... |
| United Kingdom >> 4/8/2020 - Zenith Energy Ltd., the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announce that it has received conditional approval for th... |
| Canada >> 4/6/2020 - Zenith Energy Ltd., is seeking approval to issue up to 75,000,000 new common shares ("Private Placement") to a selection of high net-worth private investors to raise gross proceeds of up to approximat... |
| United Kingdom >> 4/3/2020 - The leading representative body for the UK offshore oil and gas industry has launched a survey in a bid to help find solutions to the problems faced by the supply chain as it deals with the impact of ... |
| Iraq >> 4/2/2020 - Genel Energy plc announces that full payment has been received from the Kurdistan Regional Government ('KRG') for oil sales during October 2019. The Taq Taq partners have received a gross payment of $... |
| Iraq >> 4/1/2020 - Genel Energy plc notes the announcement by the operator of the Tawke licence, DNO ASA, that the Tawke field partners have received $77.2 million from the Kurdistan Regional Government as payment for O... |
| Argentina >> 4/1/2020 - Echo Energy, the Latin American focused upstream oil and gas company, provides a further update on the proposed restructuring of the Company's existing debt to defer all cash interest payments during ... |
| Norway >> 4/1/2020 - Prosafe refers to the information on its financial status and process with lenders that was provided in the Q4 2019 report published on 6 February 2020, as well as previous update on lender discussion... |
| Norway >> 4/1/2020 - On Wednesday April 1, 2020 Equinor ASA, guaranteed by Equinor Energy AS, executed a total of USD 5 billion in the debt capital market. The debt capital market transaction consists of the following tra... |
| United States >> 3/31/2020 - TC Energy Corp would proceed with its $8 billion Keystone XL pipeline with financial backing from the oil-rich province of Alberta, pushing the long-delayed project forward amid a global oil market co... |
| Norway >> 3/25/2020 - Equinor presents updated outlook for 2020 and an around USD 3 billion action plan to strengthen the financial resilience in a market impacted by the COVID-19 and low commodity prices. Equinor can be o... |
| Italy >> 3/25/2020 - With respect to the information disclosed to the market on 18 March 2020, Eni has concluded in advance a revision to its planned activities as a result of the sharp decrease in commodities prices and ... |
| France >> 3/23/2020 - Patrick Pouyanne, Chairman & CEO of Total, addressed the Group’s employees on March 19 to mobilize them in the face of the challenges ahead. He recalled the resilience that the Group’s teams demonstra... |
| Guyana >> 3/23/2020 - The effect of the COVID-19 virus on global demand for oil and gas, along with an ongoing price war that has sent oil prices tumbling at an unprecedented rate, are poised to wreak havoc on new project ... |
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