Fri, 02 Dec 2016 00:00:00 GMTFlush with cash, private equity-backed firms and former oil industry executives are eyeing energy assets in Southeast Asia.
Fri, 02 Dec 2016 00:00:00 GMTRussian gas giant Gazprom is working on a deal under which Japanese banks would provide it with financing worth 800 million euros ($851.28 million), two sources familiar with the discussions told Reuters.
Tue, 29 Nov 2016 00:00:00 GMTRussia's No.2 oil producer Lukoil says its 3Q net profit fell 12.5% quarter-on-quarter, while its free cash flow jumped 83.4 percent to 104.5 billion roubles ($1.6 billion).
Mon, 28 Nov 2016 00:00:00 GMTItalian energy group Eni plans to reduce its stake in the giant Zohr gas field offshore Egypt to 50 percent, Chief Executive Claudio Descalzi said.
Mon, 28 Nov 2016 00:00:00 GMTPrivately held Silverback Exploration LLC will sell oil and gas assets for $855 million to Centennial Resource Development Inc, which is backed by energy private equity fund Riverstone Holdings LLC.
Sun, 27 Nov 2016 00:00:00 GMTThe main Israeli partners developing the large Leviathan natural gas site said on Sunday they signed commitment letters with HSBC and J.P. Morgan for up to $1.75 billion of financing.
Fri, 25 Nov 2016 00:00:00 GMTMikhail Gutseriyev, a co-owner of the Russian mid-sized oil company Russneft, said in a statement that the demand during the company's initial public offering (IPO) has exceeded offer by more than 30%.
Fri, 25 Nov 2016 00:00:00 GMTSingapore plans to offer financial assistance to its liquidity-hit marine and offshore engineering companies that could help them raise as much as S$1.6 billion ($1.1 billion) in loans.
Thu, 24 Nov 2016 00:00:00 GMTMexico is set to book a $2.9bn gain on its 2016 oil hedging program, marking the second year in a row that the country has netted a multi-billion dollar payout from the options-based commodity hedges.
Thu, 24 Nov 2016 00:00:00 GMTJapan Bank for International Cooperation (JBIC) is set to provide a 200 million euro ($211 million) loan to the Yamal liquefied natural gas (LNG) project in Russia led by Novatek.
Thu, 24 Nov 2016 00:00:00 GMTThe board of Russia's largest oil producer Rosneft has approved a bond program worth 1.071 trillion roubles ($16.55 billion) for 10 years.
Wed, 23 Nov 2016 00:00:00 GMTNorwegian seismic explorer Petroleum Geo-Services ASA announced Wednesday that it has raised approximately $225 million through a placement of 85,500,000 new shares.
Wed, 23 Nov 2016 00:00:00 GMTNorway's oil companies have lowered their 2017 investment plans, a Statistics Norway survey showed on Wednesday, raising the chances of a central bank interest rate cut in the coming months.
Tue, 22 Nov 2016 00:00:00 GMTPDVSA confirms it is using a 30-day grace period for coupon payments on its 2035 bond, but said a JP Morgan report of payment delays on other bond issues was wrong.
Tue, 22 Nov 2016 00:00:00 GMTGazprom says a combination of long-term contracts with new pricing mechanisms and forms would allow it to boost revenues and strengthen its market position.
Mon, 21 Nov 2016 00:00:00 GMTArmour Energy Limited agrees terms with M.H. Carnegie & Co Pty Ltd for a staged investment of up to $17.5 million worth of convertible notes.
Mon, 21 Nov 2016 00:00:00 GMTThe Asian Development Bank will provide a $167 million loan to Bangladesh to boost natural gas production and expand transmission infrastructure.
Fri, 18 Nov 2016 00:00:00 GMTA Moscow arbitration court turns down a claim by a minority shareholder in Russian oil pipeline monopoly Transneft who had alleged that the dividend payouts were too low.
Thu, 17 Nov 2016 00:00:00 GMTNigeria needs at least $14 billion a year in new investment over the next five years to raise oil output to 2.2 million barrels a day and even higher spending to lift it to 3 million bpd, the head of a company producing oil in the country said.
Thu, 17 Nov 2016 00:00:00 GMTNigeria has reached a deal to pay $5.1 billion in unpaid bills to oil majors including Royal Dutch Shell and Exxon Mobil, the minister of state for oil said.