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News Date
Gunvor $800MM refi over book before syndication
Gunvor will refinance its annual credit facility for its Singapore operations with an $800 million revolving credit facility, which has a dual-tranche structure with 364-day and three-year...
May 03, 2018
India seeks to create Asian oil buyers’ alliance
India wants to establish a buyer’s network of Asian countries which purchase oil imports to negotiate better terms with sellers. The network would include major oil consumers such as China, South...
May 03, 2018
Noble provides higher equity retention for shareholders
Noble Group Ltd. announced that it simplified the structure of its $3.4 billion debt restructuring deal. Under the new plan, all existing shareholders will be allocated 15% of the equity of a new...
May 03, 2018
ONGC files arbitration against government of South Sudan
ONGC Videsh, the overseas-focused subsidiary of India’s Oil and Natural Gas Corp. has filed an arbitration claim against the government of Sudan in an effort to recover $98.9 million in...
May 03, 2018
Pertamina CEO & directors fired in management shakeup
Indonesia’s State Owned Enterprise Ministry has sacked the CEO of Pertamina, Elia Massa Manik, in a management shakeup following a series of unfortunate events at the company. The latest mishap, in...
May 03, 2018
Thailand’s PTTEP reports 21% increase in Q1 earnings
Thailand’s state-held PTT Exploration and Production, the Upstream unit of Thai NOC PTT, said its Q1 net profit rose 21% to $423 million, its best quarter in nearly three years, as revenue increased...
May 03, 2018
Reliance says Yes to $4.0B KG-D6 FID, reports record earnings
Reliance Industries made a positive final investment decision for $4.0 billion to move ahead with the development of Phase 2 of Block KG-D6 off western India. Called the Satellite cluster, the block...
May 03, 2018
88 Energy launches placings for up to $12.8 million
88 Energy Ltd., which trades both on ASX and in London, announced on April 30 the launch of an equity placing to raise about A$12 million with the ability to take up an additional A$5.0 million in...
May 03, 2018
Sundance shareholders OK $185MM in equity for Texas acres
Sundance Energy Australia Ltd. announced that shareholders on April 19 approved an ordinary stock placement conducted during the first quarter under which the company raised A$235.4 million (US$184.8...
May 03, 2018
Woodside reports 1Q18 revenue of $1.2 billion
Woodside Petroleum Ltd. reported 1Q18 revenue of $1.2 billion, up 30% YOY, as its production rose 3.4% and its average realized price for hydrocarbons rose 16% from a year ago.In a Q1...
May 03, 2018

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