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| Feb 4, 2022 | Oil extends gains above $90/bbl as winter storm sweeps through United States | * Oil registers longest stretch of weekly gains since Oct
* WTI six-month backwardation closes in on multi-year high
* U.S. winter storm fuels worries over supply disruptions
SINGAPORE, Feb 4 (Reuters) - Oil prices climbed on Friday, extend... |
| Feb 4, 2022 | Oil extends gains above $90/bbl as winter storm sweeps through the US | By Roslan Khasawneh
SINGAPORE (Reuters) - Oil prices climbed on Friday, extending sharp gains in the previous session as frigid weather swept across large swathes of the United States, threatening to further disrupt oil supplies.
Brent crud... |
| Feb 4, 2022 | Oil extends gains above $90/bbl as winter storm sweeps through United States | SINGAPORE, Feb 4 (Reuters) - Oil prices climbed on Friday, extending sharp gains in the previous session sparked by persistent supply concerns and as frigid weather cascades across the United States, threatening to further disrupt fragile o... |
| Dec 18, 2021 | Brazil's oil auction raises $2 billion as Total, Shell pile in | While TotalEnergies (28%), Qatar Energy (21%) and Petronas (21%) made the top offer for Sepia field, Petrobras, formally Petroleo Brasileiro SA, later entered the consortium by exercising preference rights to take a 30% stake.
Petrobras (52... |
| Dec 17, 2021 | Brazil's oil auction raises $2 billion as Total, Shell pile in | By Gram Slattery, Marta Nogueira and Sabrina Valle
RIO DE JANEIRO (Reuters) - France's TotalEnergies, Royal Dutch Shell, Malaysia's Petronas and Qatar Energy on Friday scooped up big offshore fields in Brazil together with state-owned Petro... |
| Dec 7, 2021 | PNG-focussed Oil Search gets shareholder nod for $6.2 bln buyout by Santos | Dec 7 (Reuters) - Papua New Guinea-focussed Oil Search Ltd said on Tuesday its A$8.8 billion ($6.21 billion) buyout by Santos Ltd received an overwhelming support from its shareholders, getting over 95% votes in favour of the deal.
Shares o... |
| Nov 26, 2021 | Thai oil firm PTT expands pharma business with $475 million Alvogen deal | A consortium of PTT and Icelandic investment fund Aztiq have agreed a $475 million purchase of Alvogen Emerging Markets Holdings Ltd, which holds a 57.48% stake in Lotus, according to Refinitiv Eikon.
The Alvogen unit also owns Adalvo, a bu... |
| Nov 26, 2021 | Thai oil firm PTT expands pharma business with $475 mln Alvogen deal | BANGKOK, Nov 26 (Reuters) - Thailand's state-owned oil firm PTT is set to expand further into pharmaceuticals as part of a consortium acquiring a unit of drugmaker Alvogen, the parent of Taiwan's Lotus Pharmaceutical, PTT said on Friday.
A ... |
| Oct 25, 2021 | Athabasca Oil Corporation Closes $350 Million Senior Secured Notes Financing | Athabasca Oil Corporation announces that it has closed the issuance of $350 million of Senior Secured Notes and the syndication of a $110 million reserve based credit facility. Athabasca?s strategy is to position itself as a low leveraged c... |
| Oct 1, 2021 | Africa Oil : Announces the Receipt of $75 Million Prime Dividend, Debt Repayment and Positive Prime RBL Update | VANCOUVER, BC, Sept. 30, 2021 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("AOI", "Africa Oil" or "the Company") is pleased to announce that it has received a substantial dividend from its inv... |
| Sep 30, 2021 | Africa Oil Announces the Receipt of $75 Million Prime Dividend, Debt Repayment and Positive Prime RBL Update | Africa Oil Announces the Receipt of $75 Million Prime Dividend, Debt Repayment and Positive Prime RBL Update Thu, Sep 30, 2021 23:30 CET
VANCOUVER, BC, September 30, 2021 /CNW/ (AOI–TSX, AOI–Nasdaq-Stockholm) – Africa Oil Corp. (“AOI”, “Afr... |
| Aug 19, 2021 | Surge Energy Inc. : Announces Closing of Strategic $160 Million Southeast Saskatchewan Light Oil Acquisition, Closing of New Credit Facilities | CALGARY - Surge Energy Inc. ('Surge' or the 'Company') (TSX: SGY) is pleased to announce that it has successfully completed the previously announced acquisition (the 'Acquisition') of Astra Oil Corp. ('Astra') pursuant to an arrangement (th... |
| Aug 6, 2021 | San-Ai Oil Co.,Ltd. announces an Equity Buyback for 500,000 shares, representing 0.72% for ¥700 million. | San-Ai Oil Co.,Ltd. (TSE:8097) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 0.72% of its share capital, for ¥700 million. The company will repurchase its shares in order t... |
| Jul 29, 2021 | Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar | Royal Dutch Shell on Thursday reported adjusted earnings of $5.5 billion for the three months through to the end of June, beating analyst expectations.
The Anglo-Dutch company boosted its dividend for the second consecutive quarter and anno... |
| Jun 25, 2021 | Advantagewon Oil Announces $975,000 Promissory Note to Starvolt | Toronto, Ontario--(Newsfile Corp. - June 24, 2021) - Advantagewon Oil Corp. (CSE: AOC) (OTC Pink: ANTGF) ("Advantagewon") is pleased to announce that today, in furtherance to their acquisition of a minority interest in Starvolt Po... |
| Jun 4, 2021 | Don’t miss these startups exhibiting at TC Sessions: Mobility 2021 | We’re just five days away from TC Sessions: Mobility 2021, where thousands of mobility movers and shakers will dive deep into the game-changing technology that’s reinventing the way we move people — and pretty much everything else — around ... |
| May 7, 2021 | Africa-focused Tullow Oil emerges from overhaul with $1.8 billion bond | Rahul Dhir also told Reuters the firm did not plan to sell more oil and gas fields after disposing of assets worth $750 million following last year's oil price plunge, including its $575 million sale of a Uganda project stake to Total.
&quo... |
| Dec 2, 2020 | Exxon Mobil slashes capital spending, announces $20 bn oil asset write-down | Exxon Mobil announced on Monday that it would significantly cut spending on exploration and production over the next four years and would write off up to $20 billion of investments in natural gas.
The company struggled to adapt as oil and g... |
| Sep 23, 2018 | Oil India gets shareholders’ nod to raise up to ₹ 7,000 cr | Oil India has received shareholders’ approval to raise up to ₹ 7,000 crore through issuance of bonds and debentures on private placement basis, the state-owned firm informed stock exchanges on Sunday.
The company’s shareholders have also ap... |
| Mar 13, 2018 | Indian Oil raises borrowing limit by Rs 30,000 cr | Indian Oil Corporation Ltd has raised its borrowing limit by Rs 30,000 crore to Rs 1,10,000 crore.
Indian Oil has informed the BSE that its shareholders have given their nod through postal ballot for increasing the borrowing limit from Rs. ... |
| Mar 13, 2018 | Essar Oil completes Rs 10,000 cr expansion at Vadinar | Crude refining major Essar Oil Ltd on Tuesday announced completion of its Rs 10,000 crore expansion project at Vadinar in Gujarat, four months ahead of the schedule.
The total refining capacity will go up to 20 million tonnes (mt) a year or... |
| Mar 12, 2018 | Oil India announces Rs 11/share interim | Oil India Ltd (OIL) has announced an interim dividend of Rs 11 per share (110 per cent) for 2012-13 fiscal for which the record date will be January 24.
The company said that the dividend was payable on and from January 25 and the payment w... |
| Jan 15, 2018 | Oil India arm raises $500 million | Public sector Oil India has raised $500 million through an offshore issue of fixed rate notes through its Singapore registered subsidiary. In an official statement, the company said that Oil India International Pte Ltd, Singapore (OIIPL), a... |
| Jan 9, 2018 | Essar Oil completes sale of India assets to Rosneft-led consortium for $12.9 bn | Deal includes sale of Vadinar refinery, 3,500 retail outlets, a power plant and port
The Ruias-run Essar Oil today announced the completion of sale of its India assets to the Russian government controlled Rosneft-led consortium for $12.9 bi... |
| Aug 21, 2017 | Essar Oil completes sale of India assets to Rosneft for USD 12.9 bn | -->
The deals includes sale of its 20 million tonne refinery at Vadinar in Gujarat and a captive power plant and captive port as well as over 3,500 petrol pumps. |
| Jun 7, 2017 | Oil rebounds, finds support after sliding below $47/bb | Oil prices edged upward Tuesday, finding technical support after sliding below $47 a barrel on pressure from a diplomatic rift in the West Asia and sustained high crude inventories in the United States. US West Texas Intermediate crude was ... |
| Mar 31, 2017 | Warren Oil Management Co. Raises $2.3 Million | A Dunn-based lubricants manufacturer management company raised $2.3 million from 10 investors, according to a filing with the Securities and Exchange Commission.
Warren Oil Management Co. filed the Form D on March 29, 2017. The first sale o... |
| Mar 7, 2016 | How to Invest for $50 Oil | Oil could trade around $50 by May.
Don’t quote Credit Suisse on that exact number, but Jan Stuart, the bank’s oil analyst, is citing $50 to highlight “upside risk” in a commodity many investors think is unlikely to really advance.
“We highl... |
| Jan 15, 2016 | Oil Closes Below $30, Currencies Pummeled | Crude prices slipped below $30 per barrel Friday for the first time in 12 years, and ended the week with double-digit declines.
UPDATE: For our emerging market week in review, with many links for investors, see Emerging Markets Sink 4%: GE ... |
| Nov 17, 2014 | Gulf Oil Corporation nets Rs 10 cr in Q2 | Gulf Oil Corporation Ltd has posted a net profit of Rs 10.13 crore for the second quarter ended September 30, 2014, up 25 per cent over Rs 8.09 crore registered during the first quarter ended June 2014.
In the second quarter ended September... |
| Oct 3, 2014 | UK Oil Firm To Invest $90m In Niger’s Newly Discovered Oil | Niger Republic’s Ministry of Petroleum said on Thursday that it has sealed a production-sharing deal with British oil firm Savannah Petroleum that will see the firm invest $90 million in an oil project in the West African country in 2015.
T... |
| Aug 12, 2014 | Gulf Oil Corporation nets Rs 8 cr in Q1 | Gulf Oil Corporation limited has posted a net profit of Rs 8.09 crore for the first quarter ended June 30, 2014 and a turnover of Rs 24.41 crore.
The Hinduja Group company now has Energetics, Mining and Infrastructure and Realty Divisions u... |
| May 8, 2014 | Gulf Oil nets Rs 18 cr in Q4 | Gulf Oil Corporation Limited has posted a net profit of Rs 18.35 crore for the fourth quarter ended March 31, 2014 as against Rs 17.28 crore for the corresponding quarter last year.
The company total income from operations for the fourth qu... |
| Jul 23, 2013 | Delonex Energy Invests $600m In Africa Oil Prospects | London-based Delonex Energy Ltd, an energy sector company, plans to invest $600 million in financing oil and gas projects in several African countries, including Mozambique, the company said in a statement.
One of the key investment areas t... |
| Jan 10, 2013 | Islamic Development Bank Provides $265m To Egypt State-Owned Oil Firm | The International Islamic Trade Finance Corporation (IITFC), a branch of the Islamic Development Bank, has provided $265 million in funding to Egyptian General Petroleum Corporation (EGPC).
This raises the amount of money provided to the EG... |
| Sep 17, 2012 | Total To Invest $650m On 9 Ugandan Oil Wells | VENTURES AFRUCA – Following the acquisition of a third of the Ugandan oil blocks belonging to British explorer Tullow Oil, Total plans to expend $650 million on seismic data acquisition and drilling of 9 new exploration wells in the country... |
| Jun 27, 2012 | Gulf Oil nets Rs 13 cr in Q2 | Gulf oil Corporation Ltd, has recorded a net profit of Rs 13.02 crore, up 6 per cent for the second quarter ended September 30 as against Rs 12.31 crore it logged for the corresponding quarter last year.
Its sales income was lower at Rs 228... |
| Jan 28, 2011 | CVCI-Backed Shiv-Vani Oil Raising Rs 250Cr | Citigroup Venture Capital-backed Shiv-Vani Oil & Gas Exploration Services Limited is raising Rs 250 crore through issue of secured redeemable optionally convertible debentures to ICICI Bank. The company had earlier disclosed that it pla... |
| Mar 30, 2010 | Franklin Templeton Invests $20.6M In Shiv-Vani Oil | Franklin Templeton, a US fund manager, has invested $20.6 million (around Rs 93.4 crore) in Shiv-Vani Oil & Gas Exploration Services Ltd, a New Delhi-based company engaged in the exploration and production of oil and natural gas.
The in... |
| Feb 1, 2010 | Templeton Strategic Fund Invests $20M In Shiv-Vani Oil | Update: Templeton Strategic Emerging Markets Fund III, LDC, a fund managed by US-based Franklin Templeton Asset Management, is investing $19.95 million (around Rs 93.4 crore) in Shiv-Vani Oil & Gas Exploration Services Ltd, a New Delhi-... |
| Oil PSU GAIL Launches $7.7 Mn Fund ‘Pankh’ For Startup Entrepreneurs | Delhi-based oil PSU Gas (India) Limited or GAIL has launched an initiative ‘Pankh’ (wings) to nurture startup entrepreneurs. GAIL has set aside a fund corpus of $7.7 Mn (INR 50 Cr) to help startup entrepreneurs realise their potential.
With... |
| Oil extends gains above US$90/bbl as winter storm sweeps through United States | SINGAPORE: Oil prices climbed on Friday (Feb 4), extending sharp gains in the previous session as frigid weather swept across large swathes of the United States, threatening to further disrupt oil supplies.
Brent crude rose 34 cents, or 0.4... |
