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Latest Finance |
Helix updates strategic direction for Oil & Gas business Mar 9, 2010Helix Energy Solutions says that it is engaging financial advisors to assist the Company in evaluating the strategic alternatives available
Candax receives credit approval from Bank of Scotland Mar 4, 2010Candax Energy confirms that credit approval has been received from the Bank of Scotland to the terms of a substantial restructuring of the US$45 million loan facility
Dominion to raise £32.7M for exploration programme in Uganda Mar 2, 2010Dominion Petroleum, which has exploration interests in Central and Eastern Africa, has raised £32.7m (approximately $50m) through a planned placing of
Seadrill reports fourth quarter and preliminary 2009 results Mar 1, 2010Seadrill reports preliminary consolidated revenues for 2009 of US$3,254 million as compared to revenues of US$2,106 million in the 2008 accounts.
GulfMark Offshore completes reorganization Feb 25, 2010GulfMark Offshore completed its reorganization with its former parent, GulfMark Offshore, Inc. (Old GulfMark), with the Company being the surviving corporation
Noble Energy provides 2010 plans Feb 23, 2010Noble Energy has declared its 2010 capital budget and guidance.
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TNK-BP approves a $1.8 billion investment in major projectsFeb 18, 2010TNK-BP has declared the results of a meeting of the Board of Directors of TNK-BP Limited, the ultimate holding company of the TNK-BP group of companies
ONGC to invest up to $30 billion on overseas assetsFeb 18, 2010India's state-run Oil and Natural Gas Corporation (ONGC) has said budgeted to invest between $25 billion and $30 billion over the next ten years in an attempt
Norwest Energy reports placement to raise $1.3mFeb 16, 2010Norwest Energy NL has entered into an agreement with Patersons Securities Limited, which will act as lead manager in arranging to place up to 56,575,000 shares
San Leon extends working capital facility to Island Oil & GasFeb 12, 2010Further to the announcements on 23 December 2009 and 29 January 2010 regarding the provision of a €500,000 working capital facility to Island Oil & Gas plc
EPL increases full year 2010 production guidanceFeb 8, 2010Energy Partners expects to exceed fourth quarter 2009 production guidance and has increased its full year 2010 production guidance.
North Energy reports successful initial public offeringFeb 8, 2010North Energy ASA, reports the successful completion of its Initial Public Offering.
Petrobras to raise new investment via share saleFeb 5, 2010State-run Brazilian oil major Petroleo Brasileiro (Petrobras) has laid out plans to raise between $15-$30 billion through a share sale to minority investors.
Suncor Energy provides operational goals for 2010Feb 3, 2010Suncor's Board of Directors has approved a $5.5 billion capital spending plan for 2010. Approximately $1.5 billion will be directed toward growth project funding
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Chevron makes final investment decision on Papa Terra project offshore BrazilJan 28, 2010Chevron Corporation says that its Brazilian subsidiary will proceed with the development of the Papa Terra project as the company's second deepwater development
Ivanhoe Energy raises Cdn$125 million through private placementJan 27, 2010Robert Friedland, Co-Chairman, President and CEO and David Dyck, Executive Vice President, Capital Markets of Ivanhoe Energy Inc. has raised Cdn$125
Lundin reports $540 million capital expenditure budget for 2010Jan 20, 2010Lundin Petroleum provides the details of its USD 540 million development and exploration budget for 2010. The 2010 budget is a 4 percent increase on the forecast
Unit Corporation declares 2010 capital expenditure budgetJan 20, 2010Unit Corporation has declared its initial 2010 capital expenditures budget for all of its business segments of $467 million, an increase of 57% over estimated
Petroceltic reports placing of Iberdrola shareholdingJan 19, 2010Petroceltic International was notified that Iberdrola had sold 215,769,231 ordinary shares, being all of its 15.68 per cent shareholding in Petroceltic, on the
Kosmos Energy increases loan facilitiesJan 15, 2010Kosmos Energy says that the company's 2009 capital raise exceeded US$1 billion.
Faroe reports extension of NOK 500m credit facilityJan 15, 2010Faroe Petroleum has agreed a two year extension to its NOK 500m revolving credit facility with Bank of Scotland (approximately £55m) to finance its ongoing
FX Energy sets 2010 capital budget at $24 millionJan 14, 2010FX Energy declared its 2010 capital budget of approximately $24 million. The large increase in production that started 4Q09 means the Company should be
Desire Petroleum provides result of open offerJan 13, 2010On 9 December 2009, the Board of Desire declared an Open Offer to raise gross proceeds of up to £20.3 million (approximately £19.9 million net of expenses)
Talisman Energy budgets $5.2 billion in capital spending for 2010Jan 12, 2010Talisman Energy Inc. has declared its capital spending plans for 2010.
Range Resources provides financial updateJan 11, 2010Range Resources Corporation provides an update of its financial position including its year-end debt balance, liquidity and current hedge position.
Forest Oil provides 2010 guidanceJan 8, 2010Forest Oil has declared its 2010 capital budget and related operational guidance.
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