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All publications by tag «»

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2019, August, 2, 11:20:00
WBG FOR UZBEKISTAN: $4 BLN
The World Bank has rapidly scaled up its support to Uzbekistan since the start of the country’s social and economic transformation in 2017. The World Bank program in Uzbekistan is among its largest in the Europe and Central Asia region, with 22 projects totaling $4.08 billion. The program is focusing on economic and institutional reforms, agriculture, health, education, water supply and sanitation, energy, transport, social protection system, and urban development.
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2019, August, 2, 11:15:00
TC ENERGY NET INCOME $1.1 BLN
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced net income attributable to common shares for second quarter 2019 of $1.1 billion or $1.21 per share compared to net income of $785 million or $0.88 per share for the same period in 2018.
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2019, August, 1, 12:15:00
OIL PRICE: BELOW $65
Brent crude futures, LCOc1 the international benchmark, fell 68 cents, or 1%, to $64.37 a barrel by 0709 GMT, having fallen more than $1 earlier in the session. U.S. West Texas Intermediate (WTI) CLc1 crude was down 72 cents, or 1.2%, at $57.86 a barrel, also having dropped more than a $1 earlier.
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2019, August, 1, 12:10:00
RUSSIAN STREAMS: NEW SANCTIONS
The bill would sanction vessels that lay Russian energy export pipelines at least 100 feet below sea level.
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2019, August, 1, 12:05:00
ADNOC, ENI DEAL $3.24 BLN
Eni and ADNOC announced that they have closed their strategic partnership, announced in January, through which Eni acquired a 20% equity interest in ADNOC refining. The final cash price is approximately $3.24bn. The partners, which include Austria’s OMV, also set up a new trading joint venture.
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2019, August, 1, 11:55:00
SHELL BUYBACK PROGRAMME $2.75 BLN
Royal Dutch Shell plc (the ‘company’) today announces the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018. In the next tranche, the company has entered into an irrevocable, non-discretionary arrangement with a broker to enable the purchase of A ordinary shares and/or B ordinary shares for a period up to and including October 28, 2019. The aggregate maximum consideration for the purchase of A ordinary shares and/or B ordinary shares under the next tranche is $2.75 billion. The company’s intention is to buy back at least $25 billion of its shares by the end of 2020, subject to further progress with debt reduction and oil price conditions.
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2019, August, 1, 11:50:00
SHELL SELLS $1.9 BLN
Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has completed the sale of its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU), holding a 36.8% non-operating interest in the Danish Underground Consortium (DUC), to Norwegian Energy Company ASA (Noreco) for a consideration amount of $1.9 billion.
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2019, August, 1, 11:45:00
SHELL SELLS $0.965 BLN
Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, has completed the sale of 22.45% non-operated interest in the Caesar-Tonga asset in the US Gulf of Mexico to Equinor Gulf of Mexico LLC (Equinor), a subsidiary of Equinor ASA, subject to approval of the lease assignments by the regulator. The total cash consideration was $965 million.
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2019, August, 1, 11:40:00
BAKER HUGHES A GE NET LOSS $9 MLN
BAKER HUGHES, A GE COMPANY ANNOUNCES SECOND QUARTER 2019 RESULTS
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2019, August, 1, 11:35:00
TANAP IS READY
The Trans Anatolian Natural Gas Pipeline (TANAP), the major segment of the Southern Gas Corridor is ready to supply Azerbaijani gas directly to Europe.