Companies
2018, April, 25, 09:35:00
SHELL SELLS ARGENTINA $0.95 BLN
SHELL - Shell has signed an agreement to sell its Downstream business in Argentina to Raízen for US$0.95 billion in cash proceeds at completion, subject to customary closing conditions. The sale includes the Buenos Aires Refinery, around 645 retail stations, liquefied petroleum gas, marine fuels, aviation fuels, bitumen, chemicals and lubricants businesses, as well as supply and distribution activities in the country. Additionally, after the transaction closes, the businesses acquired by Raízen will continue their relationships with Shell through various commercial agreements, which represent an estimated value of US$0.3 billion.
2018, April, 25, 09:30:00
HALLIBURTON NET INCOME $46 MLN
HALLIBURTON - Halliburton Company (NYSE:HAL) announced income from continuing operations of $46 million, or $0.05 per diluted share, for the first quarter of 2018.
2018, April, 23, 14:20:00
WBG WANT COUNTRIES
WBG - Bank Group must strengthen its financial capacity to meet the aspirations of its shareholders, mobilize capital at scale, and respond to global development challenges.
2018, April, 23, 14:15:00
IMF WANTS AFRICA
IMF - we agreed on the need to accelerate structural reforms and access to finance in order to raise overall investment and medium-term growth rates to support job creation. The Fund, through its policy advice, can assist countries to design and implement growth-friendly fiscal adjustment, when needed, that responds to the country-specific sources of debt vulnerabilities while preserving needed investments in infrastructure, human capital, and other priority expenditures
2018, April, 23, 14:10:00
IMF'S CORRUPTION
IMF - Directors also agreed that the Fund should continue to address governance issues and corruption in surveillance when the applicable standard of the Integrated Surveillance Decision has been met.
2018, April, 23, 14:05:00
BAKER HUGHES GE NET INCOME $70 MLN
BHGE - Baker Hughes, a GE company Announces First Quarter 2018 Results
Revenue of $5.4 billion for the quarter, down 7% sequentially and up 1% year-over-year on a combined business basis
GAAP operating loss of $41 million for the quarter, decreased 63% sequentially and increased unfavorably year-over-year on a combined business basis
Adjusted operating income (a non-GAAP measure) of $228 million for the quarter, down 20% sequentially and down 19% year-over-year on a combined business basis
2018, April, 20, 09:15:00
ENI - ROSNEFT COOPERATION
REUTERS - Italian oil major Eni has no plans to pull out of its joint venture with Russia’s Rosneft despite escalating sanctions against Russia, the head of Eni said on Wednesday.
2018, April, 20, 09:00:00
IRAN NEED NEW MARKETS
SHANA - The CEO of the Iranian Gas Commercial Company (IGCC) said his company, as the sole exporter of gas products in Iran, is currently seeking new markets for exporting liquefied petroleum gas (LPG).
2018, April, 20, 08:55:00
UZBEKISTAN - LUKOIL GAS
LUKOIL - LUKOIL has commissioned a Gas Processing Complex at the Kandym fields cluster in Uzbekistan. The official opening ceremony was attended by the President of the Republic of Uzbekistan Shavkat Mirziyoyev, Minister of Energy of the Russian Federation Aleksander Novak, Ambassador Extraordinary and Plenipotentiary of the Russian Federation to the Republic of Uzbekistan Vladimir Tyurdenyov, Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to the Republic of Uzbekistan Kwon Yong Woo and the President of PJSC "LUKOIL" Vagit Alekperov.
2018, April, 20, 08:50:00
ENI INVESTMENT €7 BLN
ENI - Eni will invest €7 billion in Italy over the next four years, including €1 billion in green activities
2018, April, 20, 08:45:00
SEADRILL'S BANKRUPTCY OFF
REUTERS - Offshore oil driller Seadrill (SDRL.OL) plans to emerge from Chapter 11 bankruptcy in late June or early July to catch the rising wave of rig market activity, its chief executive told said on Wednesday.
2018, April, 16, 09:10:00
CHEVRON - AUSTRALIA LNG: $54 BLN
REUTERS - The $54 billion Gorgon project came on stream in March 2016 but suffered numerous unplanned shutdowns in its early stages.
2018, April, 13, 17:45:00
FINLAND'S GAS PERMITS
GAZPROM - Nord Stream 2 AG received the second permit required for the construction and operation of the Nord Stream 2 gas pipeline in the Finnish Exclusive Economic Zone (EEZ), thereby completing the permitting procedure in Finland.
2018, April, 13, 17:40:00
RUSSIAN LNG FOR INDIA
REUTERS - GAIL renegotiated the terms of a long-term 2.5 million tonnes per annum (mtpa) liquefied natural gas (LNG) purchase deal with Russia’s Gazprom in January.
2018, April, 11, 13:10:00
SAUDI - INDIA'S REFINERY: $44 BLN
PLATTS - India's state-run refiners and Saudi Aramco signed an agreement Wednesday to jointly build an integrated refinery and petrochemical complex on India's west coast at a cost of $44 billion, Saudi energy minister Khalid al-Falih said.