PRE & BANK OF AMERICA
BLOOMBERG. Pacific Rubiales Energy Co. (PRE), Latin America's largest non-state oil producer, is working with Bank of America Corp. to review its strategic options as the Colombian company's share price lags competitors, according to people familiar with the matter. The stock surged yesterday.
The review may lead to a sale of Pacific, which is listed in Bogota and Toronto and has a market value of about C$6.1 billion ($5.4 billion), four of the people said. Pacific President Jose Francisco Arata said the company is "not for sale," and that Bank of America is analyzing the international…
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South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.
the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.