2016-06-03 19:25:00
U.S. WANT YOUR MONEY AGAIN - 2
Banks are increasingly requiring U.S. oil and gas companies to maintain minimum levels of liquidity, an unusual step that could help reduce the risk of being exposed to companies struggling to maintain operations and repay debt.
One of the energy companies hardest-hit by so-called minimum liquidity covenants is Chesapeake Energy Corp, according to a Reuters review of regulatory filings. Chesapeake must maintain $500 million in cash and other assets that can be easily converted to cash at all times, even as it posts losses and could be faced with nearly $1 billion in collateral calls.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.
Chronicle:
2020, January, 20, 11:53:00
PROJECT FINANCE & PROJECT FINANCIAL MODELLING WORKSHOP
Registration opens for 2020 Project Finance & Project Financial Modelling workshop
A 5-days course covers both project finance and financial modelling best practices.
2020, January, 20, 11:52:00
SAIPEC EXIBITION, CONFERENCE 25-27 FEB 2020
WELCOME TO THE 4TH SUB SAHARAN AFRICA INTERNATIONAL PETROLEUM EXHIBITION AND CONFERENCE - OIL AND GAS AS AN ENABLER FOR ECONOMIC TRANSFORMATION IN SUB-SAHARAN AFRICA
2020, January, 20, 11:51:00
7th ANNUAL INTERNATIONAL LNG CONGRESS RUSSIA, MOSCOW, 18-19 March 2020
Established one-of-a-kind platform for senior executives of large, medium, and small-scale Lng plants.
Event: 7th Annual International LNG Congress Russia
Date: 18-19 March 2020
Venue: Moscow, Baltschug Kempinski
Organiser: Vostock Capital
2020, January, 20, 11:50:00
NORWAY'S DECEMBER PRODUCTION 2.082 MBD
Norway's preliminary production figures for December 2019 show an average daily production of 2 082 000 barrels of oil, NGL and condensate, which is an increase of 95 000 barrels per day compared to November.
2020, January, 20, 11:45:00
GERMANY NEED RENEWABLE
a sharp rise in the Germany’s renewable generation capacity was needed over the next 15 years to meet demand from the electrification of heating, transport and other industries.
2020, January, 20, 11:40:00
RENEWABLE ENERGY BILLS TO WATCH
A “clean energy resource” is defined as “any technology used to generate electricity without emitting carbon dioxide into the atmosphere,” including “(i) electric generation facilities that are powered by nuclear, solar, wind, falling water, wave motion, tides, or geothermal power; (ii) a natural gas-fired generation facility with 80 percent carbon capture; or (iii) a coal-fired generation facility with 90 percent carbon capture.”
2020, January, 20, 11:35:00
TAJIKISTAN'S GDP UP 5.5%
Tajikistan's economic activity has been strong in 2018-19.