Finance - Debt
Oil producer cartel OPEC and its partners will need to keep production lower than their agreed target through 2019 for benchmark Brent crude to come back to $70 a barrel (bbl), oil and gas consultancy Rystad Energy said.
Anadarko Petroleum Corp. (NYSE: APC) has commenced a cash tender offer for up to $500 million combined aggregate principal amount of its outstanding 3.45% notes due 2024, 4.85% notes due 2021 and 5.55% notes due 2026, the company said on Nov. 28.
Remember this when going public: It’s a clean slate and what transpired as a private company no longer matters.
Devon Energy Corp. (NYSE: DVN) has completed its initial accelerated share repurchase program that commenced in early August, the company said on Sept. 14.
Day’s insights covered the burgeoning LNG business, the growing eastern Eagle Ford, and opportunities in the Gulf of Mexico and Bakken Shale, and how insurance can reduce business risk.
A 25-year period for Denmark as a net oil exporter is set to end this year following output declines in the North Sea, the country’s energy agency said on Aug.30 after slashing its long-term oil production forecast.
Christopher Abbate, Riverstone Holdings, talks private credit funds and alternative lending.
The company expects to fully fund this year’s $3 billion program, as well as its dividend and capex, with cash from operations.
Anadarko Petroleum on July 9 announced its board of directors has authorized an expansion of the company's share-repurchase program to $4 billion, representing a $1 billion increase.
Alaska Gasline Development Corp. (AGDC) is preparing an equity offering for this summer and is open to partnering with a major energy firm on the development of its costly Alaska LNG export terminal and pipeline project, an executive said on June 28.
Goodnight Midstream LLC recently expanded its revolving credit facility to $320 million, the Dallas-based midstream water infrastructure company said June 7.
Questerre Energy reported on June 4 that it has executed a letter of intent with a senior E&P company to settle outstanding litigation and acquire all their assets in the St. Lawrence Lowlands, Quebec.