Pemex’s nearly $105 billion in debt already makes it the biggest borrower of any oil company in the world. And it’s accruing more. Pemex is
Category: Financial
Eni to take up $4 billion impairment hit due to lower oil price outlook
Italian oil major Eni is expecting to report impairments of around 3.5 billion euros (cca. $3.96 billion) as a result of a lower outlook for
Equinor to maintain US $ 15 billion investment plan in Brazil
July 3, 2020 Equinor intends to keep its US $ 15 billion investment plan active in the country, despite the expectation of a reduction in
Exxon signals second quarterly loss in a row on production, refining hits
Exxon Mobil Corp’s (XOM.N) oil and gas producing and refining businesses will report operating losses in the second quarter, it said in a regulatory filing
McDermott International exits bankruptcy through Lummus sale
U.S. engineering and construction services company McDermott International has completed its restructuring process by shedding nearly all of the company’s $4.6 billion of funded debt.
SBM Offshore completes US$600 million bridge loan for FPSO Sepetiba
July 1, 2020 SBM Offshore is pleased to announce the closure of a US$600 million bridge loan facility for the financing of the construction of
