Ithaca Energy Completes RBL Redetermination
Ithaca Energy Inc. announced having successfully completed its planned semi-annual reserves based lending (“RBL”) facilities review and continues to maintain in excess of $100 million of funding headroom ahead of planned first hydrocarbons…
Statoil Signs Multicurrency Revolving Credit Facility
Statoil ASA guaranteed by Statoil Petroleum AS, successfully signed a USD 5.0 billion Multicurrency Revolving Credit Facility. The Facility, which was co-ordinated by Barclays Bank PLC, Deutsche Bank AG and DNB Bank ASA, received…
Ithaca Energy: Extended Bank Debt Facilities
Ithaca Energy Inc. announces that it has executed extended and simplified bank debt financing facilities totaling $650 million, providing the Company with significant funding headroom ahead of first hydrocarbons from the Greater Stella Area in the second quarter of 2016.
Dorian LPG Lands Debt Financing for Newbuilding Program
Dorian LPG Ltd. a leading owner and operator of modern Very Large Gas Carriers ("VLGCs"), today announced that is has received commitments for up to $761 million of debt financing for its VLGC newbuilding program. ABN AMRO Capital (USA)…
Strong Interest in Keppel DC REIT IPO
Keppel DC REIT Management Pte. Ltd., a wholly-owned subsidiary of Keppel Telecommunications & Transportation Ltd has received overwhelming demand from institutional and retail investors for its initial public offering of 261,138,000 Units.
Williams Co Vying for QEP's Gas Pipeline Unit
Williams Companies Inc is said to be one of the bidders for QEP Resources Inc's natural gas pipeline unit, Bloomberg reported, citing people familiar with the matter. QEP is likely to select a buyer within weeks for Entrada Midstream Inc…
Chevron To Find Buyers for Hawaiian Refinery
Chevron Corp has hired an investment bank to identify potential buyers of its 54,000 barrel-a-day refinery in Kapolei on the Hawaiian island of Oahu, a company official said. Deutsche Bank AG was retained to sell the plant, according to another person familiar with the sale…
Oil Refiner Bound to Goldman, Deutsche Fee Agreements - NY Judge
CVR Energy Inc is bound by agreements to pay Goldman Sachs Group Inc and Deutsche Bank AG more than $36 million in fees and expenses stemming from billionaire investor Carl Icahn's 2012 tender offer for the oil refiner, a New York state judge has ruled.
EURONAV to Buy 4 Japanese-built VLCCs
EURONAV has entered into an agreement for the purchase of four modern Japanese built VLCC vessels for an aggregate purchase price of $342 million. The vessels are on average three years old. This acquisition fits into the company’s…
Banks Won't Fund Coal Port Expansion near Reef
Germany's largest bank, Deutsche Bank AG, has declared it will not finance a controversial coal port expansion in Australia near the Great Barrier Reef, responding to calls from environmental groups and tourism operators. HSBC, Europe's biggest bank…
