Brazil’s state-owned energy company sends out teasers to potential buyers of a controlling stake in its service station subsidiary
Tag: oil and gas
Posted inDaily Brief
Ecopetrol targets exploration in new business plan
Colombian oil company bases investment plans on steadier oil prices
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Pemex moves ahead with new revolver
Bookrunners will meet banks next week to syndicate the three-year facility for Mexico’s state-owned energy firm
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Investors mixed on PDVSA swap
Venezuelan oil company’s proposed bond swap gets lukewarm response from fixed income investors
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Pemex picks banks for new revolver
Underwriters will syndicate the $1.25bn loan for Mexico’s state-owned energy company, sources say
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Petrobras widens ties with Statoil
Brazilian and Norwegian state-owned energy companies will present joint bids in future tenders and consider natural gas investments
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Court approves Pacific E&P restructuring
Ontario court greenlights agreement between the oil and gas company and Canadian private equity fund
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PDVSA talks bond swap
Venezuela’s state-owned oil company looks to extend maturities on existing debt, but investors are wary of government default
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Pacific E&P details counteroffer
An alternative restructuring deal from minority shareholders involves $575m in DIP financing and money to break the existing agreement with Catalyst
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Pacific E&P bondholders back Catalyst offer
More than 98% of the oil and gas company’s creditors have voted in favor of the Canadian private equity firm’s restructuring plan