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Conflict likely in Russia-Ukraine standoff

04/23/2014 Conflict is increasingly likely between Russia and Ukraine, with potentially significant implications for oil and gas markets, including higher and more volatile prices, said a report released rece...

PTTEP acquires Hess subsidiaries in Thailand

04/23/2014 PTTEP Offshore Investment Co. Ltd. and PTTEP International Ltd. have signed share purchase agreements to acquire 100% equity stakes of the subsidiaries of Hess Corp. in Thailand, namely Hess Thaila...

BP sells interests in Alaska North Slope assets

04/23/2014

BP has agreed to sell interests in four BP-operated oil fields on the North Slope of Alaska to Hilcorp.

Magnum Hunter sells remaining Canadian assets

04/23/2014 Magnum Hunter Resources Corp. has executed a definitive agreement with a Canadian private company to sell 100% of its ownership interest in the company's Canadian subsidiary, whose assets consist o...

Technip agrees to sell its majority share in Seamec

04/23/2014 Technip has entered into binding agreement for the divestment of a majority stake of at least 51% up to 75% in Seamec Ltd. to HAL Offshore Ltd., India, at a consideration of Rs 97 per share (transl...

More Oil & Gas Financial Articles

New Source Energy Partners offers common units

Wed, Apr 23, 2014

New Source Energy Partners LP has announced a registered underwritten public offering of 2,800,000 common units representing limited partner interests.

Luquette elected to McDermott’s board of directors

Wed, Apr 23, 2014

McDermott International Inc. has elected Gary P. Luquette non-executive chairman of McDermott’s board of directors, effective May 6.

Lucas Energy completes $2M equity offering

Wed, Apr 23, 2014

Lucas Energy Inc. has completed the sale of equity securities to funds managed by Ironman Energy Master Fund and John B. Helmers (associated with Long Focus Capital Management).

Post Oak leads $100M commitment to Crown V

Wed, Apr 23, 2014

Post Oak Energy Capital LP, through investment partnerships it manages, is leading a $100 million equity commitment to Crown Oil Partners V LP (Crown V).

MVC Capital invests in Inland Environmental & Remediation

Wed, Apr 23, 2014

MVC Capital Inc. is investing $15 million in Inland Environmental & Remediation LP. MVC will provide a $15 million senior secured note to Inland in order to fund the development of new facilities throughout the US oil and gas shale formations.

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