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Bulgaria: BEH agrees 535 million euros loan funding
Bulgarian state energy company BEH has inked a 535 million euro ($602 million) bridge loan with three international banks which should be refunded by a global bond issue within a year, as stated by a senior BEH official on Monday.
read more... 26/04/2016
Russia: Yamal LNG places bonds valued at $2.3 billion as collateral for state funds
Russia's Yamal LNG project, which is run by second gas producer Novatek, declared on Friday it will place bonds estimated at $2.3 billion with the finance ministry on Monday as collateral for funds it has obtained from the government.
read more... 23/11/2015
Daily: Oil losses ground again before OPEC meeting
Crude oil prices declined almost by 3 percent for a second consecutive day on Thursday ahead of an OPEC decision to maintain the market oversupplied and on concerns that spiking European bond yields could tighten the speculative money and depress oil. The highly expected OPEC meeting on Friday isn't expected to lead to easing of a glut of global-crude supplies or take into account the prospect of growing output from Iran. OPEC is expected to hold output target of 30 million barrels per day, ignoring calls from some producers to cut supply and support prices.
read more... 05/06/2015
Daily: European spot power prices mixed on stronger wind output in Germany, colder weather in France
Brent crude prices declined 2 percent on Monday, dragged down by European Central Bank bond-buying, while U.S. crude boosted 1 percent on a smaller-than-expected increase in stockpiles at the main oil hub at Cushing, Oklahoma, driving to a narrowing gap between the two benchmarks. Brent decreased $1.20, or 2 percent, to settle at $58.53 a barrel, while U.S. crude rose by 39 cents, or 0.8 percent, to close at $50.
read more... 10/03/2015
Daily: Brent crude trades higher on uncertainty about Libya port restart
Brent crude oil increased in the oscillating trading ahead of the January futures contract expiration on Monday, gaining support from uncertainty if oil ports in eastern Libya will resume exports. Meanwhile, U.S. crude futures dropped on Friday on expectations the Federal Reserve could announce a withdrawal of its bond-buying program as early as next week.
read more... 16/12/2013