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Dubai crude futures spreads hold steady despite rising demand

5 days ago DieselGasoil Comments Off on Dubai crude futures spreads hold steady despite rising demand
Singapore — Benchmark Dubai crude futures spreads held in a steady range Friday morning in Asia, even though the latest bids and deals emerging on the November trading cycle indicate firming demand for sour crude in the region. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The November Brent/Dubai Read More

Mexico’s Pemex offers to prepay chunk of $14.7 billion in bonds

5 days ago DieselGasoil Comments Off on Mexico’s Pemex offers to prepay chunk of $14.7 billion in bonds
Mexico’s Undersecretary of Finance and Public Credit Gabriel Yorio speaks during an interview with Reuters in Mexico City, Mexico September 11, 2019. REUTERS/Edgard Garrido MEXICO CITY (Reuters) – Mexico’s Pemex said on Thursday it had launched a tender offer to prepay around a third of $14.7 billion in bonds maturing between 2020-2023, in President Andres Read More

Murphy USA Inc. Announces Expiration and Results of Tender Offer for 6.000% Senior Notes Due 2023

7 days ago DieselGasoil Comments Off on Murphy USA Inc. Announces Expiration and Results of Tender Offer for 6.000% Senior Notes Due 2023
EL DORADO, Ark., Sept. 11, 2019 (GLOBE NEWSWIRE) — Murphy USA Inc. (NYSE: MUSA) (“MUSA”) announced today the expiration and results of the previously announced offer by its wholly owned subsidiary, Murphy Oil USA, Inc. (the “Issuer”), to purchase for cash (the “Tender Offer”) any and all of its outstanding 6.000% Senior Notes due 2023 Read More

Egypt expects first Israeli gas by year-end, oil minister says

7 days ago DieselGasoil Comments Off on Egypt expects first Israeli gas by year-end, oil minister says
By Salma El Wardany on 9/11/2019 ABU DHABI (Bloomberg) – Egypt expects to begin receiving natural gas from Israel by the end of 2019, the oil minister said, fulfilling a $15 billion deal that will position the North African country as an energy re-export hub on Europe’s doorstep. Egypt will initially receive about 200 million Read More

Saudi Arabia flags plan to enrich uranium as U.S. seeks nuclear pact

1 week ago DieselGasoil Comments Off on Saudi Arabia flags plan to enrich uranium as U.S. seeks nuclear pact
ABU DHABI (Reuters) – Saudi Arabia wants to enrich uranium for its nuclear power program, its energy minister said on Monday, potentially complicating talks with Washington on an atomic pact and the role of U.S. companies. Sultan Ahmed Al Jaber, UAE Minister of State and the Abu Dhabi National Oil Company (ADNOC) Group CEO, speaks Read More

Murphy USA Inc. Announces Pricing of Notes Offering

2 weeks ago DieselGasoil Comments Off on Murphy USA Inc. Announces Pricing of Notes Offering
EL DORADO, Ark., Sept. 04, 2019 (GLOBE NEWSWIRE) — Murphy USA Inc. (“Murphy USA”) (NYSE: MUSA) announced today that it has priced its previously announced offering of $500 million aggregate principal amount of senior notes due 2029 (the “Notes”) by its wholly owned subsidiary, Murphy Oil USA, Inc. (“Murphy Oil USA”). The Notes will be Read More

Murphy USA Inc. Announces Commencement of Tender Offer for 6.000% Senior Notes Due 2023

2 weeks ago DieselGasoil Comments Off on Murphy USA Inc. Announces Commencement of Tender Offer for 6.000% Senior Notes Due 2023
EL DORADO, Ark., Sept. 04, 2019 (GLOBE NEWSWIRE) — Murphy USA Inc. (NYSE: MUSA) (“MUSA”) announced today the commencement of a cash tender offer for any and all of the outstanding 6.000% Senior Notes due 2023 (CUSIP No. 626738AC2) (the “Notes”) by its wholly owned subsidiary, Murphy Oil USA, Inc. (the “Issuer”), on the terms Read More

Russia’s Oct ESPO Blend crude exports rise 30% on month

2 weeks ago DieselGasoil Comments Off on Russia’s Oct ESPO Blend crude exports rise 30% on month
Russia’s exports of medium sweet ESPO Blend crude oil are expected to total 3.12 million mt in October, up 30% from September, according to the latest monthly loading program. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now ESPO Blend’s October program runs from September 30 to November 1 and Read More

Interim Results for the Period Ended June 30, 2019

3 weeks ago DieselGasoil Comments Off on Interim Results for the Period Ended June 30, 2019
Highlights Exclusive of its interest in FLNG Hilli Episeyo, Golar LNG Partners LP (“Golar Partners” or “the Partnership”) generated operating income of $36.2 million for the second quarter of 2019. After accounting for $26.5 million of interest rate swap losses, the Partnership reported a net loss attributable to unit holders of $5.5 million for the Read More