Latest News for: Offshore refining

Edit

China Huarong rejects ratings downgrades, says bonds will be settled

Hong Kong Standard 03 May 2021
The comments are the most comprehensive by the state-run asset manager on its financial health since the delay of the company’s 2020 results at the end of March triggered a record selloff in its offshore bonds ... It needs to repay or refinance some US$3.7 billion of those notes through this year.
Edit

China Huarong Seeks to Reassure Investors That It Can Repay Debt

Caixin Online 03 May 2021
The comments are the most comprehensive by the state-run asset manager on its financial health since the delay of the company’s 2020 results at the end of March triggered a record selloff in its offshore bonds ... The firm is one of China’s biggest issuers of debt in the overseas market with some $22.9 billion of outstanding offshore bonds.
Edit

SHELL MIDSTREAM PARTNERS, L.P. 1st QUARTER 2021 UNAUDITED RESULTS

Tyler Morning Telegraph 30 Apr 2021
The Partnership’s assets include interests in entities that own (a) crude oil and refined products pipelines and terminals that serve as key infrastructure to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and deliver refined ...
Edit

Joseph Lau family invests in Kaisa Group senior notes

Hong Kong Standard 28 Apr 2021
... percent senior notes due 2025 to fund the tender offer and refinance other existing medium to long term offshore debt.
Edit

Lau family buys Kaisa bonds

Hong Kong Standard 28 Apr 2021
Of this amount, US$150 million will be acquired by the mainland developer. Kaisa is issuing US$500 million senior notes due 2025 to refinance the notes due 2024 and other existing medium- to long-term offshore debt that will become due within one year ... The Standard Channel ... .
Edit

China Huarong bonds drop on rating cut to junk status

Hong Kong Standard 27 Apr 2021
Huarong units repaid 960 million yuan of bonds and US$600 million of offshore debt maturing Tuesday, according to company statements ... The lack of transparency over government support for Huarong may hamper the company’s ability to refinance its debt in offshore markets, Fitch said.
Edit

Huarong Bonds Slump as Fitch Cut Overshadows April Repayments

Caixin Online 27 Apr 2021
bonds dropped after a three-level downgrade by Fitch Ratings overshadowed the embattled distressed-debt manager’s repayment of local and offshore notes due on Tuesday ... The lack of transparency over government support for Huarong may hamper the company’s ability to refinance its debt in offshore markets, Fitch said.
Edit

Fitch Ratings cuts China Huarong to lowest investment grade, outlook negative

Hong Kong Standard 27 Apr 2021
The lack of transparency may hamper Huarong’s ability to refinance its debt in offshore markets, Fitch said ... There is “increasing uncertainty over the company’s liquidity, particularly its offshore funding,” Fitch added.
Edit

Nordic Oil Firm Sells World First Certified Carbon Neutral Oil

Oil Price 26 Apr 2021
The oil, pumped at Lundin Energy’s Edvard Grieg field offshore Norway, was sold to Italian refiner Saras… .
Edit

India eyes Guyana for long-term crude oil deal

Petroleum World 26 Apr 2021
State refiners plan to buy 36% less oil from Saudi Arabia in May than normal, sources told Reuters, and the country is now attempting to swap out Saudi supply with new origins like Guyana ... Private Indian refiner HPCL-Mittal Energy Ltd (HPME.BO) purchased India's first-ever cargo ...
Edit

Exxon faces activist pressure as world governments agree to slash emissions further

The National 26 Apr 2021
The censure and push to overhaul the major’s board follow the US’ pledge to lower its emissions by 50 per cent by 2030 ... Read More ... While rivals such as BP have begun a pivot to cleaner energy, Exxon the has staked its future on large oil projects in the US shale patch, offshore oilfields in Guyana and Brazil and refining and petrochemicals ... .
Edit

India in talks with Guyana for long-term crude supply -minister

Metro USA 24 Apr 2021
State refiners plan to buy 36% less oil from Saudi Arabia in May than normal, sources told Reuters, and the country is now attempting to swap out Saudi supply with new origins like Guyana. Private Indian refiner HPCL-Mittal Energy Ltd purchased India’s first-ever cargo from ...
Edit

IndiaIndia in talks with Guyana for long-term crude supply -minister

Reuters 24 Apr 2021
State refiners plan to buy 36% less oil from Saudi Arabia in May than normal, sources told Reuters, and the country is now attempting to swap out Saudi supply with new origins like Guyana ... Private Indian refiner HPCL-Mittal Energy Ltd (HPME.BO) purchased India's first-ever ...
Edit

India in talks with Guyana for long-term crude supply

Live Mint 24 Apr 2021
State refiners plan to buy 36% less oil from Saudi Arabia in May than normal, sources told Reuters, and the country is now attempting to swap out Saudi supply with new origins like Guyana. Private Indian refiner HPCL-Mittal Energy Ltd purchased India's first-ever cargo from Guyana ...
Edit

Axens acquires Flowvision

Hydrocarbon Engineering 22 Apr 2021
Flowvision has a wide range of references within heat recovery steam generator (HRSG), biomass boilers, waste to energy, circulating fluidised bed boilers, gas turbines offshore, refining, heaters and steam reformers within petrochemical plants ... ....
×