China Shipping Development’s venture plans to order six LNG tankers worth about $1.2 billion by June, Bloomberg reported, citing the company’s chairman Li Shaode as saying. “We will expand LNG transportation business to make it become a new profit growth driver as soon as possible,” he said. “The deal means a 20-year shipping contract for [...]
Santos today announced it has secured US$1.2 billion in Export Credit Agency (ECA) supported corporate senior debt facilities. The new ECA facilities provide Santos with additional liquidity with flexible drawdown dates during the construction period of the GLNG project. Santos Chief Financial Officer Andrew Seaton said the ECA facilities were part of Santos’ funding strategy [...]
Plains All American Pipeline, L.P. announced that it has entered into a new $1.2 billion credit facility to provide additional liquidity. The facility closed on December 9, 2011 but has not been activated. Pursuant to its terms, PAA may activate the facility at any time over the next six months, resulting in a maturity 364 [...]
BG Group announced the issue of £750 million of sterling-denominated bonds (approximately $1.2 billion). The 25-year bonds are due 4 November 2036 and pay a coupon of 5%. The bonds, which have been issued by BG Energy Capital plc, a wholly owned subsidiary of BG Group plc, and are guaranteed by BG Energy Holdings Limited. [...]
![USA: Apache Quarterly Earnings Hit USD 1.2 Billion]()
Apache Corporation reported production of 749,000 barrels of oil equivalent (boe) per day and earnings of $1.2 billion, or $3.17 per diluted share, for the three-month period ending June 30, 2011. These compare with production of 647,000 boe per day and net income of $860 million, or $2.53 per diluted share, for the same period [...]
