Petroleo Brasileiro SA Petrobras (ADR)(NYSE:PBR) reported that it would lift prices for liquefied petroleum gas (LPG) and cooking gas to suppliers after Hurricane Harvey shattered U.S. Gulf-area ports and refineries. The firm reported that it would increase commercial and industrial LPG prices by 2.5% while cooking gas prices will...
Petroleo Brasileiro SA Petrobras (ADR)(NYSE:PBR) refinanced trade finance loans worth $1.32 billion with two large banks, as part of a plan to smooth out impending amortizations through the close of the decade. The details In a recent securities filing, Petroleo reported that it contracted a $321 million trade financing contract with...
Petroleo Brasileiro SA Petrobras (ADR)(NYSE:PBR) reported that it will add $2 billion of capital into its Brazilian fuel distribution unit, so as to clean up its balance sheet and attract investors to an Initial Public Offering of the company’s Distribuidora segment that has been delayed since 2015. The updates Petróleo...
Kerr Mines Inc. (OTCMKTS:KERMF) has begun the underground exploration and development drilling process for the 2017 Copperstone Mine pre-feasibility assessment and exploration program. Around 4,600 meters of drilling is planned for the first phase with the objective of enhancing the confidence levels and ounces of the current resource in...
In the last trading session, the shares price of Sirius XM Holdings Inc. (NASDAQ:SIRI) declined more than 1% to close the week at $5.48. The decline came at a share volume of around 20.80 million compared to average share volume of 16.62 million. In the Q2 2017, Sirius recorded net...
Sprint Corp (NYSE:S), SoftBank and TBCASoft has succeeded in showcasing a cross-carrier payment platform system that utilizes TBCASoft’s unique blockchain technology. Earlier in 2017, the three firms agreed to intend to cooperate in jointly advancing blockchain technology for telecom carriers, and started a technical trial that links TBCASoft’s innovative...
Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) reported that the company’s total natural gas and oil output in July came at 2.74 million boed, of which 114,000 boed produced abroad and 2.63 million boed in Brazil. The average oil output in the nation came at 2.12 million bpd, 3% less than...
AK Steel Holding Corporation (NYSE:AKS) reported that it will make changes in spot market base prices on upside for all carbon flat-rolled steel offerings by at least $30 per ton. The prices will become effective immediately and will be applicable on new orders. The details During the Q2 2017 earning conference...
Transocean LTD (NYSE:RIG) reported that Jeremy Thigpen, the CEO and President, will participate in the Barclays CEO Energy-Power Conference on September 7, 2017. A live webcast of this presentation will be accessible in listen-only mode and can be retrieved under the Investor Relations segment at www.deepwater.com. Also, an archived...
Southwestern Energy Company (NYSE:SWN) reported that it is starting, depending on market conditions, a public offering of $1.15 billion total principal amount of senior notes, comprising of a series of the "2026 Notes" and a series of the "2027 Notes" and, together with the "Notes". The details Southwestern Energy plans to...