Gabon News
-
Total SA plans to drill more than 60 wells this year as the third-biggest European oil company seeks to increase the size of its discoveries and expand output.
-
Acciona SA, the Spanish construction company that has built more than 70 desalination plants globally, won a 50 million-euro ($66 million) contract to design and build Gabon’s biggest drinking water-treatment plant.
-
Sub-Saharan African nations outside South Africa are selling $7 billion of debt this year, more than in the past five years combined, as yields more than double those of Treasuries lure investors repelled in the past by violence and corruption.
-
Trafigura Beheer BV bought a second cargo of North Sea Forties crude in as many days as the differential narrowed to the least in almost a week. Vitol Group sold Russian Urals grade at the smallest discount in more than eight months, in the Mediterranean.
-
Vivendi SA, the French company seeking to reorganize its telecommunications-to-media structure, is targeting a completion of the sale of its Maroc Telecom SA stake by October, according to people familiar with the matter.
-
Rwanda raised $400 million in its debut dollar bond at the lowest end of yield guidance given to investors, according to a person with knowledge of the deal.
-
Total SA, Europe’s third-biggest oil company, expects to meet its output targets as new multibillion dollar projects come online and reverse earlier declines.
-
Cobalt International Energy Inc., the oil explorer that doubled in value since going public in 2009, is turning into a takeover target for energy companies attracted to its oil finds from Africa to the Gulf of Mexico.
-
Rwanda will cap its debut dollar bond sale at $400 million, with final yield guidance given at 6.875 percent to 7 percent, according to a person with knowledge of the offering.
-
Olam International Ltd., the commodity trader targeted by short-seller Carson Block, said it will cut spending and sell assets to boost cash while warning it will miss a $1 billion profit target set for 2016.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page