Saudi Aramco Desperate for Loans

• Tuesday, 8th September 2015
• by Egypt Oil & Gas

Informed sources, on condition of anonymity, told Reuters that Saudi Aramco is talking to banks about raising a $5b loan to help out a refinery it built in collaboration with China's Sinopec.

Omani Oil Service Firm to Repurchase Own Bonds

• Wednesday, 8th July 2015
• by Egypt Oil & Gas

Renaissance Services shareholders have approved plans for the company to buy back mandatory convertible bonds issued in 2012 and issue perpetual bonds,

Low Oil Prices Prompt Iraqi Bond Issues

• Wednesday, 24th June 2015
• by Egypt Oil & Gas

Iraq hopes to meet investors by the end of July to present plans for a $5 billion bond issue

Oman Electricity Co. Poised to Issue Dollar Bonds

• Wednesday, 22nd April 2015
• by Egypt Oil & Gas

The issue could be around $1 billion, rating agency Standard and Poor's said.

Oil Prices Force Qatar to Borrow for World Cup Plans

• Monday, 20th April 2015
• by Egypt Oil & Gas

Qatari banks plan to borrow more than $6 billion to finance a construction boom ahead of the 2022 soccer World Cup amid slumping oil prices.

Genel Issuing Bonds to Keep Kurdish Projects Afloat

• Sunday, 29th March 2015
• by Egypt Oil & Gas

Genel Energy has priced an issue of $230 million in senior unsecured bonds due 14 May 2019 on the same commercial terms as the existing GENEL01 PRO $500 million bond

Oil Prices Driving US Shale Bankruptcies and Junk Bond Growth

• Sunday, 22nd March 2015
• by Egypt Oil & Gas

The rise in junk bonds and bankruptcies are the latest sign of stress in the petroleum sector