Financials and Investment News in Gabon
| 8/9/2022 - BW Energy is pleased to announce the signing of an up to USD 300 million international Reserve Based Lending (RBL) facility. The funds will initially be used to finance the further development of the ... |
| 5/18/2022 - VAALCO Energy Inc. announced entry into a new credit agreement, effective May 16, 2022, for a new five-year Reserve Based Lending (“RBL”) facility with Glencore Energy UK Ltd. (“Glencore”) that includ... |
| 5/12/2022 - - Debt refinanced on favourable terms o Five-year bank loan for $255 million, including $67 million as a revolving credit facility o Six-year shareholder loan with $182 million available <... |
| 11/5/2021 - Maurel & Prom (the “Group”, “M&P”) and the Gabonese Republic have entered into a multi-pronged comprehensive agreement with a view to strengthening their cooperation. As part of this agree... |
| 2/10/2021 - Reference is made to the stock exchange release by Panoro Energy ASA on 9 February 2021 regarding a contemplated private placement (the “Private Placement”) of new shares in the Company with gross pro... |
| 1/20/2021 - BW Energy Limited has engaged DNB Markets, a part of DNB Bank ASA and Pareto Securities AS (the “Managers”), to assist the Company in a contemplated private placement (the “Private Placement”) of new ... |
| 3/10/2020 - Panoro Energy ASA provides a corporate update in the current low oil price environment: ... |
| 1/19/2017 - Pura Vida Energy has entered into a conditional term sheet with a rig contractor to fund the costs of a three well, back to back drilling program on the Nkembe block, which will include an appraisal o... |
| 4/15/2016 - The African nation of Gabon wants to rejoin OPEC after more than two decades, two OPEC sources said, becoming the second former member in a year to seek a return to the oil exporters' group just as it... |
| 8/25/2015 - A fresh U.S. trade pact could provide relief to African economies buffeted by the commodities slump but a failure to reform during the boom years has left many countries unable to profit from tariff-f... |
| 2/11/2015 - Trade unions in oil producer Gabon declared an indefinite general strike this week, with state workers seeking a huge pay rise just as the government prepares austerity measures. ... |
| 2/21/2014 - Gabon's government has told French oil major Total's local subsidiary to pay $805 million in taxes it owes for 2008 to 2010, in a case watched closely by potential new investors in the West African co... |
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8/9/2012 - African oil production in 2013 is forecast to average 2.35 mb/d, an increase of 10 tb/d over 2012. Oil supply from Chad, Congo, Egypt, Gabon and South Africa is expected to remain steady in 2013, with... |
| 5/14/2008 - Selling Price: The selling price of the Mandji and Rabi Light crude oil grades marketed by Total Gabon averaged $89.9 per barrel in the first quarter of 2008, up 68% from $53.6 a year earlier, in line... |
| 3/14/2008 - The Board of Directors of Total Gabon, chaired by Jean Privey, met on March 14, 2008 and approved the final accounts for the year ending December 31, 2007. Net income in 2007 increased 2.5% to $334.4 ... |
| 8/31/2007 - Net income in the first half of 2007 was down 2.8% to $184.1 million compared to first half of 2006, whereas the average selling price of Gabonese crude oil decreased by 3.5%. Sales:... |
| 3/20/2007 - Total Gabon approved the final accounts for the year ended December 31, 2006. Net income in 2006 was $326.4 million, compared to $316.8 million in 2005. The oil production of the fields ope... |
| 7/20/2006 - Addax Petroleum Corporation has agreed to acquire two subsidiaries of Pan-Ocean Energy Corporation Limited for C$1.605 billion in cash and will assume net debt estimated to be C$30 million. The subsid... |
| 6/14/2005 - VAALCO Energy's (Amex: EGY) subsidiary VAALCO Gabon (Etame), Inc. has signed loan documents for a new $30 million revolving credit facility from the International Finance Corporation (the "IFC"), the ... |
