By Reuters Staff
1 Min Read
BAGHDAD, Feb 24 (Reuters) - Iraq’s oil exports from its southern ports are stable at 2.7 million barrels per day (bpd) so far in February, Basra Oil Company chief Khalid Hamza said in a statement.
Iraq affirms its full commitment to the OPEC+ oil cut deal, a statement cited Hamza as saying on Wednesday. (Reporting by Ahmed Rasheed Editing by Shri Navaratnam)
The total value of global carbon markets jumped 20% last year to a record 229 billion euros ($277 billion) on the expected tightening of emissions caps, research by Refinitiv showed on Wednesday.
By Reuters Staff
1 Min Read
Feb 18 (Reuters) - Private equity firm Waterous Energy Fund on Thursday raised its all-cash offer for a bigger stake of Canada’s Osum Oil Sands to C$3 per share, months after a previous offer was rejected.
Waterous said it now plans to buy 57 million shares of the oil and gas firm, higher than the 50 million it had offered to buy earlier at C$2.40 per share. (Reporting by Rithika Krishna in Bengaluru; Editing by Maju Samuel)
Oil trader GP Global APAC Pte Ltd has applied to the Singapore High Court for a six-month debt moratorium as its parent company seeks to restructure more than $1 billion dollars in debt, according to a company director, lawyers and a court document.