An Iranian container ship was damaged in an attack in the Mediterranean, the state-run shipping company said on Friday, adding it would take legal action to identify the perpetrators of what it called terrorism and naval piracy.
Commodities and energy pricing agency S&P Global Platts will defer changes to its core dated Brent oil benchmark after industry pressure, it said on Wednesday.
Egypt's petroleum ministry announced on Wednesday a series of agreements settling all claims between Egypt, Egyptian National Gas Holding Company (EGAS), Union Fenosa Gas and the Spanish Egyptian Gas Company (SEGAS), ensuring resumption of production at the Damietta LNG.
A Missile strike targeted a military base on outskirts of Yemen’s Marib city on Wednesday, two residents told Reuters, adding that sounds of ambulances could be heard rushing to the place.
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LONDON (Reuters) - Puma Energy will issue new stock worth $1.1 billion to help recapitalise the firm and make its top shareholder Trafigura an even bigger owner, while Angola will decrease its stake, the company said on Tuesday.
The rights issue is due to close mid-April. Angola holds the second largest stake at 31.7% in the firm via its state oil company Sonangol.
Trafigura spokeswoman declined to say how big a stake the company was aiming for.
Global commodities trader Trafigura raised its stake in Puma to 55% last year after it bought out most of Cochan Holdings’ stake in the firm. Cochan is owned by a former Angolan general and now holds 5%.