A new loan program with the IMF will help improve financing conditions for the sector
Category: Oil
Posted inDaily Brief
S&P cuts Petroperú to junk
Ratings agency says the Peruvian state oil refiner’s failure to have its 2021 accounts audited could lead to breach of bond covenants
Posted inDaily Brief
EIG bids for Petrobras pipelines
US energy investor makes a binding offer for the state-owned oil company’s stakes in TBG and TSB
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Pampa Energía looks ahead to refinancing international bond
Argentine energy company will wait for market conditions to improve before it rolls over its 7.375% 2023 notes, CFO says
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Petrobras says no to price controls
Brazilian state-owned oil company raises prices as oil surges and puts focus on reducing debt and trying to sell more refineries
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Phoenix picks up more financing
Argentina-focused oil company borrows $30 mln from commodities trader Mercuria
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Petrobras feels pressure of higher prices
Bolsonaro administration considers subsidies or a stabilization fund to keep fuel prices steady
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Fitch downgrades Petroperú, puts on negative watch
Rating agency cuts Peru’s state-owned oil company to BBB- on a lack of transparency and weak governance
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Fitch sees shifting challenges for LatAm corporate issuers
Rating agency says the pace of economic recovery varies across the region as commodity prices, inflation and interest rates are all on the rise
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Canacol to drill for gas in Bolivia
Canadian oil and gas company signs a contract with state-owned YPFB to drill seven natural gas wells in Santa Cruz