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India

Marianna Parraga

Exclusive: As Citgo profit rises, pressure to restore dividend grows - sources

05 Dec 2019

Citgo Petroleum Corp's directors are unlikely to bow to pressure this week to resume dividend payments, two sources close to the discussions said, as the refiner cannot yet help Venezuela's interim government ease creditors' claims against its parent PDVSA that also are threatening its assets.

EXCLUSIVE-As Citgo profit rises, pressure to restore dividend grows -sources

05 Dec 2019

Dec 4 Citgo Petroleum Corp's directors are unlikely to bow to pressure this week to resume dividend payments, two sources close to the discussions said, as the refiner cannot yet help Venezuela's interim government ease creditors' claims against its parent PDVSA that also are threatening its assets.

Oil companies swap stakes in Mexico as government holds off on auctions

05 Dec 2019

MEXICO CITY With Mexico's government insisting that energy companies increase oil and gas output before it auctions off more of the country's vast reserves or offers more partnerships with state-run Pemex, firms ranging from foreign majors to local players are scrambling to buy and sell blocks they already own.

RPT-EXCLUSIVE-Oil companies swap stakes in Mexico as government holds off on auctions

04 Dec 2019

MEXICO CITY, Dec 4 With Mexico's government insisting that energy companies increase oil and gas output before it auctions off more of the country's vast reserves or offers more partnerships with state-run Pemex, firms ranging from foreign majors to local players are scrambling to buy and sell blocks they already own.

Exclusive: Oil companies swap stakes in Mexico as government holds off on auctions

04 Dec 2019

MEXICO CITY With Mexico's government insisting that energy companies increase oil and gas output before it auctions off more of the country's vast reserves or offers more partnerships with state-run Pemex, firms ranging from foreign majors to local players are scrambling to buy and sell blocks they already own.

Big oil stuns Brazil in back-to-back auction flops

08 Nov 2019

RIO DE JANEIRO Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up offshore blocks and forcing officials to reconsider a bidding system that gives a privileged position to state-run Petroleo Brasileiro SA .

CORRECTED-UPDATE 3-Big oil stuns Brazil in back-to-back auction flops

08 Nov 2019

RIO DE JANEIRO, Nov 7 Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up offshore blocks and forcing officials to reconsider a bidding system that gives a privileged position to state-run Petroleo Brasileiro SA.

Big Oil eyes Brazil's next pre-salt round after sitting out TOR

07 Nov 2019

RIO DE JANEIRO, Nov 7 Brazil's government is hoping for redemption on Thursday, when its sixth pre-salt bidding round brings a new chance to lure major oil firms to the country's most promising offshore region.

Biggest Brazil oil auction disappoints as only Petrobras and Chinese firms bid

07 Nov 2019

RIO DE JANEIRO Brazil's biggest-ever oil auction frustrated expectations on Wednesday, as high prices and the dominant role of state-run oil company Petrobras scared off global oil majors.

Moment of truth arrives for huge Brazilian oil auction

06 Nov 2019

RIO DE JANEIRO, Nov 6 Executives from many of the world's biggest oil companies gathered in Rio de Janeiro on Wednesday to compete in Brazil's long-awaited transfer-of-rights (TOR) oil bidding round, the largest offer of crude and gas reserves in the nation's history.

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