Bank

Results 11 - 20 of about 349 news for the tag: Bank.

Pacific Rubiales and Ecopetrol Award Construction Contract for Rubiales Oil Pipeline

September 2nd, 2008

Pacific Rubiales Energy Corp. announced that it has awarded, in conjunction with Ecopetrol S.A. (Ecopetrol), the construction of the Oleoducto de los Llanos Orientales Pipeline to the Consorcio Rubiales-Monterrey, a joint venture between Spiecapag and Ismocol (collectively, the Contractor).
This project will provide the company with a substantial reduction of transportation costs for Rubiales Crude to [...]

Appointment of underwriters and mandated lead arrangers for Continental’s Xietongmen Project debt

August 25th, 2008

Continental Minerals Corporation announces the engagement of Standard Bank Plc, the principal international investment banking subsidiary of the Standard Bank Group Limited, jointly with the Industrial and Commercial Bank of China as Underwriters and Mandated Lead Arrangers for the project finance debt facility for the development of the Xietongmen Project.
Standard Bank is a leading global [...]

Ur-Energy Maintains Lost Creek Production Schedule While Exploring for New Discoveries

August 19th, 2008

Ur-Energy Inc. announce today that its permitting and engineering work at Lost Creek continues to progress on schedule and a vigorous drilling program has been underway since May.
Bill Boberg, President & CEO stated, “The first half of 2008 has been significant for Ur-Energy. We are now listed on the American Stock Exchange (”AMEX”) under the [...]

Gulf Onshore, Inc. Announces New Management and Formation of Pennsylvania Operating Company to Commence Operations in the Marcellus Shale

August 11th, 2008

Gulf Onshore, Inc. announced that its Board of Directors has appointed R.Wayne Duke, Earl Moore and Mark Smith as directors. The board also appointed Mr. Moore as Chief Executive Officer and Mr. Smith as Chief Financial Officer. Dean Elliot has resigned as an officer and director for personal reasons. The Company has also formed a [...]

Severstal Extends Tender Offer for Shares of Esmark Incorporated

July 20th, 2008

OAO Severstal, one of the world’s leading metals and mining companies, announced that it has extended the expiration date for its tender offer to purchase all outstanding shares of Esmark Incorporated (Nasdaq: ESMK; “Esmark”), at an offer price of $19.25 per share, to 10:00 a.m., Eastern Daylight Time, on Monday, August 4, 2008.
The tender offer [...]

Southern Star Energy Inc closed financing of $25 million

July 18th, 2008

a fast-growing E&P company with reserves and production from leases located in northern Louisiana, Southern Star Energy Inc, published a report saying that it closed on a $25 million Senior First Lien Secured Revolving Credit Agreement (Revolver) with Macquarie Bank Limited. Proceeds from this facility will be used to fund the development of Southern Star’s [...]

Homeland Energy Group’s Kendal Mine Produces First Coal

July 16th, 2008

Homeland Energy Group Ltd. is pleased to announce first coal production from its Kendal Mine in the Witbank area of South Africa, approximately 50km east of Johannesburg. To date, approximately 8,000 tonnes of coal has been mined from the first of three open pit areas. Processing of the coal through the Company’s Parnaby wash plant [...]

Cleveland-Cliffs and Alpha Natural Resources to Merge, Creating Cliffs Natural Resources, a Leading Diversified Mining and Natural Resources Company

July 16th, 2008

Cleveland-Cliffs Inc and Alpha Natural Resources, Inc. announced that each company’s Board of Directors has approved a definitive merger agreement under which Cleveland-Cliffs will acquire all outstanding shares of Alpha in a cash and stock transaction valued at approximately $10 billion.
Under the terms of the agreement, for each share of Alpha common stock, Alpha [...]

What are the Energy Deals of the Day?

July 16th, 2008

The answer to the title question is that the best deal in the sector of energy today is the one which is undone. However it does nor necessarily mean that the Transocean shereholders has nothing to proud of. The company has just scored fresh contract of four from Petrobras. Generally every single contract of Offshore [...]

Khan Resources Extends Bid for Western Prospector; Advised That Shareholder Rights Plan Has Been Waived

July 11th, 2008

Khan Resources Inc. announced that Western Prospector Group Ltd. has advised that it has irrevocably waived the application of its shareholder rights plan to Khan’s offer to acquire the outstanding shares of Western Prospector (the “Offer”), as it may be amended or varied, in order to allow Khan to take up shares of Western Prospector [...]