The article reports on the concerns raised by New York lenders about oil and natural gas leases on mortgage properties and are refusing to finance properties with those leases. According to Tompkins Trust Co. Vice President of residential mortgage lending Greg May, New York state law conflicts ...
Global law firm White & Case LLP has advised a syndicate of lenders led by Societe Generale, London Branch to subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC on a reserve-based lending facility of US$325 million for the acquisition of upstream oil and gas ...
Funding for further oil and gas extraction will grow to $10bn annually as the business shifts focus back to its original mission of extracting fossil fuels. New "major" oil and gas projects are to start by the end of 2027 with eight to ten more to begin by the end of 2030....
The article presents updates for syndicated loans involving Russian oil and gas companies. Tatneft's refinancing loan worth 2 billion U.S. dollars is comprised of a three, five and seven year pre-export financing, joint arranged by BNP Paribas, UniCredit and WestLB. Meanwhile, Gazprom Neft's ...
The US Export-Import Bank which had agreed around US $4.7 Bn to the project is conducting assessments on reactivating the funding, as are other lenders that comprise a total of about $15 Bn in debt.Africa Oil and Gas groupAfrica oil and gas: Breaking news and analysis from Africa...