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Oil & Gas Refining and Marketing

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Petronas gas appoints Anuar Bin Taib has as Chairman

Friday, 9 Dec 2016 04:26am EST

Petronas Gas Bhd :Petronas gas bhd- says anuar bin taib has been appointed as the chairman.

Cenovus says targeting C$1.3 billion for 2017 capital budget

Thursday, 8 Dec 2016 11:56am EST

Cenovus Energy Inc :Says targeting C$1.3 billion for its 2017 capital budget.

Handsome unit Hyundai G&F to buy fashion business from SK Networks for 226.1 bln won

Thursday, 8 Dec 2016 03:26am EST

Handsome Corp <020000.KS> : Says its unit Hyundai G&F Co., Ltd will buy fashion business from SKNetworks Company Limited, to improve competitiveness and create synergy .Says transaction amount is 226.1 billion won.

Sasol enters into oil put options

Thursday, 8 Dec 2016 02:29am EST

Sasol Ltd : Has entered into oil put options, for Q2 of financial year ending June 30, 2017 (October 2016 to December 2016) . Has also entered into put options for Q3, part of Q4 FY 2017 to provide co average brent crude oil price floor of us$47,06/barrel for about 16,8 million barrels . Have entered into hedges against downside risk in crude oil price to increase stability and predictability of our cash flows . Oil put options provide company with an average brent crude oil price floor of us$48,68 per barrel (net of costs) for approximately 7,6 million barrels .Currently reviewing other commodity and currency hedges and should we enter into material hedges, an appropriate announcement will be made.

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