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Kuwait Energy plans high-yield note issue

Middle Eastern oil and gas independent Kuwait Energy plans to use the proceeds of a proposed high-yield note issue to refinance draws on its reserves-based facilities and fund future developments

US DoE tweaks rules for loan guarantee programme

The US Department of Energy (DoE) has added a credit-based interest spread to certain loans fully backed by its 1703 loan guarantee programme and funded by the US Federal Financing Bank

Bond issue imminent on Net4Gas refinancing

Allianz and Borealis Infrastructure will imminently launch more than €400 million in bonds as part of a €1.25 billion ($1.7 billion) refinancing of their 2013 Net4Gas acquisition

KKR and Riverstone to merge assets

KKR and Riverstone Holdings have agreed to merge their affiliates’ assets to create a new oil and gas company, Trinity River Energy

Macquarie launches convertible issue for IMTT acquisition

Macquarie Infrastructure Company (MIC) has launched a $250 million convertible bond issue in support of its bid to take full control of the International-Matex Tank Terminals (IMTT) business

Vietnam's Long Son refinery seeks lenders counsel

The consortium developing Vietnam’s $4.5 billion Long Son refinery has issued a request for proposals (RFP) for law firms to act as lenders’ counsel on the projec

InterOil sells downstream assets to Puma

InterOil has completed the sale of its oil refinery and petroleum products distribution business in Papua New Guinea to Puma Energy group for $526 million

IFC considers Port Qasim LNG equity stake

The International Finance Corporation (IFC) is considering buying a 20% equity stake in Paksitan's Port Qasim LNG project

Genting closes bridge loan for CDX fields

Genting has closed a $150 million bridge loan with three banks to finance its acquisition of a 57% stake in the CDX oil & gas fields in China

Otto Energy pays down Galoc reserves-based loan

Australian oil and gas independent Otto Energy has paid down and retired the $35.9 million reserves-based loan on its Galoc field offshore the Philippines

GDF to conduct Indonesian LNG feasibility study

GDF Suez has agreed to undertake a feasibility study for an on-shore LNG terminal in northern Java, Indonesia, with state-owned gas distributor Perusahaan Gas Negara (PGN)

Cheniere signs two SPAs for Corpus Christi

Cheniere Energy has signed long-term sale and purchase agreements (SPA) with Woodside Energy and Pertamina for its Corpus Christi natural gas liquefaction project in Texas

BG looks to Leviathan to feed Egypt LNG

The sponsors of the Leviathan gas field offshore Israel have signed a letter of intent for a gas supply agreement with BG Group

ADB and IFC to fund Port Qasim's LNG

Pakistani conglomerate Engro has mandated the Asian Development Bank (ADB) and the International Finance Corporation (IFC) to supply roughly $31.5 million in debt for its $150 million LNG Terminal at Port Qasim, Pakistan, IJGlobal understands

Government approval for Catcher oil project in the North Sea

Premier Oil has received government approval for the development of the $2.25 billion Catcher project in the North Sea which will see the production of 96 million barrels of oil and the drilling of 22 subsea wells