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Exxon Mobil Raises $9.5 Billion to Load Up on Cash While Debt Market Still Open

2020-04-14 19:05:00| OGI

Exxon Mobil raised $9.5 billion by selling five different bonds with a variety of durations ranging from five years to 31 years, up from $9 billion which it had originally planned to raise.

Tags: still open market cash

 

Baker Hughes Taking $1.5 Billion Charge on Drop in Oil Services

2020-04-14 11:10:00| OGI

Baker Hughes said falling customer demand had led it to reduce its view of the long-term prospects for its oilfield services and equipment unit, resulting in a $15 billion goodwill impairment charge.

Tags: services taking charge oil

 
 

Virus could push half a billion people into poverty

2020-04-09 05:28:56| BBC News | Business | UK Edition

UN research warns the coronavirus pandemic could put a further 8% of world's population in poverty.

Tags: into people half virus

 

ASF outbreak in U.S. could cost industry $50 billion over 10 years

2020-04-03 14:44:00| National Hog Farmer

Iowa State University economists study two scenarios indicating the economic impact of African swine fever in the United States.

Tags: over years cost industry

 

Equinor Raises $5 Billion Through Debt Offerings

2020-04-02 23:00:00| OGI

Equinor is in a strong position to handle market volatility and uncertainty, CFO Lars Christian Bacher said in a statement on April 1.

Tags: debt billion offerings raises

 

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