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GE Oil & Gas, GPIC sign pact on Bahrain plant

  BAHRAIN / EMIRATE BUSINESS GE Oil & Gas (NYSE: GE) has signed a long-term multi-outage agreement with Gulf Petrochemical Industries Company (GPIC), to drive the operational excellence of GPIC’s plant in Bahrain. The partnership will strengthen the competency of GPIC to supply products including ammonia and methanol that drive the growth of downstream industries and contribute to Bahrain’s national ...

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Billionaire bets on old-school energy in $3bn Conoco deal

  Bloomberg With a $3 billion purchase from ConocoPhillips, billionaire oilman Jeffrey Hildebrand is once again trying to succeed in a corner of the oil and gas world others are leaving behind. Hildebrand’s Hilcorp Energy Co. agreed to buy the fields in the San Juan Basin, taking on holdings in the southwestern US that Conoco sees as less appealing given ...

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China’s $1.4trn debt wall forcing issuance rise

  Bloomberg China’s bond issuers, faced with 9.7 trillion yuan ($1.4 trillion) of maturing debt this year, are stepping on the gas. Companies and governments sold 1.3 trillion yuan of onshore notes in March, about as much as in the first two months of the year combined, according to data compiled by Bloomberg that excludes certificates of deposit. Fitch Ratings ...

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