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US energy chief tells industry he sees oil deal within days

Bloomberg Energy secretary Dan Brouillette told oil industry representatives that he expected a Saudi-Russia deal on crude production cuts within days. Brouillette’s comments came during a conference call with a broad swath of oil industry representatives, after President Donald Trump met with top executives from Exxon Mobil Corp, Chevron Corp, Phillips 66 and other companies. The discussion was described by ...

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Virus curbs affect oil, mine workers in Australia

Bloomberg Some of the biggest mining and energy companies are scrambling to respond to tightening controls on movement inside Australia — the biggest exporter of iron ore and liquefied natural gas — by temporarily rehousing employees and their families thousands of miles from home. About 800 so-called fly-in fly-out (FIFO) mining workers have been relocated to Western Australia for potentially ...

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TC Energy sells more debt as credit market thaws

Bloomberg TC Energy Corp sold US dollar-denominated bonds just as the company’s new loonie notes rally in their trading debut. The pipeline operator’s C$2 billion ($1.4 billion) 3.8% debt due 2027 is quoted at a spread of about 300 basis points over Canadian government bonds after pricing on April 1 at 325 basis points, according to Bloomberg Valuation bid prices. ...

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