Search results for: swap

2008 results

A list of search results

  • 24 January 2013
    Business & Finance, Operations & Maintenance

    Antrim announced that its wholly-owned UK subsidiary Antrim Resources (N.I.) Limited (“ARNIL”) has entered into a US$ 30 million Payment Swap transaction with Credit Suisse AG (“CSAG”) and a Brent oil price Commodity Swap transaction with Credit Suisse International (“CSI”). US$ 30 Million Payment Swap ARNIL has entered into a US$ 30 million Payment Swap […]

  • 2 October 2017

    The Panama Canal Authority (ACP) plans to allow swapping and substitution of booking slots between container vessels of members of an alliance, the ACP said in its Advisory to Shipping.  Starting from December 1, 2017, swapping and substitution will be allowed on a temporary basis under the following conditions: Both vessels must be of the […]

  • 9 May 2011
    Business & Finance

      The arbitral panel has on Friday issued a consent order permitting BP and the Alfa-Access-Renova (AAR) consortium to assign the Arctic opportunity to TNK-BP, subject to Rosneft consent. The order also permits the proposed share swap between BP and Rosneft to proceed subject to Rosneft having consented to assign the Arctic opportunity to TNK-BP. […]

  • 11 September 2012

    Intercontinental Exchange, a leading operator of global regulated futures exchanges, clearing houses and over-the-counter markets, announced that ICE Clear Europe cleared its first Liquefied Natural Gas (LNG) Cleared Swap on the Platts Japan Korea Marker (JKM). The first cleared JKM LNG transaction of 20 lots represented 200,000 Million British Thermal Units and was submitted to […]

  • 12 September 2017

    State-run gas company GAIL (India) Ltd has reportedly swapped 60 percent of its previously contracted U.S. LNG supplies as it is trying to reduce costs for price-sensitive Indian customers. The Indian company has a contract with Cheniere to buy 3.5 million mt per annum of LNG for 20 years from Sabine Pass and has also booked […]

  • 17 June 2014

    Kogas resorted to swapping a combined 120,000 tonnes from two LNG cargoes with Taiwanese CPC Corp, due to expected oversupply in the off-season. This deal sees CPC receive two cargoes initially destined to KOGAS from Malaysia’s Petronas LNG. Kogas will later receive the two swapped cargoes during the winter season, reports Reuters. According to traders in […]

  • 3 September 2012

      Platts physical energy price assessments for liquefied natural gas (LNG) and petroleum products have been selected as the basis for nine new cleared over-the-counter (OTC) swaps contracts launched last week by the IntercontinentalExchange (ICE), an operator of OTC markets and futures exchanges. Last week’s contract launch by ICE, which includes a Japan Korea Marker […]

  • 14 April 2011
    Business & Finance

      BP announced today that it has agreed with Rosneft to extend the deadline for completing the share swap agreement (previously announced on 14 January) to 16 May 2011. The agreement between the two companies followed the 8 April decision of the arbitral tribunal to allow them to discuss extension of the deadline. This means […]

  • 1 June 2012

    IntercontinentalExchange (ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced it will launch a new liquefied natural gas (LNG) cleared swap contract based on the Platts daily assessment for the Japan/Korea Marker (JKM). The Platts JKM, introduced in 2009, reflects the daily open-market value of spot LNG […]

  • 17 July 2012

    The world’s first cleared LNG swap traded on 16 July. The contract settles on the ICIS East Asia Index (EAX) for physical LNG. The deal was brokered by Tradition over the CME Direct trading platform and has been cleared by CME Europe. The deal was done for September at $13.90/MMBtu. From 16 July the NYMEX […]

  • 3 January 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Dutch tidal energy developer Tocardo International will not become a fully-owned subsidiary of Canadian company Tribute Resources as the parties fail to reach final share swap agreement.

  • 7 September 2015

    Russia’s gas giant Gazprom and OMV of Austria signed a deal on Friday in Vladivostok on terms and conditions of a possible asset swap. Subject to the swap deal, OMV will acquire a 24.98 per cent stake in the project for developing Blocks 4A and 5A of the Achimov deposits at the Urengoy oil, gas […]

  • 3 January 2018
    Business & Finance, Equipment

    Canadian energy company Tribute Resources and a Dutch-based tidal energy solutions provider Tocardo have been unable to reach agreement on the final definitive agreements required to facilitate the earlier announced share swap. The proposal was for the share exchange of Tribute shares (Tribute currently owns 46.5% of Tocardo) for the remaining 53.5% of the issued and outstanding […]

  • 2 October 2015

    Russian gas giant Gazprom, and Germany’s largest oil and gas producer Wintershall said they completed the previously announced asset swap. As a result of the deal, Gazprom increased its share in European gas trading and storage companies WINGAS, WIEH and WIEE to 100 percent as well as received a 50 percent stake in WINZ involved […]

  • 21 February 2011

      20th Scuba Swap, confirmed for April 15 and 16 this year – the volunteers are getting ready to make this Swap yet a better experience for the entire Ontario diving community – and beyond. First participants have already secured their spots, and OUE is working with other members of the community on providing more […]

  • 26 January 2015
    Business & Finance, Exploration & Production

    In the past couple of days, several internet sources have suggested that George Economou, Greek shipowner and CEO of Dryships and Ocean Rig UDW, is in talks with Samsung to swap a drillship order for a batch of tankers. Amid falling oil prices and oversupply in the offshore drilling rigs market, offshore drilling contractors are facing […]

  • 2 June 2016
    Business & Finance

    Bondholders of cash-strapped Hyundai Merchant Marine (HMM) have approved the company’s debt-for-equity swap deal, the company confirmed in a stock exchange filing. The company held meetings with its five bondholders over the past two days who hold KRW 804.3 billion in publicly traded bonds. Under its KRW 680 billion debt-for-equity swap deal, cleared last week […]

  • 2 July 2014

    Premier Oil has announced that first gas under the Domestic Swap Agreement (DSA) in Indonesia started on 1 July 2014. Premier will supply up to an additional 40 BBtud (gross) from its operated Natuna Sea Block A offshore Indonesia to the domestic market, via a swap arrangement. Under the arrangement, Premier will deliver additional volumes to Singapore from its […]

  • 4 September 2015

    Germany’s BASF, and it’s subsidiary Wintershall, and Russia’s Gazprom have agreed to complete the swap of assets with equivalent value signed in December 2013 and originally intended to be completed by the end of 2014. With the swap, BASF will further expand its production of oil and gas and will exit the gas trading and […]

  • 21 June 2016

    Russia’s state-controlled gas giant Gazprom could gain control over some of the assets that Shell acquired earlier this year from BG group, a senior Gazprom executive said in an interview.

  • 26 August 2014

    Kogas of South Korea has approached long-term LNG suppliers to defer up to 10 autumn cargoes for winter. Reuters reports industry sources saying that high stocks and weak demand urged Kogas to offload cargoes this summer through time-swap deals and by deferring deliveries from suppliers. Initially, only summer cargoes should have been deferred but now the […]

  • 30 November 2018

    State-run gas company GAIL (India) Ltd is reportedly proposing to swap three US liquefied natural gas (LNG) cargoes across the first quarter of next year. The Indian importer has 20-year deals to buy 5.8 million tonnes per annum of U.S. LNG in total, split between Dominion Cove Point and Cheniere Energy’s Sabine Pass facility. Under the […]