RBC taps ex-Credit Suisse banker Perry for oil, gas dealmaking
Royal Bank of Canada hired Credit Suisse banker Tim Perry, people with knowledge of the matter said.
Credit Suisse
PNG offers Santos $1.4bn for 5% share of ExxonMobil-led PNG LNG
Santos (ASX:STO) has confirmed that it has received a US$1.4 billion offer from Papua New Guinea’s (PNG’s) national oil company Kumul Petroleum to acquire a 5% interest in the ExxonMobil-operated PNG LNG export complex from the Australian company. Crucially, the deal, if it goes through, will help Santos’ strategic about face towards oil in Alaska.
Credit Suisse settles up on Mozambique fraud
Credit Suisse and VTB have reached agreements with UK and US authorities to settle issues arising from arranging financing for Mozambique.
Myanmar military coup risks over $1bn of upstream investment
The apparent overthrow of the Aung San Suu Kyi administration by the Myanmar military threatens more than $1 billion of potential upstream investment in the Southeast Asian nation.
Asia Pacific M&A shake-up on the horizon
More assets are expected to hit the market across Asia Pacific this year following the sustained drop in global oil prices and the COVID-19 pandemic, which has destroyed energy demand growth as economic activity contracts.
Boustani beats Mozambique charges in US court
Privinvest’s Jean Boustani has been cleared of three charges, centred on alleged Mozambique corruption, by a New York court.
Equinor to sell half its stake in German wind farm for £445m
Norwegian energy giant Equinor has announced it will sell half its stake in the Arkona Offshore Wind Farm in Germany.
Russia committed to OPEC deal, Credit Suisse notes claim
Russia remains committed to its production cut agreement with OPEC – according to the notes from a Credit Suisse Russian investor trip.