Razor Energy Corp. announces deferral of interest payment

CALGARY, Alberta – Razor Energy Corp. (“Razor” or the “Company“) (TSXV: RZE) is announcing that it will be deferring the scheduled December 31, 2020 interest payment to the Alberta Investment Management Corporation (“AIMCo”) under the existing $47.7 million Term Loan Facility (the “Amended Term Loan Facility”). The interest will be capitalized, adding to the principal [Read more]

Source: Oil & Gas News Headlines | BOE Report

Southern Energy Corp. announces in-kind interest payment on debentures

CALGARY, AB – Southern Energy Corp. (“Southern” or the “Company“) (TSXV: SOU) announces that on December 31, 2020, the holders (the “Debentureholders“) of its outstanding 8% convertible unsecured subordinated debentures (the “Debentures“) agreed to an in-kind payment of accrued interest due on December 31, 2020 in the amount of $322,760.00 through the issuance of additional Debentures. [Read more]

Source: BOE Report

TC Energy provides conversion right and dividend rate notice for Series 5 and 6 preferred shares

CALGARY, Alberta, Dec. 31, 2020 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 5 (Series 5 Shares) and Cumulative Redeemable First Preferred Shares, Series 6 (Series 6 Shares) on January [Read more]

Source: BOE Report

Gazprom and Moldovagaz sign documents to extend gas supply and transit contracts

This article came to our attention via rss

Gazprom and Moldovagaz signed the documents to extend the existing contracts for Russian gas supplies to and gas transit across the Republic of Moldova for the period starting on January 1, 2021.

Background

Moldovagaz is a joint Russian-Moldovan company set up by Gazprom, the Mol...

Read More - Source: rss

Energy in 2021: The challenges of the coming year

Amid the prognostications over what 2021 will bring for the Energy sector, here are some commonalities that we can expect to be watching, reading, and hearing about. As Canada’s energy sector-oil, natural gas, electricity, renewables, etc- makes a “Pandemic pivot”, the Canadian Energy Research Institute is preparing their not-to-be-missed research plans. CERI will be exploring [Read more]

Source: Oil & Gas News Headlines | BOE Report