Oil and Gas Projects
Otto Energy closes on Galoc II
Otto Energy has closed a $37.4 million loan with BNP Paribas to fund its share of the costs of the Galoc field phase II development in the Philippines.
Siemens curbs sales and income forecasts
Economic gloom in Europe and lack of movement in China add to charges on rail projects and solar unit sale setback to hit German group’s projections
Greece to sell lottery stake to investors
The 33 per cent share deal worth €712m agreed with Greek and eastern European investors will be the country’s largest state asset sale to date
