Oil

Mercuria closes European borrowing base

Commodities trader Mercuria has closed a $700 million borrowing base to support its European operations

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Gulf Keystone prices convertible for Shaikan

Gulf Keystone Petroleum has priced a $300 million convertible bond issue to fund the development of its Shaikan oil field

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GSPC seeks full control of Gujarat Gas

Gujarat State Petroleum Corporation has agreed to buy 65.12% of Gujarat Gas Company for Rs24.6 billion ($470 million)

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