Thursday, July 31, 2025

ConocoPhillips, Dong Said to Sell Stakes in Norway Gas Pipelines

From Bloomberg Business ConocoPhillips and Dong Energy A/S agreed to sell their stakes in Gassled, Norway’s offshore gas-pipeline network, to CapeOmega AS, an oil company backed by Norwegian private-equity firm HitecVision AS, a person familiar with the matter said. Conoco owns a 1.68 percent stake in Gassled and Dong holds 0.98 percent, according to network operator Gassco AS’s website. The

SandRidge Energy, Inc. Announces Affirmed $500 Million Borrowing Base and Amendment of Senior Credit Facility

OKLAHOMA CITY, Oct. 19, 2015 /PRNewswire/ — SandRidge Energy, Inc. (the “Company“) (SD) today announced that, in connection with a regularly scheduled redetermination, its lenders have affirmed the $500 million borrowing base under its senior secured credit facility. In addition, the credit agreement was amended to increase from $200 million to $275 million a basket available to the Company for the