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Occidental to Cut Debt Before Boosting Oil Production, CEO Vicki Hollub Says

2020-08-11 20:35:00| OGI

Occidental is restarting some activity in the Permian Basin and Gulf of Mexico, but its focus is to "ensure that we have the liquidity to go forward so we have the ability to meet our maturities," CEO Vicki Hollub says.

Tags: production says cut oil

 

What to Consider When Purchasing Distressed Real Estate Debt

2020-08-10 09:28:00| National Real Estate Investor

There lies an opportunity for investors where lenders prefer to sell off their debt rather than continue to try to work things out with borrowers.

Tags: real estate purchasing debt

 
 

High-cost lenders using 'exotic holidays' to encourage debt

2020-08-06 12:15:11| BBC News | Business | UK Edition

Pictures of holidays and "nudge" tactics are being used to persuade people to get into greater debt.

Tags: holidays encourage debt exotic

 

UK debt climbs in June amid coronavirus pandemic

2020-07-21 08:54:30| BBC News | Business | UK Edition

Government borrowing hit 35.5bn last month, five times more than in June last year.

Tags: june debt amid pandemic

 

Total Lands $14.9 Billion Debt Financing for Mozambique LNG Project

2020-07-17 22:30:00| OGI

Total's massive LNG project in Mozambique includes the development of the Golfinho and Atum natural gas fields in the Offshore Area 1 concession, and the construction of a two-train liquefaction plant.

Tags: total project debt billion

 

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