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PetroTal Corp. (PTAL.L)
- Reuters
Spain's Cepsa sells upstream assets in Peru
Spain's second-largest oil company Cepsa said on Wednesday it reached an agreement with Canada's PetroTal Corp to sell its upstream assets in Peru for an undisclosed amount. The sale is in line with the company's strategic shift toward low carbon businesses and follows recent divestments of upstream assets in Colombia and Abu Dhabi. Owned by Abu Dhabi fund Mubadala and the Carlyle Group, Cepsa is investing up to 8 billion euros ($8.58 billion) through 2030 in green hydrogen and biofuels.
- Simply Wall St.
National Bank of Canada And Two More Dividend Stocks For Reliable Income
Amidst a backdrop of fluctuating inflation trends and cautious monetary policy signals from the U.S. Federal Reserve, the Canadian market remains a point of focus for investors seeking stability through dividend stocks. As global economic dynamics influence market sentiments, dividend-paying stocks in Canada may offer a semblance of predictable income in uncertain times.
- Reuters
UPDATE 1-Petroecuador, PetroTal agree to move Peruvian crude through Ecuador
Ecuador's state-owned oil company Petroecuador said on Thursday that is signed an agreement with PetroTal in Peru to transport Peruvian crude through Ecuador's Block 16 facilities. PetroTal will pay Petroecuador to move an estimated 100,000 barrels through the Ecuadorean firm's facilities in the Amazonian province of Orellana, Petroecuador said in a statement published on Thursday.
