 |
Owner of Morocco refiner Samir pledges $680mCorral Petroleum Holdings is committed to injecting $680 million into its Moroccan refiner Samir to try to reverse a decision placing it in liquidation, a lawyer for Corral said on Wednesday. Morocco's sole refiner halted prod More… |
 |
Moroccan refinery's debts highlight oil sector lending dangersWhen Morocco's only oil refinery suspended production in early August due to financial difficulties, it owed $450 million to trading houses, including Glencore, Vitol and BB Energy, according to traders and refinery sources familiar with t More… |
 |
Moroccan refiner Samir gets backing for $1.04bn capital increaseMoroccan oil refiner Samir said it has won the backing of its extraordinary general assembly for a capital increase of 10 billion Moroccan dirhams ($1.04 billion) in an effort to end the company's financial difficulties. More… |
 |
Morocco oil refiner Samir plans $1.04bn capital increaseMorocco oil refiner Samir said it was planning a capital increase of 10 billion Moroccan dirham ($1.04 billion) in an effort to end the company's financial difficulties. The refiner called for an extraordin More… |
 |
Morocco oil refiner Samir falls to $223m H1 lossMorocco's Samir made a 2.17 billion dirham ($223 million) first-half loss hurt by maintenance in January and February, the oil refiner said. Samir, controlled by Corral Petroleum Holdings, announced plans l More… |
