Samson Resources Corp.’s lenders target restructuring deal for $4.15 billion debt. A $110 million interest payment on bonds is due Aug. 15, people with knowledge of private matter told Bloomberg.
Chevron Global Energy Inc. will sell its stake in refiner Caltex Australia Ltd., Business Wire said. Bloomberg said this marks Chevron’s exit from shale gas in Beach Energy’s Nappamerri Trough.
Saudi Arabia’s King Salman appointed Khalid A. Al-Falih chairman of Saudi Arabian Oil Co., replacing Oil Minister Ali Al-Naimi, Bloomberg said state television reported. Al-Falih was Aramco’s president and CEO.