Noble Group to Sell Oil Trading Unit to Vitol

Noble Group to Sell Oil Trading Unit to Vitol

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses an oil business deal affected by Hurricane Harvey, resulting in net cash proceeds of $582 million after debt deductions. The company faces financial challenges, having reported significant losses in the second and third quarters. The focus is now on managing debt and maintaining operations in Asian markets, with the next few months being crucial for the company's survival.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the announced cash proceeds from the oil business agreement?

700 million U.S. dollars

800 million U.S. dollars

600 million U.S. dollars

500 million U.S. dollars

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the company's financial loss in the third quarter?

2.00 billion U.S. dollars

1.25 billion U.S. dollars

1.50 billion U.S. dollars

1.75 billion U.S. dollars

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did the company lose in the second quarter?

1.50 billion U.S. dollars

1.25 billion U.S. dollars

1.00 billion U.S. dollars

1.75 billion U.S. dollars

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which regions are the company's remaining business operations focused on?

North America

Asia

Europe

Africa

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the main industries of the company's remaining operations?

Automotive and Aerospace

Coal, Iron Ore, and Freight

Healthcare and Retail

Technology and Finance