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SMA Solar Technology Renews Investment in U.S
United States >> 3/17/2017 - In an exciting step forward, SMA Solar Technology announced that it will renew its investment in the U.S. with the addition of two new executives, and plans to add many new employees with a major hiri...
Saudis Study $65 Billion in China Investments During King's Trip
China >> 3/16/2017 - Saudi Arabian Oil Co. may deepen investment in China’s oil industry as part of $65 billion worth of potential deals signed between the two countries in everything from energy to manufacturing and a th...
ABB Unveils $60 Million Technology Investment for US Market
United States >> 3/14/2017 - ABB unveiled its latest electrical innovations for the US market, resulting from research and development, and operational investments of more than $60 million. The investments for power distribution ...
Stock Movements - March 2017
Austria >> 3/14/2017 - OECD commercial oil stocks rose in January to stand at 3,006 mb, 278 mb above the latest five-year average. Crude and products indicate a surplus of 209 mb and 69 mb above the seasonal norm, respect...
Companies to Invest $3.3 billion in Solar Projects in Vietnam's Daklak Province
Vietnam >> 3/11/2017 - Vietnam's Daklak province granted licences and signed memorandums of understanding for the development of several solar power projects worth a combined $3.3 billion. ...
AFC Invests $25m in Egypt's Carbon Holdings
AFC Invests $25m in Egypt's Carbon Holdings Egypt >> 3/10/2017 - Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, has announced it is to invest US$25 million in Egyptian petrochemicals compa...
Sinopec to Boost Fine Chemicals Investment at Maoming Refining Hub
China >> 3/9/2017 - Sinopec Corp plans to boost investment in fine chemicals at its Maoming-Zhanjiang refining base in southern China alongside partners like Germany's BASF, a senior executive said in an interview on Thu...
China Stock Movements - February 2017
China Stock Movements - February 2017 China >> 3/8/2017 - The latest information for China showed total commercial oil inventories fell slightly by 0.4 mb in December to stand at 362.8 mb, which is 21.3 mb lower than the previous year. Within the components,...
Iran Says It ‘Understands’ Total’s Concerns
Iran >> 3/7/2017 - Iran says it understands why Total had to delay a decision to go ahead with the development of a key gas project in the country until the position of the new US administration toward foreign investmen...
MOP in Talks with Investors to Attract $85b of Finance
Iran >> 3/7/2017 - Deputy Minister of Petroleum in International Affairs and Trading Amir Hossein Zamaninia said the Iranian Ministry of Petroleum is in talks with investors to sign 25 deals valued at 85 billion dollars...
OGUK Publishes Business Outlook Report 2017
United Kingdom >> 3/7/2017 - The UK offshore oil and gas industry is now in better shape to compete for much-needed investment and confidence is slowly returning to the UK Continental Shelf (UKCS) following an intensive two-year ...
Oranto Launches $500m Oil Exploration Campaign in South Sudan
South Sudan >> 3/6/2017 - Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately. The Ministry of Petroleum and Oranto Petroleum Company...
Exxonmobil Plans Investments of $20 Billion in US Gulf Region
United States >> 3/6/2017 - Exxon Mobil Corporation is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion over a 10-year period to take advantage of the American energy revo...
Gazprom Successfully Holds Investor Day in Singapore & Hong Kong
Russia >> 3/2/2017 - Gazprom held the twelfth annual Investor Day in Singapore (February 28) and Hong Kong (March 2). Taking part in the events were Andrey Kruglov and Alexander Medvedev, Deputy Chairmen of the Gazprom Ma...
Talks with South Korean Ambassador in Petrochemicals and Refining Domains
Talks with South Korean Ambassador in Petrochemicals and Refining Domains Egypt >> 3/1/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources held bilateral discussions with Mr. Yoon Soon-Gu, South Korean Ambassador to Egypt. The Minister declared that the Korean companies hav...
IGas Provides Update on Discussions with Strategic Investor
United Kingdom >> 3/1/2017 - On 29 December 2016, IGas announced that it was in well progressed discussions with a strategic investor in respect of its capital restructuring options. IGas announces that those discussions relate t...
Gazprom Pursuing Major Investment Projects
Russia >> 3/1/2017 - The Gazprom Board of Directors commended the Company for the progress made on its major investment projects. It was noted that Gazprom’s projects were strategically important for Russia’s energy secur...
Minister of Petroleum in Discussions with CEO of ENAP Sipetrol
Minister of Petroleum in Discussions with CEO of ENAP Sipetrol Egypt >> 2/27/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources met Mr. Marcelo Tokman, CEO of Chilean national ENAP Sipetrol Co. in the presence of the Chilean consul in Egypt, Eng. Sayed Rizk, the ...
SEFA Commits Close to US $1 Million to Energy Access in Gambia
Gambia >> 2/27/2017 - The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) approved a US $995,000-grant to the Republic of The Gambia to implement a programme to facilitate private investme...
New Gas Industry Technology Association Joins INTERGAZCERT Voluntary Certification System
Russia >> 2/27/2017 - Alexey Miller, Chairman of the Gazprom Management Committee, and Ruslan Goryukhin, Chief Executive Officer of the New Gas Industry Technology Association of Equipment Manufacturers, signed at the Russ...

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