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Sidi Kerir Petrochemicals 9 Month Net Profit Drops 8.4 Pct
Egypt >> 11/15/2015 - Egypt's Sidi Kerir Petrochemicals saw its 9-month net profit drop by 8.4 percent compared to the same period last year, the company said in a statement. ...
Eni Signs $2b Petroleum Exploration Deals in Egypt
Eni Signs $2b Petroleum Exploration Deals in Egypt Egypt >> 11/12/2015 - Eni signed with the Egyptian Government three amendments for the IEOC concessions of "Sinai 12 and Abu Madi", "North Port Said" and "Baltim", which is in partnership with BP, and signed one new Conces...
Japan Stock Movements- October 2015
Japan >> 11/10/2015 - In Japan, total commercial oil stocks rose by 1.1 mb in August, following a build of 8.9 mb in July to stand at 168.5 mb. At this level, Japanese commercial oil inventories stood 0.2 mb or 0.1% above ...
US Stock Movements- October 2015
United States >> 11/9/2015 - Preliminary data for September shows that total commercial oil stocks in the US rose by 12.4 mb, following a build of 15.4 mb in August, to stand at 1,301 mb. At this level, they were 157.3 mb or 13.8...
Tethys Signs LOI with Olisol for US$15 million Interim Financing & C$25.5 million Private Placement
Ireland >> 11/9/2015 - Tethys Petroleum has entered into a non-binding and indicative letter of intent ('LOI') with Olisol Investments setting out proposed terms upon which Olisol Petroleum, a wholly-owned subsidiary of Oli...
Iran Needs $1k Billion for 6th Development Plan
Iran >> 11/8/2015 - Iran will need an investment of more than a thousand billion dollars of which a quarter is needed to be supplied from foreign financiers, a senior presidential adviser said. ...
Gazprombank & International Co-Investors Close Deal for Investment into SIBUR’s Marine Terminal
Russia >> 11/3/2015 - A consortium comprising the Gazprombank and leading international investors has announced the completion of a deal to invest in a terminal in the commercial port of Ust-Luga (Russia) after obtaining a...
Investment Flows into Commodities Markets
Investment Flows into Commodities Markets Austria >> 11/2/2015 - Open interest volume (OIV) decreased in September for select US commodity markets such as agriculture, copper, natural gas, oil and precious metals, while it increased for crude oil and livestock. Mea...
Tullow Delays Uganda Oilfield Sanction to Early 2017
Uganda >> 10/27/2015 - Britain's Tullow Oil plans to take a final investment decision (FID) on a new oilfield project in Uganda in early 2017, later than planned, Chief Executive Aidan Heavey told Reuters. Tullow discovered...
Eni will Re-Start an Aggressive Exploration Campaign
Egypt >> 10/27/2015 - Italy's Eni will re-start an aggressive exploration campaign once crude prices rise to $70 dollars a barrel, the company's chief exploration officer said. ...
GE to Invest Up to $1 Billion in Indonesia’s Power, Oil and Gas, and Healthcare Sectors
Indonesia >> 10/26/2015 - GE announced that it will invest up to $1 billion in the power, oil and gas, and healthcare sectors to support Indonesia’s accelerated economic growth. The announcement was made on the sidelines of a ...
Total Ready to Tech Transfer, Finance Iran Post-Sanction Oil Projects
Iran >> 10/25/2015 - The President Middle East and North Africa of Total Exploration and Production said France’s energy giant is ready for financing Iran’s oil projects as well as for transferring of technology following...
BP Commits $229M to 3 Offshore Blocks with Eni & Total
Egypt >> 10/21/2015 - BP Plc said it had been awarded three new offshore exploration blocks in Egypt and that it and its partners had committed to investment of $229 million. ...
India's ONGC Targets $10-$12 bln Foreign Oil & Gas Investments
India >> 10/20/2015 - The foreign investment arm of India's top oil explorer ONGC is targeting $10-$12 billion of oil and gas asset purchases over the next three years, including more corporate acquisitions, its managing d...
Russia's Gazprom says 2015 Investment Programme Revised to 1.043 trln Roubles
Russia >> 10/20/2015 - Russia's Gazprom has revised its 2015 investment programme to 1.043 trillion roubles ($16.8 billion), the state gas company said in a statement. ...
Gazprom Approves Adjusted Investment Program & Budget and Cost Reduction Program for 2015
Russia >> 10/20/2015 - The Gazprom Board of Directors approved the adjusted Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2015. ...
Moroccan Samir Gets Backing For $1.04 Bln Capital Increase
Morocco >> 10/19/2015 - Moroccan 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 fin...
Stock Movements- October 2015
Austria >> 10/17/2015 - OECD commercial oil stocks rose by 9.3 mb in August to stand at 2,933 mb, around 194 mb higher than both the same time one year ago and the latest fiveyear average. Crude oil and products indicated ...
Schneider Electric Makes Strategic Investments in Singapore
Singapore >> 10/16/2015 - Schneider Electric, the global specialist in energy management and automation, will make significant new investments to strengthen its presence in Singapore. The company will cumulatively invest aroun...
IFC Launches Program to Increase Energy Access in Tanzania
Tanzania >> 10/15/2015 - IFC, a member of the World Bank Group, this week launched a $5 million program to increase access to energy in Tanzania by developing a market for mini-grids. The initiative aims to bring affordable, ...

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