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Sonatrach to Maintain Good Level of Investments
Algeria >> 10/7/2015 - CEO of Sonatrach Amine Maazouzi said Monday in Oran that the Group "will maintain a significant share of its investments, despite the current situation" marked by the oil price fall in the world marke...
LGO Raises £1 million for further Goudron Investment
Trinidad and Tobago >> 10/5/2015 - LGO has raised £1.0 million before expenses, by way of a Company arranged placing of 111,111,110 new ordinary shares at a placing price of 0.9p per share. ...
Brazil's Petrobras Cuts Spending Plan for 2nd Time in 3 Months
Brazil >> 10/5/2015 - State-led Petroleo Brasileiro SA , struggling with the biggest debt load among global oil firms, cut $11 billion from capital spending plans for this year and next as Brazil's currency and oil prices ...
Investment Flows into Commodities Markets
Investment Flows into Commodities Markets Austria >> 10/5/2015 - Open interest volume (OIV) in selected US commodity markets increased in August for agriculture and copper, while it decreased for crude oil, livestock, natural gas and precious metals. Meanwhile, spe...
China Stock Movements - September 2015
China Stock Movements - September 2015 China >> 10/4/2015 - The latest information for China showed an increase in total commercial oil inventories of 8.9 mb in July to stand at 420.9 mb, which was around 13.6 mb above the previous year at the same time. Withi...
Iran to Present Oil Projects Late Oct. 2015
Iran >> 10/4/2015 - Iran says it will showcase its most attractive oil and gas projects to investors in a conference in capital Tehran later this month. ...
New Iran Business Talks Confidential
Iran >> 10/4/2015 - British oil major BP says it is holding talks about returning to Iran for possible investment of billions of dollars in the country where it was founded more than a century ago. ...
Seacrest Announces Investment in OKEA AS
Norway >> 9/30/2015 - Seacrest Capital Group have partnered with OKEA AS, a new oil and gas development and production company that is headquartered in Trondheim, Norway. OKEA will focus on developing discovered oil and ga...
Golar Cameroon FLNG Project Reaches Major Milestone
Cameroon >> 9/30/2015 - Golar LNG Limited announces that its Cameroon floating liquefied natural gas project has reached a major milestone with the final approval by all parties of the Gas Convention for the project. This fi...
US Stock Movements - September 2015
US Stock Movements - September 2015 United States >> 9/27/2015 - Preliminary data for August shows that total commercial oil stocks in the US rose by 15.1 mb, reversing the decline of the previous month to stand at 1,288.9 mb. At this level, they were 158.2 mb or 1...
Global LNG-Prices Extend Losses as New Supplies Emerge
Egypt >> 9/26/2015 - Asian liquefied natural gas (LNG) prices for November delivery fell, marking the sixth straight week of losses for the fuel, as fresh supply weighed on market sentiment, though some traders saw potent...
Japan Stock Movements - September 2015
Japan Stock Movements - September 2015 Japan >> 9/25/2015 - In Japan, total commercial oil stocks rose by 8.9 mb in July, reversing June’s stock draw. At 167.4 mb, Japanese commercial oil inventories stood 4.9 mb or 3.0% higher than a year ago, but remained 4....
Algeria’s Resources to Drop to Nearly $35b in 2015
Algeria >> 9/21/2015 - The fall in oil prices in the international market is expected to cause a drop of nearly $35 billion of Algeria’s resources in 2015, said Sunday in Algiers Prime Minister Abdelmalek Sellal. ...
Algeria Considering 2016 Tax Hikes, Import Duties to Cover Deficit
Algeria >> 9/16/2015 - Algeria is considering higher taxes, import duties and a hike in subsidized diesel and electricity prices to help cover its deficit after a slump in crude oil prices eroded its revenues, a preliminary...
Ecopetrol & Occidental to Increase Output at Colombia's La Cira Field
Colombia >> 9/16/2015 - Colombia's state-run oil company Ecopetrol and U.S.-based Occidental Petroleum Co will invest up to $2 billion over 10 years to increase production at the La Cira-Infantas oil field, in a bid to reach...
Discovering New Gas Field Promotes Investment Opportunities
Egypt >> 9/15/2015 - Head of the German-Arab Chamber of Industry and Commerce and Chairman of the Bundestag's Committee on Economic Affairs and Energy Peter Ramsauer said Germany looks forward to promote investment opport...
Stock Movements - September 2015
Austria >> 9/15/2015 - OECD commercial oil stocks rose by 8.5 mb in July to stand at 2,925 mb, around 234 mb higher than same time one year ago, and about 202 mb above the latest five-year average. Crude oil and products ...
Morocco Oil Refiner Samir Plans $1.04b Capital Increase
Morocco >> 9/11/2015 - Morocco 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. ...
Low Oil Prices to Hit Non-OPEC Output, Boost Demand in 2016
Egypt >> 9/11/2015 - Low crude oil prices will lead to a pick up in demand and next year may cause the biggest drop in non-OPEC output in nearly a quarter of a century, the IEA said. ...
Morocco Oil Refiner Samir Falls to $223m H1 Loss
Morocco >> 9/10/2015 - Morocco's Samir made a 2.17 billion dirham ($223 million) first-half loss hurt by maintenance in January and February, the oil refiner said. ...

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