Gulf Oil and Gas accountACCOUNT

Investment News

Saudi Aramco Says Discovers New Fields, to Continue Energy Investments
Saudi Arabia >> 5/27/2016 - Saudi Arabia's state oil giant Aramco discovered new oil and gas fields last year and the kingdom is committed to continue investing in its energy sector to meet future demand, its new energy minister...
Tanzania Plans To Invest $1.9 Bln per Year in Energy Projects
Tanzania >> 5/25/2016 - Tanzania plans to invest $1.9 billion each year by 2025 in energy projects in a bid to end power shortages and boost industrial growth in East Africa's second-biggest economy, its prime minister said....
US Stock Movements - May 2016
US Stock Movements - May 2016 United States >> 5/25/2016 - Preliminary data for April shows that total commercial oil stocks in the US rose by 13.8 mb to stand at 1370.8 mb. At this level, they were 126.4 mb, or 10.2%, above the same period a year ago and 255...
Petropars & Shell Discuss Oil Investments
Iran >> 5/23/2016 - The Iranian energy company Petropars Ltd. is holding negotiations with Oil and gas major Royal Dutch Shell on carrying out feasibility studies for investment in oil and gas projects, managing director...
GE Signs $3 Billion Investment Deal in Saudi Shift From Oil
Saudi Arabia >> 5/23/2016 - General Electric Co. agreed to participate in as much as $3 billion of investments across industries in Saudi Arabia as the desert kingdom seeks to diversify its economy away from oil. ...
EBRD Provides Financing for Greece’s Sole Oil Producer Energean
Greece >> 5/19/2016 - The European Bank for Reconstruction and Development (EBRD) and Energean Oil & Gas, the only oil & gas producer in Greece, signed today a US$ 75 million Reserve Based financing to support the company’...
Japan Stock Movements - May 2016
Japan Stock Movements - May 2016 Japan >> 5/18/2016 - In Japan, total commercial oil stocks fell by 3.7 mb in March for the sixth consecutive month to stand at 143.6 mb. At this level, Japanese commercial oil inventories stood at 2.5 mb, or 1.7%, lower t...
The Carlyle Group Invests in Mazarine Energy
Tunisia >> 5/16/2016 - The Carlyle Group announced an investment in Mazarine Energy B.V., an upstream oil and gas company with existing assets in Tunisia. Carlyle will also grant Mazarine Energy access to an equity line of ...
India to Invest in Irans Gas Field
Iran >> 5/15/2016 - Indian Ambassador to Tehran Saurabh Kumar announced that his country will invest in the development of the first phase of Farzad-B gas field in the Persian Gulf that was discovered by Indias ONGC Vide...
Stock Movements - May 2016
Austria >> 5/13/2016 - OECD commercial oil stocks fell in March to stand at 3,049 mb. At this level, they are around 361 mb above the latest five-year average. Crude and products indicate a surplus of around 216 mb and 14...
Spot Prices for Crude Oil and Petroleum Products
Spot Prices for Crude Oil and Petroleum Products United States >> 5/10/2016 - Global Crude Oil Prices

Brent crude oil spot prices increased by $3/b in April to a monthly average of $42/b, which was the highest monthly average for Brent so far this year. This w...
Singapore and ARA Stock Movements - April 2016
Singapore and ARA Stock Movements - April 2016 Singapore >> 5/9/2016 - At the end of February, product stocks in Singapore rose considerably by 11.1 mb to stand at 58 mb. At this level, product stocks in Singapore were 10.2 mb, or 21.1%, above the same period a year ago....
Iran Mulls $200b Investment in Oil Sector
Iran >> 4/27/2016 - First Vice-President Eshaq Jahangiri said the Rouhani Administration is planning to invest 200 billion dollars in oil sector in a push to develop the industry by employing new technologies. ...
US Stock Movements - April 2016
US Stock Movements - April 2016 United States >> 4/26/2016 - Preliminary March data shows that total US commercial oil stocks rose by 10.7 mb to stand at 1,357 mb. At this level, they were 140 mb, or 11.5%, above the same period a year ago and 257 mb, or 23.3%,...
SacOil Awarded Crude Allocation by NNPC
Nigeria >> 4/22/2016 - SacOil, a South African based independent African oil and gas company and EER entered into a MOU to seek investment opportunities in the business activities of the NNPC within the Nigerian oil and gas...
Japan Stock Movements - April 2016
Japan Stock Movements - April 2016 Japan >> 4/20/2016 - In Japan, total commercial oil stocks fell by 9.7 mb for the fifth consecutive month in February. At 147.3 mb, Japanese commercial oil inventories stood at 2 mb, or 1.4%, above the same time a year ag...
Suez Canal Revenues Up 6.5% in 1st Quarter of 2016
Suez Canal Revenues Up 6.5% in 1st Quarter of 2016 Egypt >> 4/17/2016 - President Abdel Fattah El Sisi held a meeting with head of the Suez Canal Authority Mohab Mamish. ...
Eni to Invest 20 Bln Euros in Africa in Next Four Years
Eni to Invest 20 Bln Euros in Africa in Next Four Years Egypt >> 4/15/2016 - Italy's Eni plans to invest about 20 billion euros ($22.5 billion) in Africa over the next fours, mostly in oil and gas, the company's Chief Executive Officer Claudio Descalzi said. ...
Gazprombank Finances First Large-Scale Solar Power Plants in Russia
Russia >> 4/14/2016 - Gazprombank is providing a RUR 1,7 billion loan for 3 solar power plants with 20 MW total installed capacity constructed by Hevel LLC (a joint venture between Renova Group and Rusnano). Funds are aime...
D.Bank, HSBC, Kfw Fix 3.5bn Euros Finance for Egypt Power Plants
D.Bank, HSBC, Kfw Fix 3.5bn Euros Finance for Egypt Power Plants Egypt >> 4/13/2016 - Deutsche Bank, HSBC and KfW's Ipex Bank have arranged 3.5 billion euros ($4 billion) in financing for Egypt's state-owned electricity company EEHC to buy three gas power plants from Siemens, Deutsche ...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
Advertise your Purchasing Requests

For Suppliers
Promote your Products
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.