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Financials and Investment News

Receipt of Payment for KRI Oil Exports from Taq Taq PSC
Iraq >> 1/17/2018 - Genel Energy plc announces that the Taq Taq partners have received a gross payment of $10.10 million from the Kurdistan Regional Government for oil sales during October 2017. ...
Multi-Client Revenues Related to APA 2017 Awards
Norway >> 1/17/2018 - On 16 January 2018, the Norwegian Ministry of Petroleum and Energy (the "MPE") announced the awards of new production licenses through the Awards in Pre-defined Areas (APA 2017) licensing round. ...
Can The Oil Price Rally Continue?
Can The Oil Price Rally Continue? Austria >> 1/16/2018 - Brent crude prices consolidated recent gains at around $70 a barrel on Tuesday (16 Jan 2018), a level not seen since 2014’s dramatic oil market slump. ...
Aker Solutions Successfully Completes Bond Issue
Norway >> 1/11/2018 - Reference is made to the announcement on December 15, 2017. Aker Solutions has successfully completed a NOK 1,500 million senior unsecured bond issue with maturity in July 2022. ...
TransGlobe Announces 2018 Capital Program of $29.1M for Egypt
Egypt >> 1/10/2018 - TransGlobe Energy Corporation (TGL) (TGA) (“TransGlobe”) announces the 2018 capital budget and promotions. All dollar values are expressed in US dollars unless otherwise stated. ...
Nostra Terra Announces New $5m Senior Lending Facility
United Kingdom >> 1/8/2018 - Nostra Terra, the oil and gas exploration company with a portfolio of assets in the USA and Egypt, is pleased to announce that it has received approval for a new US$5 million Senior Lending Facility (...
San Leon Provides Update on Discussions with Potential Offerors
Ireland >> 1/5/2018 - The Directors of San Leon confirm that discussions with both China Great United Petroleum (Holding) Limited ("CGUP"), originally announced on 28 June 2017, and Geron Energy Investment ("Geron"), origi...
Oil Markets Start 2018 With A Bang
Austria >> 1/3/2018 - Oil prices opened the year above $60 a barrel — the strongest start to a calendar year since 2014. Both crude oil benchmarks — the U.S. West Texas Intermediate (WTI) and globally traded Brent — rose a...
Petrobras Signs Agreement to Settle Class Action in the US
Brazil >> 1/3/2018 - Petrobras announces that it has signed an agreement in principle to settle the securities class action lawsuit filed in the United States District Court for the Southern District of New York (SDNY). ...
IOOC Saves $237m in Contract Costs
Iran >> 1/2/2018 - The Iranian Offshore Oil Company (IOOC) says it has saved a total of 237 million dollars in cost of the contracts it has signed with contractors in the fiscal year of 2017-2018. ...
Oil Prices Reach Near Mid-2015 Highs
Austria >> 12/28/2017 - Oil prices rose on Thursday, lifted by strong data from top importer China amid thin trading activity ahead of the New Year weekend. ...
Messoyakhaneftegas Secures Syndicated Loan to Develop Northern most Onshore Field
Russia >> 12/28/2017 - Gazprombank and Sberbank have released credit facilities under the first tranche of a syndicated loan facility for the Messoyakha project, agreed on 22 December 2017. The terms stipulated under the si...
KIPCO Completes KD 100 million Seven-year Bond Issue
Kuwait >> 12/28/2017 - KIPCO – the Kuwait Projects Company (Holding) – has announced that it has successfully completed the issuance of a KD 100 million (US$ 331 million) bond issue. This the first ever seven-year corporate...
Keppel Reaches Global Resolution with Authorities in US, Brazil & Singapore
Brazil >> 12/23/2017 - Keppel Corporation Limited (Keppel Corporation or Keppel) confirmed that KOM has reached a global resolution with criminal authorities in the United States, Brazil and Singapore in relation to corrupt...
Eland Announce Syndication of RBL
Nigeria >> 12/22/2017 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announce the syndication of its Reserve Based Lending ("RB...
Sonangol and Cobalt Announce $500M Settlement
Angola >> 12/19/2017 - The Angolan National Concessionaire Sociedade Nacional de Combust?veis de Angola — Empresa P?blica (“Sonangol”) and Cobalt International Energy, Inc. (“Cobalt”) announced the signing of an agreement t...
Fortuna FLNG Project Update
Equatorial Guinea >> 12/18/2017 - Further to the release on 23 November, Ophir, together with its partners in the Project, have decided to prioritise one of the alternative funding solutions that would see a leading Asian bank provide...
Melbana Energy Announces Placement to Raise $2.1 million
Australia >> 12/15/2017 - Melbana Energy Limited has accepted commitments to raise up to $2.1 million (before costs) through a placement of 150 million fully paid ordinary shares at $0.014 per share to qualified institutional ...
Iran welcomes Chinese Private Investors in Oil Projects
Iran >> 12/13/2017 - Iranian Minister of Petroleum Bijan Zangeneh said Iran and China enjoy extended relations in energy sector, calling on Chinese private investors to finance petroleum projects in Iran. ...
Tlou Receives Approval for Listing on Botswana Stock Exchange
Botswana >> 12/12/2017 - Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane ("CBM"), announces that formal approval has ...

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