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Solo Oil Provides Update on Helium One Investment
Tanzania >> 6/21/2018 - Solo Oil plc, the natural resources investment company focused on acquiring and developing a diverse global non-operated portfolio of strategic oil and gas assets, is pleased to announce continued pro...
Oil Traders Are Tracking OPEC's Meeting on June 22
Austria >> 6/20/2018 - The Organization of the Petroleum Exporting Countries (OPEC) meets on 22 June 2018 to decide output policy amid calls from major consumers such as the United States and China to cool down oil prices a...
Genel Energy Receives Payment for KRI Oil Exports
Iraq >> 6/20/2018 - Genel Energy plc notes the announcement from DNO ASA, as operator of the Tawke PSC, that the Tawke partners have received $62.19 million from the Kurdistan Regional Government ('KRG') as payment for M...
Linxing Gas Sales Agreement Extension
China >> 6/6/2018 - Sino Gas & Energy Holdings Limited’s (Sino Gas) Joint Venture company, Sino Gas & Energy Limited (“SGE”), in conjunction with its Linxing Production Sharing Contract Partner, China United Coalbed Me...
UAE's ADNOC May Sell More of Distribution Business
United Arab Emirates >> 6/5/2018 - Abu Dhabi National Oil Company is considering selling another 10 percent stake in its fuel distribution business, which listed in an initial public offering last year, but the timing is uncertain, thr...
Wentworth Provides Payment update
Tanzania >> 6/1/2018 - Wentworth, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, provides an update to shareholders. ...
BHGE and TREXM Partner in Nigeria
Nigeria >> 6/1/2018 - Baker Hughes, a GE company, has unveiled plans to partner with local firm, TREXM Oil and Gas Services to bring about its latest innovating metering solution into the Nigerian market. this, it said, wo...
Proposed Acquisition of Sino Gas by Lone Star
China >> 5/31/2018 - Sino Gas & Energy Holdings Limited has entered into a Scheme Implementation Agreement with a wholly owned subsidiary of Lone Star Fund X Acquisitions, LLC (together with its affiliates, “Lone Star”) u...
Ophir Provides Fortuna Update
Equatorial Guinea >> 5/31/2018 - We note the announcement by Golar LNG Partners’ regarding the dissolution of its OneLNG joint venture with Schlumberger. Whilst it is disappointing that Schlumberger will no longer be part of the part...
Siemens Gamesa Secures €2.5B Revolving Credit Facility
Spain >> 5/30/2018 - Siemens Gamesa Renewable Energy has signed a €2.5 billion multi-currency term and revolving credit facility, enhancing its long-term financial structure. ...
Dana Gas Receives $40M from Egypt
Dana Gas Receives $40M from Egypt Egypt >> 5/28/2018 - Dana Gas PJSC, the Middle East's largest regional natural gas company, has received $40 million (AED 146.8m) from the Egyptian Government towards paying down its receivables. With this payment Dana G...
Gazprom Neft & Sberbank Sign Memorandum of Intent
Russia >> 5/25/2018 - Gazprom Neft and Sberbank have signed a Memorandum of Intent at this year’s St Petersburg International Economic Forum, the signatories to the document being Vadim Yakovlev, First Deputy CEO, Gazprom ...
ANP Approves Neon (Echidna) & Goia (Kangaroo) Declaration of Commerciality
Brazil >> 5/25/2018 - Karoon has received approval from the ANP for the Neon (Echidna) and Goia (Kangaroo) Declaration of Commerciality. ...
Gazprom & JBIC Address Cooperation Prospects
Russia >> 5/24/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Tadashi Maeda, CEO and Executive Managing Director of Japan Bank for International Cooperation (JBIC), took p...
DNO Reports Payment for Tawke Deliveries
Iraq >> 5/24/2018 - DNO ASA, the Norwegian oil and gas operator, reported receipt of USD 47.23 million from the Kurdistan Regional Government as payment for February 2018 crude oil deliveries to the export market from th...
ADES Secures $140 million Standby Credit Facility
Saudi Arabia >> 5/24/2018 - ADES International Holding Ltd., the London-listed Company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has secur...
Efforts Continue to Save Iran Oil Market Share
Iran >> 5/21/2018 - Climate Action and Energy Commissioner Miguel Arias Ca?ete met Iranian Minister of Petroleum Bijan Zangeneh in his Tehran office on Saturday in a bid to protect Iran"s oil trade following US withdrawa...
All New Decision in OPEC Needs Unity
Iran >> 5/20/2018 - Iranian Oil Minister Bijan Zanganeh says Tehran’s oil exports to remain unchanged if the Iran nuclear deal is salvaged by the EU following the US withdrawal from the multinational accord. ...
DNO Completes USD 400 Million Bond Placement
Norway >> 5/18/2018 - DNO ASA, the Norwegian oil and gas operator, has completed the private placement of USD 400 million of new, five-year senior unsecured bonds to be issued at 100 percent of par with a coupon rate of 8....
Egypt to Pay off $850M in Debt to Foreign Oil Companies
Egypt to Pay off $850M in Debt to Foreign Oil Companies Egypt >> 5/14/2018 - Governor of Egypt's Central Bank Tarek Amer said that the country is expected to make an $850 million payment on its debts to foreign oil companies. ...

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