Financials and Investment News in Yemen

Petsec Energy Announces Rights Issue to Raise US$11 million
11/24/2016 - Petsec Energy will undertake a non-renounceable entitlement offer or 'rights issue' to raise approx. $11 million. The offer is fully underwritten by Paradigm Securities, trading as Martin Place Securi...
Yemen Regains $ 45 Million from Total Company
4/9/2013 - The Ministry of Oil and Minerals has Regained $ 45 million for the benefit of the state from the French company Total. In a statement to Saba, Minister of Oil and Minerals Ahmed Abdullah Dares pointed...
Middle East Oil Supply - January 2013
Middle East Oil Supply - January 2013 2/3/2013 - Middle East oil supply is estimated to decrease by 20 tb/d in 2013 from the previous year to average 1.50 mb/d, steady from the previous MOMR. Omanís supply is expected to increase by 30 tb/d in 2013 ...
Middle East Oil Supply - November 2012
Middle East Oil Supply - November 2012 12/4/2012 - Middle East oil supply is forecast to decline by 0.16 mb/d in 2012 to average 1.53 mb/d, unchanged from the previous month. Oman remains the only country in the Middle East with expected oil supply gr...
Middle East Oil Supply - August 2012
Middle East Oil Supply - August 2012 9/2/2012 - Middle East oil supply is expected to decrease by 170 tb/d from 2011 to average 1.52 mb/d in 2012, representing an upward revision of 25 tb/d from the previous month. Within the Middle East, supply fr...
Promoting Financial Transparency in Oil Sector Discussed
5/23/2012 - Yemen and the United States Agency for International Development (USAID) discussed here cooperation possibilities in areas of promoting administrative and financial transparency in oil sector. Ministe...
Middle East Oil Supply - April 2012
Middle East Oil Supply - April 2012 5/2/2012 - The Middle Eastís oil production is expected to decline by 0.15 mb/d, to average 1.54 mb/d in 2012, indicating a downward revision of 20 tb/d from the previous month. This adjustment came from the sit...
Yemen Seeks to Increase Chinese Oil, Gas Investments
4/14/2012 - Yemen and China discussed here the possible means to encourage more Chinese companies to invest in the promising oil, gas and minerals sectors in the country. ...
OOCEP to Invest in Yemen Oil Exploration, Production
4/5/2012 - Oman Oil Company Exploration and Production (OOCEP) expressed here on its desire to invest in Yemen in oil exploration and production area. ...
MENA Region Oil Supply - November 2011
MENA Region Oil Supply - November 2011 11/17/2011 - Middle East oil production is forecast to decline by 60 tb/d in 2011 to average 1.72 mb/d, indicating a downward revision of 10 tb/d from the previous monthís evaluation. The downward revision was enc...
Yemen Increases October Price of Masila Blend
8/7/2011 - Yemen raised the price for October shipments of Masila Blend oil, cutting the gradeís discount to 93 cents a barrel less than European benchmark Brent crude, from a $1.47 discount in September, the st...
DNO International Reports Strong First Quarter Results
5/14/2008 - DNO International ASA announced its interim results for the first quarter 2008. DNO reported operating revenues of NOK 422 million (NOK 263 million) and a net profit of NOK 62 million (NOK 19 million)...
Total, Partners to Seek Loans for Yemen LNG Project by March
9/11/2007 - Total SA and its partners plan to secure long-term loans for a $3.7 billion liquefied natural gas project in Yemen by March 2008, a year later than scheduled because of delays in securing gas supplies...

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