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Exxon Mobil Interested in Working in Algeria, Sonatrach CEO says
Algeria >> 3/6/2018 - U.S. oil major Exxon Mobil Corp has shown an interest in working in Algeria, the head of state energy firm Sonatrach said. ...
Letter of Cooperation Signed Between Petropars and Bank Tejarat
Iran >> 3/4/2018 - Petropars signed a Letter of Cooperation with Bank Tejarat to utilize domestic resources for the execution of national projects. A report released by the Public Relations and International Affairs Dep...
Reabold Resources Announces Increased Investment in Corallian Energy
United Kingdom >> 3/1/2018 - Reabold Resources, the investor in pre-cash flow upstream oil and gas projects, provides an update on its investment in Corallian Energy Limited. ...
Lukoil & Nenets Autonomous District Identify Areas of Cooperation for 2018
Russia >> 3/1/2018 - President of LUKOIL Vagit Alekperov and Alexander Tsybulsky, interim Governor of the Nenets Autonomous District signed the Protocol to the Cooperation Agreement for 2018 between the company and the re...
Santos GLNG to Invest $900M in Queensland Gas Fields in 2018
Australia >> 2/27/2018 - Santos and our GLNG partners will make a massive capital investment of $900 million in upstream developments in the Maranoa, Western Downs, Central Highlands and Banana regions this year. ...
MHI Completes Investment in Orano
Japan >> 2/27/2018 - Mitsubishi Heavy Industries, Ltd. (MHI) has completed investment into Orano, a newly formed company created as part of the reorganization of the AREVA Group. Orano primarily focuses on the fuel cycle ...
Wood Brings Space Technology to Nuclear Decommissioning
United Kingdom >> 2/19/2018 - Wood is leading research to make nuclear decommissioning safer, faster and more cost-effective by innovatively applying new technologies developed in space exploration, car production and medicine. ...
Gazprom Neft is Developing Requriements for an Industry-Wide Air-Quality Monitoring System
Russia >> 2/15/2018 - Gazprom Neft, the Federal Service for the Supervision of Natural Resources Usage (Rosprirodnadzor) and the Ministry of Communications and Mass Media of the Russian Federation have signed an agreement ...
Egypt's Petroleum Ministry & Baker Hughes Sign Cooperation Agreement
Egypt's Petroleum Ministry & Baker Hughes Sign Cooperation Agreement Egypt >> 2/13/2018 - The Egyptian Petroleum Ministry signed an agreement with Baker Hughes, a GE company, to establish an online portal to promote Egypt's oil and gas exploration zones in a bid to attract foreign investme...
President Sisi Inaugurates Second Edition of Egypt Petroleum Show
President Sisi Inaugurates Second Edition of Egypt Petroleum Show Egypt >> 2/12/2018 - President Abdel-Fattah El-Sisi inaugurated the second edition of the Egypt Petroleum Show (EGYPS), which brings together oil and gas industry executives and policy makers to showcase investment opport...
Energy Group DEA to Invest $500M in Egypt Oilfields
Energy Group DEA to Invest $500M in Egypt Oilfields Egypt >> 2/11/2018 - Energy group DEA plans to invest nearly $500 million in developing its oilfields in Egypt over the next three years, its chief executive office said. ...
Algeria's Sonatrach to Invest $56 bln from 2018 to 2022
Algeria >> 2/8/2018 - Algerian state energy firm Sonatrach will invest $56 billion from 2018 to 2022, its chief executive said. “We will give more details very soon,” Abdelmoumen Ould Kaddour told reporters during a visit ...
Adnoc to Invest $3.1B for Ruwais Refinery Upgrade
Adnoc to Invest $3.1B for Ruwais Refinery Upgrade United Arab Emirates >> 2/7/2018 - A US $3.1 billion project to introduce crude processing flexibility, at the Abu Dhabi National Oil Company (ADNOC) owned Ruwais oil refinery, was announced. ...
Egypt & Kuwait Talk for Investment Opportunities
Egypt & Kuwait Talk for Investment Opportunities Egypt >> 2/5/2018 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources recieved Dr. Abby Badawi, CEO of Kuwait Energy Company and Eng. Manssour Aboukhamseen, Executive chairman of the company, as well as En...
NIGC Marks Revolution Anniversary with $3b Gas Projects
Iran >> 2/5/2018 - Managing director of National Iranian Gas Company (NIGC) Hamid-Reza Araghi said his company has planned to break grounds or launch gas projects with a total investment of IRR 120 billion (roughly $3b)...
$500mn Envisaged in Dey, Sefid Zakhour
Iran >> 2/4/2018 - The Dey and Sefid Zakhour fields in Iran are among newly discovered gas reservoirs. The close distance between the two fields has led officials to consider their development together. The duo currentl...
Sumar Field Up for Investment
Iran >> 2/2/2018 - Sumar oil field, which was discovered in 2009 in the western province of Kermanshah, is jointly owned by Iran and Iraq. Sumar holds 475 million barrels of crude oil in place, 70 million barrels of whi...
Severstal Announces 2018 Capital Investment Programme
Russia >> 2/1/2018 - PAO Severstal ("Severstal"; "the Company"), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its capital investment programme for 2018. ...
ADNOC to Expand Partnerships with Chinese Energy, Technology and Chemical Companies
United Arab Emirates >> 1/31/2018 - His Excellency Dr Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, has held a series of meetings with government and corporate leaders in Beijing, focused on strengthening the strategic rel...
Iraq Attracts Global Investments to Develop its Oil Industry
Iraq >> 1/30/2018 - The minister of oil confirmed on the Iraqi keenness to invest its oil & gas wealth perfectly to support the national economy. ...

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