| Libya >> 6/25/2014 - Libya's central bank is proposing issuing Islamic bonds to help fund the budget and offset a loss of oil revenues which could create a deficit of $25 billion this year, the bank's spokesman said. ... |
| New Zealand >> 6/20/2014 - Mosman Oil and Gas Limited has raised circa £3,000,000 by way of the placing of 13,043,474 new ordinary shares in the capital of the Company ("New Ordinary Shares") at 23p per share (AUD 0.41 per shar... |
| Nigeria >> 6/17/2014 - The Board of Directors of the African Development Bank (AfDB) approved on 13 June 2014 a loan of USD 300 million to Dangote Industries Limited for the construction and operation of a greenfield crude ... |
| Ivory Coast (Cote D'Ivoire) >> 6/16/2014 - Orange and the BNP Paribas group offer retail banking customers in Africa direct access between their BNP Paribas account and their Orange Money account through their mobile phones. This new service i... |
| India >> 6/13/2014 - India should impose a tax on fuel sales to fund refinery upgrades for cleaner fuels so that vehicles can eliminate cancer-causing particle emissions, a government panel said. ... |
| Libya >> 6/12/2014 - Libya's government urged the central bank to release a special multi-billion-dollar reserve fund accumulated from past oil sales to help offset a precipitous loss of crude revenues that has crippled s... |
| Austria >> 6/12/2014 - Crude Oil Price Movements The OPEC Reference Basket increased by $1.17 to stand at $105.44/b in May amid firming sentiment in the crude oil market. ICE Brent rose $1.15 to $109.24/b, whil... |
| Austria >> 6/12/2014 - Demand for OPEC crude in 2013 remained unchanged from the previous report
to stand at 30.1 mb/d, which is 0.4 mb/d lower than the 2012 level. Demand for
OPEC crude in 2014 also experienced a downwar... |
| Tanzania >> 6/9/2014 - A Tanzanian unit of Australia's Swala Energy Ltd is selling an almost 10 percent stake worth 4.8 billion shillings ($3.52 million) in an initial public offering on the east African nation's newly laun... |
| Kenya >> 6/2/2014 - FAR Ltd (FAR) is pleased to announce an equity raising placement which is expected to raise $8
million before expenses. The placement was arranged by Bell Potter Securities Limited (Bell Potter) as L... |
| Canada >> 5/27/2014 - Canacol Energy Ltd has closed a bought deal equity financing announced on May 6, 2014. The Corporation issued 15,823,000 common shares of Canacol at a price of $7.90 per Common Share for gross proceed... |
| Australia >> 5/27/2014 - Bengal Energy Ltd is pleased to announce that it has signed an indicative term sheet for a US $20.0 million secured credit facility with a leading Australian commercial bank (the “Lender”), and provid... |
| Australia >> 5/27/2014 - WHL Energy Limited has completed a financing agreement to raise A$3.2 million. The capital raised via the cash advance term loan facility will be utilised to fund WHL Energy’s ongoing activities inclu... |
| Iraq >> 5/23/2014 - Revenues from the first sale of oil piped from Iraqi Kurdistan will be deposited in Turkey's Halkbank, the autonomous region's government said in a statement. ... |
| Nigeria >> 5/21/2014 - Lekoil has conditionally raised gross proceeds of approximately US$37.7 million (approximately £22.4 million) through the placing of 33,000,000 new Ordinary Shares at a placing price of 67.75 pence pe... |
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Saudi Arabia >> 5/18/2014 - Saudi Aramco, the state-owned firm of the world's largest oil exporter, said its downstream investments would exceed $100 billion over the next decade, as global demand for oil rises by a quarter in t... |
| Guinea >> 5/16/2014 - Hyperdynamics Corporation announced the settlement of litigation in London involving AGR Well Management Ltd. AGR provided project management services for Hyperdynamics' subsidiary, SCS Corporation L... |
| Saudi Arabia >> 5/14/2014 - The expansion of a petrochemicals complex in Saudi Arabia owned by Saudi Aramco and Sumitomo Chemical is now expected to cost 32 billion riyals ($8.5 billion), higher than previously estimated, the jo... |
| Iraq >> 5/14/2014 - Oil explorer Gulf Keystone Petroleum warned a lag in payments for crude from its Shaikan oil field in Iraqi Kurdistan meant its revenue outlook was uncertain as it is still owed $24 million for oil sa... |
| Austria >> 5/13/2014 - Crude Oil Price Movements The OPEC Reference Basket in April increased 12¢ to $104.27/b, amid marginal improvements in most component values. Crude prices were supported by firmer refin... |
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