Gulf Oil and Gas accountACCOUNT

Financials and Investment News

Tullow Secures US$3.5 Billion Debt Refinancing
Ghana >> 11/7/2012 - Tullow Oil plc (Tullow) is pleased to announce that it has closed the refinance of US$3.5 billion of Reserves Based Lend (RBL) credit facilities. The arrangements are fully committed, secured and revo...
Saudi Mojil Group Says Shareholders Reject Liquidation
Saudi Arabia >> 11/6/2012 - Shareholders in Mohammed al-Mojil Group (MMG) have rejected the idea of liquidating the construction company, which is burdened by heavy losses and debt. The company's recovery plan include asset sale...
Asia Oil Supply – October 2012
Asia Oil Supply – October 2012 Indonesia >> 11/6/2012 - Oil supply from Other Asia is expected to average 3.62 mb/d in 2012, a minor decline of 10 tb/d from the previous year. Updated production data indicated lower-than-expected output from Brunei, India,...
China Oil Demand in September 2012
China Oil Demand in September 2012 China >> 11/4/2012 - Chinese oil demand weakened this summer to almost a stand-still level. This was caused mainly by the slowdown in the industrial sector, which fell heavily as a result of slower exports. Diesel, fuel o...
FSU and Russia Oil Supply – October 2012
FSU and Russia Oil Supply – October 2012 Russia >> 11/4/2012 - Total FSU oil production is projected to increase by 70 tb/d in 2012 and average 13.30 mb/d, a downward revision of 50 tb/d from the previous month. The forecast experienced two downward revisions on ...
Forecast for Balance of Supply and Demand for 2013– October 2012
Forecast for Balance of Supply and Demand for 2013– October 2012 Austria >> 11/3/2012 - Demand for OPEC crude for 2013 has been revised up by 0.2 mb/d, reflecting the downward revision to non-OPEC supply, as global demand remained unchanged. Within the quarters, the first and second quar...
OECD Pacific Oil Demand in September 2012
OECD Pacific Oil Demand in September 2012 Japan >> 11/2/2012 - In Japan, the latest August monthly data was once more dominated by strong increases in crude and residual fuel oil direct use. The summer’s seasonally higher requirements led to an extra increase in ...
World Oil Supply Forecast for 2013
World Oil Supply Forecast for 2013 Austria >> 11/1/2012 - Non-OPEC oil supply is forecast to increase by 0.89 mb/d in 2013 to average 53.89 mb/d, representing a downward revision of 0.20 mb/d from the previous month. Despite this adjustment, the growth in no...
Middle East Oil Demand in September 2012
Middle East Oil Demand in September 2012 Saudi Arabia >> 11/1/2012 - Oil consumption within the Middle East has been growing by around 0.2 mb/d or 2.8% annually. Most of the growth is attributed to the transport and industrial sectors. Despite a reduction in Iran’s tot...
Asia Pacific Oil Supply - October 2012
Asia Pacific Oil Supply - October 2012 Australia >> 10/31/2012 - Total OECD Pacific oil supply is forecast to decline by 30 tb/d and average 0.54 mb/d in 2012, representing a minor downward revision of less than 10 tb/d compared with the previous month. The forecas...
India & Taiwan Oil Demand in September 2012
India & Taiwan Oil Demand in September 2012 India >> 10/31/2012 - Despite an easing of India’s recent electricity disruptions, the impact on diesel demand could be seen for a second month in a row. As the country tried to cope with the summer heat, excessive demand ...
Forecast for Balance of Supply and Demand for 2012 –October 2012
Forecast for Balance of Supply and Demand for 2012 –October 2012 Austria >> 10/30/2012 - Demand for OPEC crude for 2012 is projected to average 30.1 mb/d, representing an upward revision of 0.2 mb/d from the previous month, driven by the upward adjustment in demand combined with the downw...
UAE's Dana Gas will not Repay $920 Mln Sukuk on Maturity
UAE's Dana Gas will not Repay $920 Mln Sukuk on Maturity United Arab Emirates >> 10/30/2012 - Dana Gas, the United Arab Emirates' largest listed natural gas firm, will not repay a $920 million convertible Islamic bond when it matures and has reached a standstill agreement with bondholders, thr...
Middle East Oil Supply - October 2012
Middle East Oil Supply - October 2012 Bahrain >> 10/29/2012 - Middle East oil production is estimated to decline by 0.16 mb/d in 2012 to average 1.54 mb/d, an upward revision of 10 tb/d from the last month. Bahrain’s supply experienced a minor downward revision,...
Taqa Hires 10 Banks to Arrange the Revolving Credits
Taqa Hires 10 Banks to Arrange the Revolving Credits United Arab Emirates >> 10/26/2012 - Abu Dhabi National Energy Co. (TAQA), the state-controlled power and oil producer known as Taqa, hired 10 banks led by Bank of Tokyo-Mitsubishi UFJ Ltd. to arrange $2 billion of credit lines to refina...
Caspian and China Oil Supply – October 2012
Caspian and China Oil Supply – October 2012 Kazakhstan >> 10/25/2012 - Kazakh oil supply is forecast to decline by 20 tb/d in 2012 to average 1.58 mb/d, indicating a downward revision of 30 tb/d from the previous month. This revision came on the back of updated productio...
Iran Will Respond to New Sanctions
Iran >> 10/24/2012 - Iran’s ministry of petroleum spokesman says the country will reciprocate against any new West’s sanctions. ...
Africa Oil Supply - October 2012
Africa Oil Supply - October 2012 Ghana >> 10/23/2012 - African oil supply is forecast to decline by 0.23 mb/d in 2012 to average 2.36 mb/d, unchanged from the previous MOMR. Despite this steady state, there were a few upward and downward revisions to indi...
Trends in Selected Commodity Markets - September 2012
Trends in Selected Commodity Markets - September 2012 Austria >> 10/22/2012 - In September 2012, energy and non-energy prices rose by 0.8% and 1.5% respectively. Food prices eased by, 1.2% but base metals boomed by 9%, as did gold by 7%. Macroeconomic uncertainty, especially co...
Investment Flows into Commodity Markets in September 2012
Investment Flows into Commodity Markets in September 2012 Austria >> 10/21/2012 - Total open interest volume (OIV) in major commodity markets in the US rose by 1.6% m-o m to 8,159,102 contracts in September compared to a 0.2% drop in the previous month. OIV in precious metals repor...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.