Gulf Oil and Gas accountACCOUNT

Financials and Investment News

Jacka Resources Announces A$14.2 Million Placement
Tunisia >> 2/24/2012 - Jacka Resources Limited is pleased to announce an agreement to raise a $14.2 Million via a two tranche placement (“Placement”) of approximately 105 million fully paid ordinary shares with one (1) free...
BPCL to Up Saudi Imports in FY13, Cut Iran Volumes
Saudi Arabia >> 2/22/2012 - Bharat Petroleum Corp (BPCL), India's second-biggest state refiner, is seeking a 27 percent increase in its oil deal with Saudi Arabia for 2012/13 from the previous year to replace a cut in imports fr...
Madagascar Oil Subscribed $26.5 Milion Placing
Madagascar >> 2/22/2012 - Madagascar Oil is pleased to announce it has successfully raised, through Mirabaud Securities LLP and GMP Securities Europe LLP, gross proceeds of approximately US$26.5 million (based on the prevailin...
Iran Ready to Increase Swap at Caspian
Iran >> 2/20/2012 - Managing director of the Iranian Oil Terminals Company (IOTC), Pirouz Mousavi said to increase the oil swap from north oil terminal necessary steps has been taken and all desired infrastructures have ...
Saudi Slowed Crude Oil Production Exports in December
Saudi Arabia >> 2/19/2012 - Saudi Arabia (OPCRSAUD), OPEC’s largest crude producer, reduced oil output and exports in December from November when it produced the most in more than 30 years, according to the Joint Organization Da...
Oil Market Highlights - Feb 12
Austria >> 2/9/2012 - - The OPEC Reference Basket averaged $111.76/b in January, representing a gain of $4.42 or 4.1% over the previous month. Prices were on an upward trend heading into January, supported by bullish and b...
Recent Narrowing of Light/Heavy Spreads - Feb 12
Austria >> 2/9/2012 - Light/heavy crude oil spreads tightened sharply over the past several weeks in favour of heavy crudes. Brent has been trading just $1.50/b above Dubai, less than half the premium three months ago, and...
Crude Oil Price Movements - Feb 12
Austria >> 2/9/2012 - OPEC Reference Basket
In January, the OPEC Reference Basket increased to $111.76/b, the highest monthly average since April. The rise in the Basket in January, a trend that had started in ...
Commodity Markets - Feb 12
Austria >> 2/9/2012 - Trends in selected commodity markets
The World Bank (WB) index for non-energy commodities increased by 2.9% m-o-m in January, reversing the 2.7% drop in December. This was supported mostly...
World Economy - Feb 12
Austria >> 2/9/2012 - Industrialised countries
US
The US economy continues its recovery. The recently announced preliminary 4Q11 GDP of 2.8% marks the highest level of quarterly growth of the previo...
World Oil Demand - Feb 12
Austria >> 2/9/2012 - World oil demand
Recent economic setbacks have pushed the future forecast of world oil demand further down. Worries about the US economy, along with the EU debt problem, are adding more un...
World Oil Supply - Feb 12
Austria >> 2/9/2012 - Non-OPEC
Estimate for 2011
Non-OPEC oil supply is estimated to have averaged 52.40 mb/d in 2011, an increase of 0.10 mb/d over the previous year, indicating a downward revision...
Product Markets and Refinery Operations - Feb 12
Austria >> 2/9/2012 - Tighter supply, following the closure of several refineries in the Atlantic Basin, caused product markets to exhibit a sharp recovery in January, despite weak demand in the region. This situation, alo...
Tanker Market - Feb 12
Austria >> 2/9/2012 - Global fixtures increased by 15.6% in January, compared with the previous month. OPEC spot fixtures were up by 1.7 mb/d, or 16%, and averaged 12.4 mb/d, according to preliminary data. The gain in OPEC...
Stock Movements - Feb 12
Austria >> 2/9/2012 - US
US commercial oil stocks reversed the falls of the last four months and rose by 11.5 mb to end January at 1,055.8 mb. Despite this build, they remained 21.0 mb, or 2.0%, below the same ...
Balance of Supply and Demand - Feb 12
Austria >> 2/9/2012 - Estimate for 2011
Demand for OPEC crude for 2011 remained unchanged from the previous assessment, as both non-OPEC supply and world oil demand saw a similar downward adjustment of around 2...
Iran Will Replace EU Oil Customers Easily
Iran >> 1/25/2012 - The statement read: By imposing new sanctions against Iran’s oil, EU has decided to use oil, which is a non-political means, to achieve its political aims, a decision that will have some consequences,...
PA Resources to Recognise SEK 1,750 – 1,850 Million
Congo >> 1/23/2012 - The oil and gas group PA Resources will recognise non-cash, one-off costs in the form of impairment and write-downs of approximately SEK 1,750 - 1,850 million net after taxes in the financial result f...
EU Sanctions Against Iran
Iran >> 1/23/2012 - Here is an outline of EU sanctions against Iran over its nuclear program. New sanctions were imposed Monday. ...
Iraq Oil Exports Up 3.7% in December
Iraq >> 1/23/2012 - Iraq, which is seeking to boost crude exports to rebuild its economy, said oil shipments climbed 3.7 percent in December to 66.5 million barrels, generating the highest revenue in four months, $7.06 b...

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 © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.