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SEC Terminates Cobalt International Investigation
Angola >> 1/28/2015 - Cobalt International Energy, Inc. (Cobalt) has received a termination letter from the United States Securities and Exchange Commission (SEC) advising Cobalt that the SEC’s FCPA investigation relating ...
Transnet Plans $853m South African Oil, Gas Service Port
South Africa >> 1/27/2015 - Transnet SOC Ltd., South Africa’s state-owned logistics company, said it would develop a service facility for the oil and gas industry at the port of Saldanha Bay in the country’s Western Cape provinc...
Naftal Considers Creation of Refinery, Industrial Oils
Algeria >> 1/17/2015 - The national Company of Marketing and Distribution of Petroleum Products (NAFTAL) considers setting up a refinery unit for used industrial oils which are, until now, exported, said Thursday in Algiers...
Iraqi Oil Minister Due in Iran for Oil & Gas Talks
Iran >> 1/11/2015 - Iraqi Oil Minister Adil Abd Al-Mahdi will arrive in Tehran to discuss ways to boost bilateral ties in oil and gas sectors, the IRNA News Agency reported. ...
Council of Ministers Adopts 5 Presidential Decrees
Algeria >> 12/31/2014 - The Council of Ministers examined and adopted five draft presidential decrees on hydrocarbons, during a meeting chaired Tuesday by President of the Republic Abdelaziz Bouteflika. ...
Wintershall Halts Oil Production in Libya
Libya >> 12/29/2014 - Wintershall again had to suspend onshore production in concessions C96 and C97 until further notice. With armed hostilities taking place at more and more oil export facilities, the Libyan National Oil...
CNPC Prepares Tender in Turkmenistan
Turkmenistan >> 12/26/2014 - Turkmenistan , A branch of the China National Petroleum Corporation (CNPC) announced a prequalification process for a tender. ...
China & Kazakhstan to Sign $10 bln in Oil, Infrastructure Deals
China >> 12/14/2014 - China is expected to sign 30 cooperative agreements worth $10 billion with Kazakhstan as Premier Li Keqiang begins his first official visit to the country, the official Xinhua news agency said. Xinhua...
Indonesia Energy Regulator Sees 2015 Upstream Spending at $22 billion
Indonesia >> 12/14/2014 - Indonesia expects spending in its upstream oil and gas sector to reach $22.2 billion in 2015, a senior official at the upstream regulator SKKMigas said, 13 percent less than the amount budgeted for th...
Tempo Australia Lands Trade Labor Resources Deal with Santos
Australia >> 12/8/2014 - Tempo Australia Limited announced that its subsidiary, Tempo Construction & Maintenance Pty Ltd, has been awarded a three-year general services contract with Santos Limited for trade labour resources,...
Oilfield Standoff Mirrors Libya's Conflict
Libya >> 12/8/2014 - Deep in Libya's southern Sahara, men in army uniforms guard a pipeline at the El Sharara oilfield. Hundreds of kilometers to the north, rival fighters turn off the pumps to stop the oil flowing. ...
Atlas Development Expands Operations into Mozambique
Mozambique >> 12/3/2014 - Atlas Development & Support Services Limited, the African focussed support services and logistics company, is pleased to announce that, in line with its expansion strategy for East Africa, it has been...
OPEC Oil Output Drops as Libyan Recovery Falters
Libya >> 12/2/2014 - OPEC's oil supply in November fell by 340,000 barrels per day (bpd) as a recovery in Libya faltered, a Reuters survey found, although a lack of deliberate cutbacks by Saudi Arabia and other key member...
Gabon's Oil Workers Strike
Gabon >> 12/2/2014 - Oil workers in Gabon began an open-ended, industry-wide strike night after talks with the government collapsed, union ONEP said, and long queues formed at gas stations on fear of shortages. ...
Roxi Petroleum Provides Operational Update
Kazakhstan >> 12/1/2014 - Operational Update

Roxi, the Central Asian oil and gas com...
Libya Rival Govt Warns Buyers against Bypassing Noc
Libya >> 11/27/2014 - Libya's parallel government controlling the capital will take legal action against buyers of oil bypassing the Tripoli-based state oil firm National Oil Corporation (NOC), its oil ministry said. ...
Egypt Expects 25% Savings on Fuel Subsidies, Cheaper Oil
Egypt >> 11/27/2014 - Egypt expects to spend 25 percent less than budgeted for on fuel subsidies this fiscal year due to a fall in crude oil prices, a top oil ministry official said, offering help to the government's effor...
Petchems Lift Saudi Arabia, Egypt Up
Egypt >> 11/20/2014 - Saudi Arabia's stock index edged up in early trade after oil prices appeared to stabilise, while Egypt's bourse continued to recover from a bout of profit-taking. ...
OPEC Remove Crude Pumping above the Agreed Target
Libya >> 11/19/2014 - OPEC will agree as a minimum step to remove crude from the market that it is pumping above the agreed target, a Libyan oil official said, to support prices that hit a four-year low. ...
Egypt to Host 2015 Oil & Gas Summit next February
Egypt >> 11/18/2014 - Egypt will host the 2015 Oil & Gas summit next February, where key operators and well-established international companies will gather to discuss Egypt’s upstream, midstream and downstream industry acc...

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