Gulf Oil and Gas accountACCOUNT

Financials and Investment News

Tanzania Tax Authority Plans to Review Mining & Gas Contracts
Tanzania >> 9/8/2014 - Tanzania's tax authority has scrapped plans to review mining and gas contracts, after its announcement of the move last week rattled investors in the east African country's rich gold and natural gas r...
No Restrictions for Iran-Russia Cooperation
Iran >> 9/6/2014 - -Iran’s Petroleum Minister Bijan Namdar Zanganeh has said that Tehran-Moscow economic cooperation faces no restrictions. ...
Kuwait Energy Keen to Invest More in Iraq
Kuwait Energy Keen to Invest More in Iraq Iraq >> 8/26/2014 - The recent flare-up of violence in Iraq is past its worst and Kuwait Energy is keen to invest more in the country because of its potential, Chief Executive Sara Akbar said. ...
Aramco Plans to Invest $40b A Year For The Next Decade
Aramco Plans to Invest $40b A Year For The Next Decade Saudi Arabia >> 8/25/2014 - Saudi Aramco, the world's biggest oil producer, plans to invest $40 billion a year over the next decade to keep oil production capacity steady and double gas production, Chief Executive Khalid Al-Fali...
Balance of Supply and Demand Forecast for 2014 - August 14
Balance of Supply and Demand Forecast for 2014 - August 14 Austria >> 8/21/2014 - Demand for OPEC crude in 2014 was revised down by 0.1 mb/d from the previous report, reflecting the upward adjustment of non-OPEC supply as well as the downward revision in global demand. The 3Q saw t...
KOGAS to Invest $4.9 Bln in Zubair Oil Project
Iraq >> 8/18/2014 - Korea Gas Corp will invest 4.99 trillion Korean won ($4.9 billion) in Iraq's Zubair oil project, the state-run South Korean gas company said in a filing to the stock exchange. ...
Brazil May Raise Fuel Prices by Up to 6 Percent
Brazil >> 8/11/2014 - The Brazilian government could increase domestic fuel prices at refineries by up to 6 percent after the October presidential election, a senior government source told Reuters. ...
Balance of Supply and Demand - August 14
Austria >> 8/11/2014 - Demand for OPEC crude in 2014 was revised down by 0.1 mb/d from the previous report to stand at 29.6 mb/d. In 2015, demand for OPEC crude is expected to remain unchanged to average 29.4 mb/d.

...
Oil Market Highlights - August 14
Austria >> 8/11/2014 - Crude Oil Price Movements
The OPEC Reference Basket fell by $2.28 to $105.61/b in July amid easing worries about supply disruptions and weaker-than-expected refinery crude demand in Asia ...
Monthly Inflation Rate Highest since 2008
Egypt >> 8/10/2014 - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the monthly rate of inflation in July reached 3.3 percent, compared to June. ...
Petrobras Profit Slumps as Imports, Price Gains
Brazil >> 8/9/2014 - Profit at Brazilian state-run oil company Petrobras slumped 20 percent in the second quarter from a year earlier, as rising fuel imports, debt costs and operating expenses offset higher output and pri...
China under Pressure Pushes Plan to Ease South China Sea Tensions
China >> 8/7/2014 - China will come under the most concerted diplomatic pressure yet to rein in its assertive moves in the disputed South China Sea when the United States uses a regional security meeting this weekend to ...
Dana Gas Recover Overdue Egypt Payments by 2018
Egypt >> 8/6/2014 - UAE energy firm Dana Gas expects to recover the vast majority of overdue payments which the Egyptian government owes it by 2018, group chief executive Patrick Allman-Ward said. ...
SONAGAS Signs Umbrella Agreement with BG
Equatorial Guinea >> 8/5/2014 - The Government of Equatorial Guinea is pleased to announce that through its Ministry of Mines, Industry and Energy and Sociedad Nacional de Gas de Guinea Ecuatorial (SONAGAS G.E.), it signed an Umbrel...
BW Offshore Completed $800m Bank Loan
United Kingdom >> 8/5/2014 - BW Offshore has signed the facility documentation for the new USD 800 million ten year senior secured credit facility for the Catcher FPSO project. The facility is a combined construction and long ter...
Historic Energy Overhaul Advances in Mexican Congress
Mexico >> 8/2/2014 - Mexico's lower house of Congress passed early the last package of bills needed to implement a landmark energy reform, moving the reform one step closer to final approval. ...
Loan Insurance for Petrobras to the FPSO Hulls Project
Brazil >> 8/2/2014 - Nippon Export and Investment Insurance (NEXI) has decided to provide insurance for loans in relation to engineering, procurement and construction (EPC) contracts for the construction and conversion of...
ANP Fines Petrobras Again over Output Measures
Brazil >> 8/1/2014 - Brazil's oil regulator, ANP fined Petroleo Brasileiro SA 7 million reais ($3.10 million) for not regulating the system to measure gas output at the Cherne-1 platform. ...
Novatek Says Sanctions Strain Funding for Yamal LNG
Russia >> 7/31/2014 - Western sanctions will force foreign shareholders to dig deeper in their pockets to fund Russia's Yamal LNG project, key for Moscow's plans to carve out a greater share of the frozen sea-borne gas mar...
Tangiers Petroleum Requests Trading Halt
Morocco >> 7/31/2014 - Tangiers Petroleum Limited advises that it has requested a trading halt of the Company's securities on both ASX and AIM due to pending results from the TAO-1 exploration well. The Company expects the...

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.