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Saudi Arabia's SABIC Looking at Investing in U.S.
United States >> 12/6/2017 - Petrochemicals company Saudi Basic Industries Corp 2010.SE is considering several possible investments in the United States, while state oil giant Saudi Aramco is looking at gas prospects abroad, Saud...
Chevron Announces $18.3 Billion Capital and Exploratory Budget for 2018
United States >> 12/6/2017 - Chevron Corporation announced a 2018 capital and exploratory spending program of $18.3 billion. This figure includes $5.5 billion for the company’s share of expenditures by affiliated companies. ...
Exxon Eyes Egypt's Offshore Oil and Gas
Exxon Eyes Egypt's Offshore Oil and Gas Egypt >> 12/4/2017 - Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, officials and industry sources said. ...
ADX Secures US$2 Million Investment to Commence Romanian Appraisal Program
Romania >> 12/4/2017 - ADX Energy has signed an agreement with Reabold Resources to invest US$2 million in the recently incorporated Danube Petroleum, currently a wholly-owned ADX subsidiary, which (upon completion of trans...
Uzbekistan Apt to Fund Petchem Projects in Iran
Iran >> 12/2/2017 - A senior Iranian petrochemical official says Uzbekistan has signaled willingness to invest in Iran's petrochemical projects especially in methanol-to-olefin ones. Uzbekistan apt to Fund Petchem Proje...
DUC Partners Approve Largest ever Danish North Sea Investment
Denmark >> 12/1/2017 - Maersk Oil announces that the Danish Underground Consortium (DUC) has approved an investment of approximately 21bn DKK in the full redevelopment of the Tyra gas field. The announcement follows the Dan...
Lukoil Takes Final Investment Decision on Delayed Coker at Nizhny Novgorod Refinery
United Kingdom >> 11/30/2017 - PJSC LUKOIL announces that the final investment decision on the delayed coker complex at Nizhny Novgorod refinery was taken. The complex includes the construction of the delayed coker unit itself, the...
Wood and Saudi Aramco Sign MoU Supporting In-country Opportunities
Saudi Arabia >> 11/29/2017 - Wood has entered into a Memorandum of Understanding (MoU) with Saudi Aramco, signalling its continued commitment to creating and accelerating opportunities for local workforces in the Kingdom of Saudi...
Alexey Miller Briefs Vladimir Putin on Gazprom’s Preliminary Results for 2017
Russia >> 11/28/2017 - A working meeting took place today between Vladimir Putin, President of the Russian Federation, and Alexey Miller, Chairman of the Gazprom Management Committee. Alexey Miller briefed Vladimir Putin on...
SPC Approves Key Strategic Investments as ADNOC Expands 2030 Strategy
SPC Approves Key Strategic Investments as ADNOC Expands 2030 Strategy United Arab Emirates >> 11/27/2017 - The Supreme Petroleum Council (SPC), presided over by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Vice-Chairman ...
Iraq Offers Nine Oil and Gas Blocks for Exploration near Iran, Kuwait Borders
Iraq >> 11/26/2017 - Iraq will invite foreign energy firms to bid for the exploration and development of nine new oil and gas blocks bordering Iran and Kuwait, the oil ministry said in a statement. ...
Angus Energy Raises £3,000,000 via Private Placement
United Kingdom >> 11/23/2017 - Angus Energy Plc, a conventional oil and gas production and development company, has successfully raised £3,000,000 (gross) by means of a private placement with institutional and private investors.
Gazprom Management Committee Approves Investment Program & Budget for 2018
Russia >> 11/23/2017 - The Gazprom Management Committee took note of the information about the Company’s preliminary operating results for 2017 and the projected investment program and budget (financial plan) for 2019–2020....
Colombia's Ecopetrol to invest up to $4 bln in 2018
Colombia >> 11/22/2017 - Colombia’s state-run oil company Ecopetrol said on Wednesday it would invest between $3.5 billion and $4 billion during 2018, the majority in production and exploration projects. ...
Bolivia Signs $1.6 bln in Gas Deals with Repsol and Petrobras
Bolivia >> 11/22/2017 - Bolivia’s government on Tuesday signed natural gas development deals with Spain’s Repsol, Brazil’s Petrobras, and Royal Dutch Shell that are expected to bring nearly $1.6 billion in investment into th...
NNPC & Chevron Signed $1.7B Deal to Increase Production
Nigeria >> 11/20/2017 - Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement that would increase crude oil production...
Iraq has Promising Opportunities for the Oil & Gas Investment
Iraq >> 11/19/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil confirmed that Iraq has many promising opportunities in the oil & energy sector. And both the government & the ministry of oil are keen to prepare ...
EU Plus Norway Stock Movements - November 2017
EU Plus Norway Stock Movements - November 2017 Norway >> 11/16/2017 - Preliminary data for September showed that total European stocks fell by 11.8 mb reversing the build of last two months. At 1,133 mb, European stocks were 16.2 mb, or 1.4%, lower than the same time a ...
Stock Movements - November 2017
Austria >> 11/13/2017 - OECD commercial oil stocks fell by 23.6 mb in September to stand at 2,985 mb, which was around 154 mb above the latest five-year average. Crude and products indicated surpluses of 129 mb and 25 mb ab...
Shell Upsizes Sell Down of Shares in Woodside
Netherlands Antilles >> 11/13/2017 - Further to the announcement on November 13, 2017, Royal Dutch Shell plc (“Shell”) confirms that, following strong demand from institutional investors, Shell Energy Holdings Australia Limited (“SEHAL”)...

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