Gulf Oil and Gas accountACCOUNT

Investment News

Saudi Arabia Hopes to Lure over $425B in Investments
Saudi Arabia >> 1/29/2019 - Saudi Arabia launched an ambitious programme which it hopes will attract $427 billion in investments in the industrial and logistics sectors, as the Opec group leader bids to reduce dependence on oil....
ExxonMobil to Proceed with New Crude Unit as Part of Beaumont Refinery Expansion
United States >> 1/29/2019 - ExxonMobil has reached a final investment decision and started construction on a new unit at its Beaumont, Texas refinery that will increase crude refining capacity by more than 65 percent, or 250,000...
BP Invests in New Artificial Intelligence Technology
United Kingdom >> 1/28/2019 - BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence (AI) and digital capabilities in its Upstream business. The investment su...
Air Liquide Makes a Strategic Investment in the Production of Decarbonated Hydrogen by Electrolysis
France >> 1/24/2019 - Air Liquide announces that it acquired an 18.6% stake in the capital of the Canadian company Hydrogenics Corporation, a leader in electrolysis hydrogen production equipment and fuel cells. This strate...
Total to Go Ahead with Ikike Oil Project in Nigeria
Nigeria >> 1/21/2019 - French oil group Total will approve plans to proceed with the Ikike project in Nigeria in the coming months, and also aims to expand its liquefied natural gas (LNG) project in the country, CEO Patrick...
Eni's Overall Investments in Egypt Total $13 Billion Since 2015
Eni's Overall Investments in Egypt Total $13 Billion Since 2015 Egypt >> 1/16/2019 - Major Italian oil company Eni has had overall investments of $13 billion in Egypt since 2015, the CEO of the company Claudio Descalzi told Egypt’s President Abdel-Fattah El-Sisi in a meeting in Cairo....
Spirit Energy Gets Approval for Oda Field Start Up
Norway >> 1/7/2019 - The Norwegian authorities have approved the application for start-up of theOda field in the North Sea. Operator Spirit Energy expects start-up in February/March. Total investments for the development ...
Iran to Boost Investment in India
India >> 1/2/2019 - Iran will invest about 15 billion rupees to expand a refinery run by Chennai Petroleum Corp. in south India, the company’s managing director said, amid U.S. sanctions on the Persian Gulf nation that h...
Aramco Signs About $85B Investment Agreements in 2018
Aramco Signs About $85B Investment Agreements in 2018 Saudi Arabia >> 12/27/2018 - In March 2018, Saudi Aramco participated in the Saudi-U.S. CEO Forum held in New York to promote bilateral business and cooperation between the two countries. During this forum, Aramco discussed $10B ...
Gazprom Board of Directors Approves Investment Program & Budget for 2019
Russia >> 12/25/2018 - The Gazprom Board of Directors took note of the information about the Company’s preliminary operating results for 2018 and the projected investment program and budget (financial plan) for 2020–2021. T...
Africa Oil Announces Additional Investment in Impact Oil and Gas
Canada >> 12/20/2018 - Africa Oil Corp. is pleased to announce that it has made further investments of US$20.5 million in Impact Oil and Gas Limited ("Impact"), a private UK company with exploration assets in South and West...
Eni announces the Approval of the Investment Plan for the Merakes Development Project Offshore
Indonesia >> 12/17/2018 - Eni will start with the execution of the Merakes Development Project in Indonesia following the approval received by the Minister of Energy of Indonesia and the authorization for the investment plan s...
Sonangol and BP Agree to Advance BP’s Activities in Angola
Angola >> 12/17/2018 - Angola’s Sonangol and BP signed an agreement to progress to final investment decision the development of the Platina field in deepwater Block 18, offshore Angola. They also agreed to extend the produc...
Brazil's Ouro Preto Cuts Bid for Petrobras Oilfield Clusters
Brazil >> 12/14/2018 - Ouro Preto has cut its bid for two shallow water mature oilfield clusters from Brazil’s state-run oil company Petroleo Brasileiro, flagging a drop in oil prices in recent months, three sources with kn...
OPIC Board Approves More Than $1.3B to Development Projects
OPIC Board Approves More Than $1.3B to Development Projects Egypt >> 12/13/2018 - The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, on Thursday approved more than $1.3 billion in financing and political risk insurance across ...
CNPC Suspends Investment in Iran's South Pars After U.S. Pressure
Iran >> 12/12/2018 - China National Petroleum Corp (CNPC) has suspended investment in Iran’s South Pars natural gas project in response to U.S. pressure and to minimize tensions amid trade talks between Beijing and Washin...
Saudi Arabia Announces 100 Million Euros Aid to Sahel Nations
Mauritania >> 12/7/2018 - Saudi Arabia pledged 100 million euros ($113.7 million) to support priority investment programs in Africa’s Sahel region, the state-run Saudi Press Agency said on Thursday evening. ...
Argentina Announces $2.3B Joint Shale Oil Project with Malaysia's Petronas
Argentina >> 12/5/2018 - Argentina’s state-controlled energy company YPF and Malaysia’s Petronas are forming a joint venture to invest $2.3 billion over the next four years in the country’s Vaca Muerta shale oil fields, the p...
Spanish Interest to Invest in the Oil & Gas Industry in Egypt
Spanish Interest to Invest in the Oil & Gas Industry in Egypt Egypt >> 12/3/2018 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed with the Spanish Ambassador to Egypt, Ramon Gil-Casares, ways of boosting economic relations between the two countries in th...
Hanwha Total Petrochemical Invests in a New Polypropylene Plant
South Korea >> 12/3/2018 - Hanwha Total Petrochemical, a 50/50 joint venture between Total and Hanwha, will invest nearly $500 million to further expand its Daesan integrated refining and petrochemical complex in South Korea. T...

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.