United Arab Emirates >> 3/17/2014 - The Tokyo Commodity Exchange (TOCOM) and the Dubai Mercantile Exchange (DME) have signed a memorandum of understanding for the development of energy contracts, such as crude oil, the Japanese commodit... |
Colombia >> 3/17/2014 - Canacol Energy Ltd has entered into discussions to upsize its existing senior secured term loan with a syndicate of banks led by Credit Suisse as Lead Arranger, Sole Bookrunner and Administrative Agen... |
Austria >> 3/12/2014 - Crude Oil Price Movements The OPEC Reference Basket edged up 70¢ to settle slightly above $105/b in February, as cold weather, supply disruptions and geopolitical factors helped to push o... |
Austria >> 3/12/2014 - Demand for OPEC crude was revised up by 0.1 mb/d from the previous report for
both 2013 and 2014. The demand for OPEC crude is estimated at 30.0 mb/d in
2013, representing a decrease of 0.5 mb/d fro... |
Western Sahara >> 3/12/2014 - Norway's sovereign wealth fund is examining the operations of oil firm Total in Western Sahara, a disputed region of North Africa with a history of human rights abuses, to ascertain whether its activi... |
Nigeria >> 3/11/2014 - Seplat plans to raise at least $500 million by floating shares on the London and Nigerian stock exchanges to pay down debt and fund acquisitions, it said. ... |
Egypt >> 3/6/2014 - Egypt is enhancing exploration terms and striving to repay nearly $5 billion it owes to foreign oil and gas producers as it struggles to prevent them fleeing to more promising prospects elsewhere in A... |
Nigeria >> 2/27/2014 - Eland Oil & Gas PLC, an oil & gas development and exploration company operating in West Africa with an initial focus on Nigeria, is pleased to announce that it has extended its US$22 million loan faci... |
Libya >> 2/24/2014 - Libya has put some government departments under special spending rules as a slump in oil revenue has hampered drafting a budget for this year, officials and experts said, highlighting the dire situati... |
Gabon >> 2/21/2014 - Gabon's government has told French oil major Total's local subsidiary to pay $805 million in taxes it owes for 2008 to 2010, in a case watched closely by potential new investors in the West African co... |
Iraq >> 2/19/2014 - Lukoil Russia's No.2 oil producer, posted worse-than-expected net profit in 2013, hit by write-offs at some major projects it once touted as the breakthrough finds to boost earnings. ... |
Poland >> 2/12/2014 - San Leon Energy plc has signed a Letter of Intent (“LOI”) with Baker Hughes Poland Sp. z o.o. (“Baker”) to jointly begin to develop the Siekierki Gas Field1 in Poland, including Polish Concessions 206... |
Austria >> 2/12/2014 - Crude Oil Price Movements The OPEC Reference Basket declined by almost $3 to $104.71/b in January amid bearish sentiment. ICE Brent futures dropped 3.2% to $107.11/b following a 2.5% gain... |
Austria >> 2/12/2014 - Demand for OPEC crude remained unchanged in 2013 and 2014, however some
upward revisions were observed during 4Q13. The demand for OPEC crude is
estimated at 29.9 mb/d in 2013, representing a decrea... |
Papua-New Guinea >> 2/6/2014 - Papua New Guinea has decided to raise A$1.68 billion ($1.48 billion) to pay off a bond it issued to Abu Dhabi in 2009 instead of giving up a strategic stake in oil and gas producer Oil Search, a sourc... |
Nigeria >> 1/28/2014 - Oando Energy Resources Inc, a company focused on oil and gas exploration and production in Nigeria , announced that it intends to complete an arms length non-brokered private placement (the "Offering"... |
Cameroon >> 1/24/2014 - Victoria Oil & Gas Plc announces that the Company and its operating subsidiary, Gaz du Cameroun SA ("GDC") have signed a Settlement Agreement with RSM Production Corporation ("RSM") in relation to the... |
Iraq >> 1/19/2014 - Iraq cannot finance its projected 2014 budget deficit unless the northern Kurdistan region pays its oil export revenue into the national treasury - or loses its share of state spending, a senior lawma... |
Algeria >> 1/18/2014 - Italian energy company Eni said there was no evidence to suggest it was involved in illegal conduct while working in the Algerian energy sector. ... |
Austria >> 1/16/2014 - The demand for OPEC crude in 2013 is estimated at 29.9 mb/d in 2013,
representing a decrease of 0.5 mb/d from a year earlier and unchanged from the
previous report. In 2014, required OPEC crude is f... |
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