| 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. ... |
| 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... |
| 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... |
| 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... |
| Iraq >> 1/15/2014 - Iraqi Kurdish ministers walked out of a cabinet session in protest at the country's draft 2014 budget, further complicating a feud over the autonomous region's plans to export crude via a new pipeline... |
| Italy >> 1/14/2014 - Sound Oil, the European / Mediterranean focused upstream oil and gas company, is pleased to confirm its 24 month Italian work programme. ... |
| Austria >> 1/14/2014 - Crude Oil Price Movements The OPEC Reference Basket rebounded by $2.70 in December to settle at $107.67/b. In annual terms, the Basket price averaged around $106/b in 2013, a decline of a... |
| Cameroon >> 1/13/2014 - The Company announces that RSM Production Corporation ("RSM") has failed to pay two cash calls which were issued by Company subsidiary Gaz du Cameroun ("GDC") on 23 December 2013 (the "2013 Cash Calls... |
| Iran >> 1/12/2014 - A deputy petroleum minister has said that budget allocation to petroleum industry projects has doubled in one month. ... |
| Iran >> 1/11/2014 - Iran’s Petroleum Ministry denied any oil-for-goods contract between the Islamic Republic and Russia. ... |
| Iraq >> 1/10/2014 - Baker Hughes Inc, the world's third-largest oilfield services company, estimated fourth-quarter profit well below Wall Street expectations, largely due to the suspension of its operations in Iraq foll... |
| Libya >> 1/8/2014 - Brent crude held its ground above $107 per barrel on Wednesday, supported by new worries over Libyan supplies and expectations of another drop in U.S. crude inventories. Although Libya may boost produ... |
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