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Aramco Signs $12B Commercial Cooperation with French Companies
Aramco Signs $12B Commercial Cooperation with French Companies Saudi Arabia >> 4/10/2018 - Saudi Aramco participated in the Saudi-France CEO Forum held in Paris to promote bilateral business and cooperation between the two countries. The Forum was scheduled to coincide with the official vis...
MENA Region to Invest US$574B in Critical Energy Projects
United Arab Emirates >> 4/2/2018 - The MENA region has already committed US$345 billion to critical energy projects under execution while an additional $574bn worth of development is planned over the next five years, bringing total com...
World Bank to Help Mauritania Manage Great Tortue Ahmeyim
Mauritania >> 3/28/2018 - The World Bank approved on March 16th, a $20 million International Development Association (IDA)* grant to Mauritania to enhance the country’s capacity to negotiate investment agreements for developin...
ADX Finalises $2m Investment in Parta Appraisal Program
Romania >> 3/28/2018 - ADX Energy Ltd has finalised the agreement announced on the 4th of December 2017 with Reabold Resources Plc (Reabold) to invest US$2 million in the recently incorporated Danube Petroleum Limited (Danu...
Saudi Aramco Announces $10B Partnerships with 14 American Companies
Saudi Arabia >> 3/27/2018 - Saudi Aramco participated in the Saudi-U.S. CEO Forum held in New York to promote bilateral business and cooperation between the two countries. The Forum was scheduled to coincide with the official vi...
Total Becomes a Founding Partner of the Cathay Smart Energy
China >> 3/27/2018 - Total Energy Ventures (TEV), Hubei High Technology Investment Guiding Fund Management Co (‘Hubei High Tech’), and Cathay Capital have signed a Heads of Agreement to launch the Cathay Smart Energy Fund...
Siemens & Atos Reinforce Their Strategic Cooperation
Denmark >> 3/26/2018 - Siemens and Atos today announce the reinforcement of their strategic co-operation, with plans to accelerate their joint business until 2020 through an ambitious joint go-to-market plan and the strengt...
Algeria Vows Tax Reform in Energy Sector
Algeria >> 3/25/2018 - Algeria plans to offer tax incentives in a planned new energy law to attract more investment and is in discussion with foreign energy firms including BP and Anadarko to exploit its shale gas reserves,...
Gabon to Revise Hydrocarbons Law to Attract Investment
Gabon >> 3/22/2018 - Gabon plans to revise its hydrocarbons law to attract new investment, the oil ministry said on Thursday. Under the current legal framework, the Gabonese state holds a minimum 20 percent stake in oil p...
Linear Part of Power of Siberia Gas Pipeline Completed by 75.5%
Russia >> 3/21/2018 - The Gazprom Board of Directors commended the Company for the progress made on its major investment projects. ...
Iraq's Oil Ministry Calls for Investors for Anbar Refinery
Iraq >> 3/15/2018 - Iraq’s oil ministry called on companies to invest in a project to build a 70,000 barrel-per-day oil refinery in the western province of Anbar. ...
Siemens & APEX Sign Agreement for Economic Growth in Brazil
Brazil >> 3/14/2018 - Siemens has signed a Memorandum of Understanding (MoU) with the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) in Sao Paulo. Initiatives outlined in the agreement have the potential to ...
Ecuador Seeks $800M Investment in Oil and Gas Bid
Ecuador >> 3/13/2018 - Ecuador launched a bidding round for foreign companies to develop oil and gas reserves, hoping to attract some $800 million in investment to boost production in the Andean nation’s sluggish economy.
Algeria's Sonatrach to Invest $250m to Boost Output at Tinhert Gas Field
Algeria >> 3/12/2018 - Algerian state energy firm Sonatrach will invest $250 million to boost output at the Tinhert gas field to 20 million cubic metres (mcm) per day by 2020 up from 5 million cubic metres, its CEO said on ...
Iraq & GE Discuss the Investment in Thi-Qar Fields
Iraq >> 3/12/2018 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil met with Mr. Tawfeek Al- Ezz the manager of General Electric Company in Iraq and his entourage. The two parties discussed about the ways to enforce...
Aramco Participates in UK-Saudi CEO Forum and Signs MoUs and Commercial Agreements
Aramco Participates in UK-Saudi CEO Forum and Signs MoUs and Commercial Agreements Saudi Arabia >> 3/8/2018 - Saudi Aramco participated in the UK-Saudi CEO Forum held in London to promote bi-lateral business and cooperation between the two countries. The forum was scheduled to coincide with the official visit...
Exxon Mobil Interested in Working in Algeria, Sonatrach CEO says
Algeria >> 3/6/2018 - U.S. oil major Exxon Mobil Corp has shown an interest in working in Algeria, the head of state energy firm Sonatrach said. ...
Triangle Energy Announces Investment in the Cliff Head oil field
Australia >> 3/6/2018 - Triangle Energy has provided an Operations Update on its Cliff Head Oil Field (Cliff Head; 78.75%) assets. Triangle’s Managing Director Mr Rob Towner said the Company had activated a comprehensive for...
Letter of Cooperation Signed Between Petropars and Bank Tejarat
Iran >> 3/4/2018 - Petropars signed a Letter of Cooperation with Bank Tejarat to utilize domestic resources for the execution of national projects. A report released by the Public Relations and International Affairs Dep...
Reabold Resources Announces Increased Investment in Corallian Energy
United Kingdom >> 3/1/2018 - Reabold Resources, the investor in pre-cash flow upstream oil and gas projects, provides an update on its investment in Corallian Energy Limited. ...

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