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China Energy Investment Signs MOU for $83.7B in West Virginia Projects
United States >> 11/9/2017 - China Energy Investment Corp, the world’s largest power company by asset value, has signed a memorandum of understanding (MOU) to invest $83.7 billion in shale gas, power and chemical projects in West...
Investment Flows into Commodities - October 2017
Investment Flows into Commodities - October 2017 Austria >> 11/8/2017 - Open interest (OI) increased in September for selected US commodity futures markets such as precious metals and crude oil, while it declined for natural gas and copper. Meanwhile, in monthly terms, sp...
Iran Plans $3b Investment for Developing 10 Oil Reserves
Iran >> 11/6/2017 - National Iranian South Oil Company (NISOC) is planning a $3 billion investment for developing 10 oil reserves in the country within the next two years. ...
China Stock Movements - October 2017
China Stock Movements - October 2017 China >> 11/2/2017 - The latest information for China showed that total commercial oil inventories fell by 9.3 mb in August for the second consecutive month to settle at 371.2 mb, which is 4.7 mb lower than the previous y...
NOVATEK Signed MOU with China Development Bank
Russia >> 11/1/2017 - PAO NOVATEK (“NOVATEK” and/or the “Company”) signed today a Memorandum of Understanding (MOU) with the China Development Bank. The MOU confirms the parties’ intentions to cooperate in implementing the...
Second Largest New Zealand Oil & Gas Shareholder Accepts OGOG Offer
New Zealand >> 10/30/2017 - H&G holds 9.2% of the fully paid ordinary shares in New Zealand Oil & Gas, making it New Zealand Oil & Gas's second largest shareholder. This investment arm of the Cushing family yesterday tendered 1...
Oman Oil Company and RUSNANO Sign Agreement on Investment Activity
Oman >> 10/27/2017 - Parties to evaluate joint investments in projects on the oil and gas and chemical sectors. The signing of the agreement took place with the assistance of the Russian-Omani Business Council in the fram...
YPF to Invest More Than $30B from 2018 to 2022
YPF to Invest More Than $30B from 2018 to 2022 Argentina >> 10/25/2017 - YPF presented its strategic plan for the next five years (2018-2022), which provides for an investment of more than 30,000 million dollars, which ratifies it as the company that invests most in our co...
Gazprom Neft Signs MoU on Investments in Oil & Gas Technologies with Two Major Private Venture Funds
Russia >> 10/24/2017 - Gazprom Neft has signed a Memorandum of Understanding (MOU) with Phystech Ventures and North Energy Ventures, venture capital firms managing several funds and investing consistently in the development...
$27.3b to be Invested in Egypt’s Zohr, North Alexandria, Nooros Fields
Egypt >> 10/24/2017 - Investments worth $27.3 billion will be put towards three Egyptian natural gas fields -- Zohr, North Alexandria, and Nooros -- in 2018, Oil Minister Tarek El Molla said in press statements, according ...
Russia RDIF Hopes to Attract Saudi Investment into Eurasia Drilling
Russia >> 10/24/2017 - The Russian Direct Investment Fund (RDIF) said it hoped to attract Saudi Arabian investment into oilfield services firm Eurasia Drilling, building on the energy platform it formed with the Saudi sover...
Saudi Arabia Seeks New Economy with $500B Business Zone with Jordan, Egypt
Saudi Arabia >> 10/23/2017 - Saudi Arabia, seeking to free itself from dependence on oil exports, announced a $500 billion plan to build a business and industrial zone extending into Jordan and Egypt. ...
Iraq Oil Ministry Warns Oil Companies Against Kurdistan Contracts
Iraq >> 10/19/2017 - Iraq’s oil ministry on Thursday cautioned oil companies against signing contracts with Iraqi Kurdistan. On Wednesday Russian state-controlled oil company Rosneft signed an agreement to put production ...
Aramco IPO Still Set for 2018
Saudi Arabia >> 10/18/2017 - The Kingdom of Saudi Arabia is still aiming to complete both international and domestic portions of the initial public offering of Aramco, in 2018, the Saudi Oil Minister Khalid Al Falih said Tuesday ...
Gazprom Approves Revised Investment Program, Budget, and Cost Reduction Program for 2017
Russia >> 10/18/2017 - The Gazprom Board of Directors approved the revised investment program, budget (financial plan) and cost optimization (reduction) program for 2017. The key figures of the investment program did not ch...
Rosneft Signs $400M Agreements for Five Blocks in Kurdistan
Rosneft Signs $400M Agreements for Five Blocks in Kurdistan Iraq >> 10/18/2017 - Rosneft and the Government of the Kurdish Autonomous Region of Iraq signed the documents required to put into force Production Sharing Agreements (PSA) with respect to five production blocks located i...
US Stock Movements - October 2017
US Stock Movements - October 2017 United States >> 10/18/2017 - Preliminary data for September shows that US total commercial oil stocks fell by 16 mb, for the fourth consecutive month to stand at 1,294.4 mb, which is 62 mb, or 4.6%, lower than the same period a y...
China Offers to Buy 5% of Saudi Aramco Directly
Saudi Arabia >> 10/17/2017 - China is offering to buy up to 5 per cent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world’s bigg...
Algeria Sees Energy Law Amendment by End of 2018
Algeria >> 10/16/2017 - Algeria aims to amend its energy law in 2018 as it plans to improve contract terms to attract needed foreign investment, authorities said on Monday, giving the first timeline for a much-anticipated mo...
Total is Interested to Invest in Nasiriya Integrated Oil Project
Iraq >> 10/15/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil met with Mr. Thierry Autin the general manager of Total French Company in Iraq. The two parties discussed about the ways to expand the work of the ...

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