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Gazprom Approves Revised Investment Program, Budget, and Cost Reduction Program for 2017
Russia >> 9/14/2017 - The Gazprom Management Committee approved the revised drafts of the investment program, budget (financial plan) and cost optimization (reduction) program for 2017. ...
Stock Movements - September 2017
Austria >> 9/12/2017 - OECD commercial oil stocks fell by 18.7 mb in July to stand at 3,002 mb, which is around 195 mb above the latest five-year average. Crude and products indicated surpluses of 123 mb and 72 mb above th...
Chinese Firm to Set up $2.8B Petrochem Firm in Duqm
Oman >> 9/12/2017 - A Chinese firm plans to invest $2.8 billion in a major petrochemical project at the Sino-Oman industrial park in Duqmís Special Economic Zone (SEZ), a Chinese newspaper announced. ...
DoE Invests $50m to Improve Critical Energy Infrastructure
United States >> 9/12/2017 - The Department of Energy (DOE) is announcing awards of up to $50 million to DOEís National Laboratories to support early stage research and development of next-generation tools and technologies to fur...
Oman Invites Bids for 4 Oil and Gas Blocks
Oman >> 9/10/2017 - The Ministry of Oil & Gas has unveiled a total of four onshore hydrocarbon blocks for investment as part of the Oman Licensing Round 2017, registration and bidding for which formally commences on Sept...
China Invests $9.1 Billion in Rosneft as Glencore & Qatar Cut Stakes
China >> 9/10/2017 - Chinese conglomerate CEFC will buy a 14.16 percent stake in Russian oil major Rosneft for $9.1 billion from a consortium of Glencore and the Qatar Investment Authority, strengthening the energy partne...
Saudi Assures Investors that Reforms, Aramco IPO On Track
Saudi Arabia >> 9/9/2017 - Saudi Arabia's government assured investors on Saturday that its Vision 2030 economic reform programme, including the sale of a stake in national oil giant Saudi Aramco, was on track despite plans to ...
Clariant Expands Support for Local Noram Oil Services Customers
United States >> 9/6/2017 - Clariant, a world leader in specialty chemicals, announces a low single-digit million amount investment to strengthen two of its North American Oil Services sites in order to further support customer ...
US Stock Movements - August 2017
US Stock Movements - August 2017 United States >> 9/6/2017 - Preliminary data for July shows that US total commercial oil stocks fell by 22.4 mb, for the second consecutive months to stand at 1,316.4 mb. At this level, they are 51 mb, or 3.7%, lower than the sa...
SMC to Explore Potential for Downstream Projects
Saudi Arabia >> 9/4/2017 - The wholly government-owned Salalah Methanol Company (SMC), which signed agreements last month for the addition of an ammonia plant to its world-scale methanol scheme in Dhofar Governorate, says it wi...
PetroSA & Rosgeo Sign $400m Agreement to Develop O & G Blocks Offshore South Africa
South Africa >> 9/4/2017 - PetroSA, the Oil and Gas Corporation of South Africa, and Rosgeo, geological exploration company of the Russian Federation, have signed an agreement that will see about US$400 Million invested in oil ...
Further Improvements on Johan Sverdrup
Norway >> 9/4/2017 - Continued quality in project delivery and execution enables the Johan Sverdrup partnership to further reduce investment costs for the first phase of the development by NOK 5 billion to NOK 92 billion....
Exxon Mobil Plans $200m investment in Argentina's Vaca Muerta
Argentina >> 9/1/2017 - U.S. oil major Exxon Mobil Corp plans to invest $200 million to boost natural gas output in Argentinaís Vaca Muerta shale play, a spokeswoman told Reuters on Friday. ...
Cooper Energy Declares Final Investment Decision (FID) for the Sole Gas Project
Australia >> 8/29/2017 - Cooper Energy has announced the declaration of a final investment decision ('FID') for the Sole gas project following the announcement of a fully underwritten finance package to complete funding for t...
Foreign Funds for Iranís Oil Sector a Top Priority
Iran >> 8/21/2017 - Attracting foreign investment for Iranís oil sector will continue to be a top priority during President Hassan Rouhaniís second term, Iranian Oil Minister Bijan Zanganeh said on Sunday. ...
Foreign Funds for Irans Oil Sector a Top Priority
Iran >> 8/21/2017 - Attracting foreign investment for Iranís oil sector will continue to be a top priority during President Hassan Rouhaniís second term, Iranian Oil Minister Bijan Zanganeh said on Sunday. ...
Orca & Swala Discuss Regarding Investment in Orca Group
Tanzania >> 8/14/2017 - Orca Exploration Group Inc. (Orca) confirms that it is in discussions with Swala Oil & Gas (Tanzania) plc regarding a possible minority investment in PAE PanAfrican Energy Corporation (PAEM), a Maurit...
PDO and Oman LNG Sign Collaboration Deal
PDO and Oman LNG Sign Collaboration Deal Oman >> 8/13/2017 - Petroleum Development Oman (PDO) and Oman Liquefied National Gas (Oman LNG) have signed a three-year partnership agreement to enhance technical and commercial co-operation.
Iran, Turkey, Russia Sign Oil, Gas Investment Agreement
Iran >> 8/12/2017 - Iran, Russia and Turkey have signed an agreement for joint investment in oil and gas development projects. The agreement was signed in Moscow on Tuesday between Iran's Ghadir investment company, Russi...
Oman Wanfang Plans 25 New Projects in Duqm
Oman >> 8/12/2017 - Oman Wanfang, which is the master developer of China Oman Industrial Park in Duqm, plans to develop 25 new projects, which will take the total number of projects within the industrial park to 35. The ...

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