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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...
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....
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 ...
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 ...
Stock Movements - August 2017
Austria >> 8/10/2017 - OECD commercial oil stocks fell by 21.9 mb in June to stand at 3,033 mb, which is around 252 mb above the latest five-year average. Crude and products indicated surpluses of 142 mb and 110 mb above t...
Foreign Oil Firms' Egypt Investments $8.1b in 2016-2017
Foreign Oil Firms' Egypt Investments $8.1b in 2016-2017 Egypt >> 8/9/2017 - Investment by foreign oil firms in Egypt rose to $8.1 billion in 2016-2017 from $6.6 billion a year earlier, Petroleum Minister Tarek El-Molla told Reuters on Wednesday. ...
Iran Eyes $5b in Petchem Investments
Iran >> 8/7/2017 - Iran is close to absorbing over 5 billion dollars in fresh investments by three European majors in the near future. Iran's National Petrochemical Company (NPC) has devised policies to absorb fresh inv...
ADNOC in Discussions for New Offshore Oil Concession
ADNOC in Discussions for New Offshore Oil Concession United Arab Emirates >> 8/7/2017 - The Abu Dhabi National Oil Company (ADNOC) is in advanced discussions with more than a dozen potential partners who have expressed a significant interest in the offshore concession, currently operated...
Aramco Signed MoU with KBR to Strengthen In-Kingdom Procurement of Services
Saudi Arabia >> 8/3/2017 - Saudi Aramcoís commitment to develop a competitive and reliable local supply chain through its In-Kingdom Total Value Add (IKTVA) program was given a significant boost with the signing of a Memorandum...
Emerson's New ME Training Program Welcomes Saudi Graduates
United States >> 8/1/2017 - Emerson Automation Solutions has started their Beginners Integration Training (BIT) Program this month, recruiting 15 Saudi nationals who have recently graduated from top universities and institutes i...
China Stock Movements - July 2017
China Stock Movements - July 2017 China >> 7/26/2017 - The latest information for China showed that total commercial oil inventories fell by 5.3 mb in May for the third consecutive month to settle at 376.6 mb, which is 20.1 mb lower than the previous year...
Teekay & Brookfield Sign Strategic Partnership in Teekay Offshore
Canada >> 7/26/2017 - Teekay Corporation (Teekay or Teekay Parent) and Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) have agreed to enter into a strategic partnership with Brookfield Business Partners ...

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