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New Gas Industry Technology Association Joins INTERGAZCERT Voluntary Certification System
Russia >> 2/27/2017 - Alexey Miller, Chairman of the Gazprom Management Committee, and Ruslan Goryukhin, Chief Executive Officer of the New Gas Industry Technology Association of Equipment Manufacturers, signed at the Russ...
Saab Seaeye Investing in Engineers
United Kingdom >> 2/24/2017 - Investment in new technologies sees Saab Seaeye, the world's largest manufacturer of electric underwater robotic systems, launch a recruitment drive to find software and electrical engineers at all le...
Brazil to Lower Oil Industry Local Content Rules by Half
Brazil >> 2/22/2017 - Brazil's government said it would relax local content rules for the oil industry as of September in an effort to attract foreign investment and lower costs that have hindered development of vast offsh...
Senex Sanctions $50m Investment in Western Surat Gas Project
Australia >> 2/21/2017 - Senex Energy Limited (Senex) has sanctioned its first major investment in the Western Surat Gas Project, committing $50 million to a 30 well drilling campaign, with gas production of around 10 TJ/day ...
Senex Energy Sanctions $50 million Investment in the Western Surat Gas Project
Australia >> 2/21/2017 - Senex Energy has sanctioned its first major investment in the Western Surat Gas Project, committing $50 million to a 30 well drilling campaign, with gas production of around 10 TJ/day (~0.6 mmboe p.a....
Middle East to Invest $294b in Oil and Gas Projects
Oman >> 2/19/2017 - Oil producers across the Middle East and North Africa (Mena) region have been continuing to spend heavily on oil, gas and petrochemicals’ production capacity despite the fall in oil prices since 2014....
Geothermal Funding to Support Development in Eastern Indonesia
Indonesia >> 2/15/2017 - The World Bank last week approved $55.25 million in funding to support the Geothermal Energy Upstream Development Project in Indonesia, which aims to facilitate investment in geothermal power generati...
SOCAR & IBM Sign Memorandum on Strategic Cooperation
Russia >> 2/15/2017 - A Memorandum on Strategic Cooperation was signed with US IBM at the headquarters of SOCAR. The memorandum was signed by SOCAR President Rovnag Abdullayev and Senior Vice President of IBM and the chair...
NOC Libya to Showcase Investment Opportunities at NAPEC2017
Libya >> 2/15/2017 - Libya's National Oil Corporation (Libya NOC) is working on restoring its oil and gas production capacity to the same level prior to the Arab Spring, and plans to discuss partnerships with oil service ...
Kerogen Capital Invests in Energean Israel
Israel >> 2/15/2017 - Energean Oil & Gas is pleased to announce that Kerogen Capital has committed to invest an initial US$50 million in Energean Israel, a subsidiary of Energean, ahead of the planned $1.3 billion developm...
Oil Companies Bullish on Egypt, Eyeing More Investment, Discoveries
Oil Companies Bullish on Egypt, Eyeing More Investment, Discoveries Egypt >> 2/14/2017 - Major international oil companies say they plan to step up their investments in Egypt, expecting to find more oil and gas now that ENI's giant Zohr gas discovery has put its Mediterranean waters on th...
Stock Movements - February 2017
Austria >> 2/13/2017 - OECD commercial oil stocks fell in December to stand at 2,999 mb. At this level, OECD commercial oil stocks are around 299 mb above the latest five-year average. Crude and products indicate a surplus...
EU plus Norway Stock Movements - January 2017
EU plus Norway Stock Movements - January 2017 Norway >> 2/13/2017 - Preliminary data for November shows total European stocks fell by 12.8 mb to stand at 1,125.8 mb, which is 12.2 mb, or 1.1%, below the same time a year ago and 46.7 mb, or 4.3%, higher than the latest...
70 Downstream Projects Ready for Financing
Iran >> 2/10/2017 - Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei says the company has defined 70 downstream petrochemical projects and is ready to introduce them to interested financiers. S...
Dana Gas Freezes Egypt Investments over Debts
Dana Gas Freezes Egypt Investments over Debts Egypt >> 2/9/2017 - Dana Gas will not make new investments in Egypt because of delays in obtaining payments owed to it there, the chief executive of the United Arab Emirates company said. ...
China's Guanghui Energy to Invest 700 Mln Yuan in LNG, Gas Infrastructure
China >> 2/8/2017 - China's Guanghui Energy has invested 700 million yuan ($101.73 million) to build two tanks for its Qidong liquefied natural gas (LNG) plant, new natural gas pipelines and natural gas service stations ...
Allianz & MUFG Invest in EDF Wind Farm in Oklahoma
United States >> 2/3/2017 - Allianz and MUFG, one of the world’s leading financial groups, have together invested tax equity in the Great Western wind park developed and owned by EDF Renewable Energy (EDF RE), one of the leading...
Mining on Top – Africa Summit Moves to Frankfurt for 2017
Mining on Top – Africa Summit Moves to Frankfurt for 2017 Germany >> 2/2/2017 - The 4th edition of MOTA, taking place from 6-7 July in Frankfurt, Germany will focus on the current industry changes and areas of development from both a government and mining company perpective, with...
Saudi Arabia may Raise U.S. Oil Investments
Saudi Arabia >> 2/1/2017 - Saudi Arabia may increase its oil investments in the United States due to a more fossil fuel-oriented energy policy by the U.S. administration of President Donald Trump, the kingdom's energy minister ...
Severstal Announces 2017 Capital Investment Program
Russia >> 2/1/2017 - PAO Severstal (Severstal), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces details of its 2017 capital investment program, which highlights i...

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