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King Salman Inaugurates Mega Projects in Jubail
Saudi Arabia >> 11/29/2016 - The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud inaugurated the Sadara Chemical Company (Sadara) and the Saudi Aramco Total Refining and Petrochemical Co. (SATORP). The two pro...
Iran Says Ground Ready for Foreign Investment
Iran >> 11/24/2016 - Managing Director of Industrial Projects Management of Iran (IPMI) Morteza Emami said ground is ready for foreign investment in Iranís oil and gas sector. ...
Investment in Khouzestan Prov. to Be Supported
Iran >> 11/23/2016 - Governor General of Khouzestan Province Gholam-Reza Shariati has invited Iranian and foreign investors to invest in southwestern Khouzestan Province and said they will be supported. ...
China to Invest $268M in Chongqing Shale Gas Project
China >> 11/23/2016 - China will invest 1.85 billion yuan (about $268 million) to develop a shale gas project in Chongqing with an annual production capacity of 2 billion cubic meters (bcm) in three to five years, accordin...
Mozambique's ENH Approves Investment Plan for Coral South Project
Mozambique >> 11/23/2016 - Mozambique's National Hydrocarbons Company (ENH) had approved its investment plan for the Coral South offshore gas project being led by Italian energy company Eni. Eni's board backed its investment pl...
Ecopetrol Announces Investment Plan 2017
Colombia >> 11/22/2016 - This plan meets the objectives outlined in the Business Plan 2020, directing more than 80% of profitable investments in exploration and production projects. ...
Germanyís Linde Mulls Investment at Iran Petchem Complex
Iran >> 11/22/2016 - Experts of the Linde Group, the world's largest industrial gas company, visited Iranís Bandar Imam Petrochemical Complex, indicating the groupís keenness to join petrochemical projects of the complex....
BIPC & Linde Discuss Opportunities of Investment
Iran >> 11/20/2016 - Officials of Iran's Bandar Imam Petrochemical Company (BIPC) and German Linde Company have discussed opportunities of investment in the BIPC. ...
Eni Approves Investment Plan for Coral South Project in Mozambique
Mozambique >> 11/18/2016 - Eni's Board of Directors has authorized the investment for the first phase of the development of the Coral discovery (Coral South project), located in the deep waters of the Rovuma Basin (Area 4), off...
Nigeria Needs Billions in New Investment to Raise Oil Output
Nigeria >> 11/17/2016 - Nigeria needs at least $14 billion a year in new investment over the next five years to raise oil output to 2.2 million barrels a day (bpd) and even higher spending to lift it to 3 million bpd, the he...
MX Oil Updates Nigerian Investment in OML 113
Nigeria >> 11/17/2016 - MX Oil, the AIM quoted oil and gas investing company, is pleased to provide the following update on its Nigerian investment. On 19 October 2016, the Company announced that PR Oil and Gas Limited, the ...
Final Investment Decision on Tanzania LNG Plant Still 5 Yrs Away
Tanzania >> 11/16/2016 - The final investment decision on a Tanzania's $30 billion onshore liquefied natural gas (LNG) export terminal will not be made for at least five years and possibly much longer, said Oystein Michelsen,...
Slovnaft to Invest $500 Million by 2020 to Upgrade Petrochemical Unit
Slovak Republic >> 11/15/2016 - Slovakia's biggest oil refinery Slovnaft, owned by Hungary's MOL, will invest $500 million by 2020 to upgrade its petrochemical unit to diversify away from fuels, where demand is expected to decline, ...
NPC in Talks with 2 German Firms to Open 12b Euro Credit Line
Iran >> 11/14/2016 - Director of the Investment Department at National Iranian Petrochemical Company (NPC) Hossein Alimorad says his company is busy in talks with two German companies to open credit lines of 12 billion eu...
BP to Invest $13b in Egypt before 2020
BP to Invest $13b in Egypt before 2020 Egypt >> 11/14/2016 - British oil company BP Global has plans to invest some $13 billion in Egypt before 2020, the UK embassy in Cairo said in a statement. ...
Stock Movements - November 2016
Austria >> 11/11/2016 - OECD commercial oil stocks fell in September to stand at 3,052 mb, which is around 304 mb above the latest five-year average. Crude and products saw surpluses of around 165 mb and 138 mb, respectively...
Gazprom & Japan Bank for International Cooperation Discuss Further Cooperation
Russia >> 11/10/2016 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Tadashi Maeda, CEO and Executive Managing Director of Japan Bank for International Cooperation (JBIC), took p...
Iran Eying for More Foreign Oil Contracts after Total Deal
Iran >> 11/9/2016 - Iran is hoping to secure more overseas investment after a consortium led by Franceís Total signed a $4.8bn deal to develop part of the giant South Pars gasfield, Irans deputy oil minister for internat...
NIOC Invites Businessmen to Invest in 40 Oil, Gas Projects
Iran >> 11/8/2016 - Iranian and foreign investors can invest in more than 40 projects for development of oil and gas fields, read a message, penned by Managing Director of National Iranian Oil Company (NIOC) Ali Kardor o...
Yokogawa Makes Strategic Equity Investment in Bayshore Networks
Japan >> 11/4/2016 - Yokogawa Electric Corporation announces that it has invested in Bayshore Networks Inc., a U.S. technology innovator that is developing cybersecurity software for the Industrial IoT (IIoT). With this i...

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