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GE Plans to Invest $10 billion in Argentina through 2026
Argentina >> 9/19/2016 - U.S. industrial conglomerate General Electric Co will invest $10 billion in Argentina over the next decade, Vice Chairman John Rice said, the latest foreign company to announce new plans since Preside...
Egypt Government to Start IPO Program With Oil Companies
Egypt Government to Start IPO Program With Oil Companies Egypt >> 9/19/2016 - Egypt is set to launch its initial public offerings in government-owned companies with oil sector businesses, aiming to collect up to $10 billion dollars within three to five years, the minister of in...
Petrofac Threatens to Leave Tunisia over Protests
Tunisia >> 9/19/2016 - Petrofac is threatening to leave Tunisia and end its investment if protests over jobs that have disrupted gas production for nine months are not stopped immediately, government officials said on Monda...
OECD Stock Movements - September 2016
OECD Stock Movements - September 2016 Austria >> 9/17/2016 - Preliminary data for July shows that total OECD commercial oil stocks fell by 2.1 mb to stand at 3,091 mb. At this level, OECD commercial oil stocks were around 176 mb higher than the same time one ye...
Japan PM Adviser Says No Government Plan to Invest in Saudi Aramco
Saudi Arabia >> 9/16/2016 - Japan's government has no plan to invest in state-run oil firm Saudi Aramco's planned initial public offering, an adviser to Japanese Prime Minister Shinzo Abe said. ...
Gazprom & Uzbekneftegaz Discuss Bilateral Cooperation
Uzbekistan >> 9/13/2016 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Alisher Sultanov, Chairman of the Board of Directors of Uzbekneftegaz, took place at the Gazprom headquarters...
Stock Movements - September 2016
Austria >> 9/12/2016 - OECD commercial oil stocks fell in July to stand at 3,091 mb. This is around 341 mb above the latest five-year average. Crude and products indicated a surplus of around 200 mb and 141 mb, respective...
Improved Design Practices Can Aid Environment
France >> 9/12/2016 - During the first months of 2016, perspectives for a stabilizing Oil market are being confirmed. Excess supply should curb in the following months given the unforecasted high increase in global oil dem...
Minister of Petroleum and Mineral Resources' Meeting with The British Ambassador in Egypt
Minister of Petroleum and Mineral Resources' Meeting with The British Ambassador in Egypt Egypt >> 9/7/2016 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources met with the British Ambassador in Cairo, John Casson , where they discussed joint cooperation aspects in petroleum and natural gas dom...
Tethys Petroleum Evaluating Alternative Funding Arrangements
Ireland >> 9/5/2016 - Following approval of The Grand Court in the Cayman Islands on August 19, 2016 to reduce the par value of the Company's ordinary shares from US$0.10 to US$0.01 the Company has worked with Olisol and i...
Japanese Minister Denies Rosneft Investment Rumours
Russia >> 9/2/2016 - Japan’s trade minister has dismissed reports claiming the government was considering investing in Russian giant Rosneft. ...
Israel Courting Energy Heavyweights to Seek Offshore Gas
Israel >> 8/31/2016 - Israel’s Energy Minister Yuval Steinitz is out to persuade big energy explorers put off by years of regulatory turmoil to search for natural gas off his country’s shores. ...
Iran to Seek Investor Bids in October 2016 with New Oil Contracts
Iran >> 8/30/2016 - Iran will invite international oil companies to submit bids in October under the long-awaited new contract model for energy investors, as the OPEC producer seeks billions of dollars to boost output af...
Oil Companies to Spend $8 Billion to Start Output in Uganda
Uganda >> 8/30/2016 - Uganda expects three oil companies to invest $8 billion in the East African nation before they start producing crude in 2020, Energy Minister Irene Muloni said. ...
EU plus Norway Stock Movements - August 2016
EU plus Norway Stock Movements - August 2016 Norway >> 8/29/2016 - Preliminary data for June shows a total European stock draw of 6.8 mb, reversing the previous month’s build of 11.6 mb to stand at 1,165 mb. At this level, they are 52.3 mb, or 4.7%, above the same ti...
Norway Development Costs Cut by Nearly Half
Norway >> 8/29/2016 - The price tag for developing a field on the Norwegian shelf has declined by an average of more than 40 per cent since the autumn of 2014, according to the NPD's analysis of eight planned developments ...
Oil Ministry Invite Companies to Invest in Four Refineries
Iraq >> 8/28/2016 - Oil Ministry called on companies specialized in filtering sector to invest in four refineries / Kirkuk, Samawa, Kut and Basra /. ...
Signing of the Japan-Kenya Investment Agreement
Kenya >> 8/24/2016 - On August 28, 2016, Agreement between the Government of Japan and the Government of the Republic of Kenya for the Promotion and Protection of Investment is scheduled to be signed by Mr. Fumio Kishida,...
Investment Restrictions Prevent Attaining Rights in Joint Fields
Iran >> 8/22/2016 - Member of the Parliament’s National Security and Foreign Policy Committee, Ali Najafi, says investment restrictions prevent Iran from attaining its rights in the joint fields. ...
Iran Signs Off on New Oil Contact Model
Iran >> 8/22/2016 - First Vice-President Eshaq Jahangiri issued an executive order on the application of the new type of oil contracts designed to attract foreign investors. ...

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