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Afghanistan's Executive President receives Finance Minister
Afghanistan >> 10/18/2016 - Executive President of Islamic Republic of Afghanistan Dr. Abdullah Abdullah received at his residence here today Minister of Finance Dr. Ibrahim bin Abdulaziz Al-Assaf. ...
A Session of Talks between Minister of Petroleum & Norwegian Ambassador
A Session of Talks between Minister of Petroleum & Norwegian Ambassador Egypt >> 10/16/2016 - Eng. Tarek El Molla , Minister of Petroleum and Mineral resources , held a session of talks with the Norwegian Ambassador to Egypt, Sten Arne Rosnes accompanied by a delegation representing Intsok Cor...
Shell to Invest $350m in Petchem Project in Western Iran
Iran >> 10/15/2016 - Royal Dutch Shell has planned to finance a petrochemical project in the western province of Hamedan by investing up to 350 million dollars in the plan, a local official said.

Head of th...
Minister of Petroleum's Discussions with Total’s Vice President
Minister of Petroleum's Discussions with Total’s Vice President Egypt >> 10/13/2016 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources held a meeting with Mr. Stanislas Mittelman Vice President of French Total company for Africa and the accompanied delegation, including...
Holding Talks in the Oil & Gas Field between Minister of Petroleum & Shell
Holding Talks in the Oil & Gas Field between Minister of Petroleum & Shell Egypt >> 10/12/2016 - On Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources, received Mr. Andy Brown, Upstream International Director of Royal Dutch Shell during his current visit to Cairo, in the presence of...
EIV Capital Completes $20m Investment in Gazelle Transportation
United States >> 10/12/2016 - EIV Capital is pleased to announce the completion of its $20 million investment commitment to Gazelle Transportation, a crude oil transportation and fluid management logistics company. EIV’s investmen...
China Sets Gas Pipeline Investment Yield At 8%
China >> 10/12/2016 - China's National Development & Reform Commission (NDRC) said that it will allow for a net 8 percent yield on investments in natural gas pipelines, part of its pledged reform to lower the transportatio...
Balance of Supply and Demand - October 2016
Austria >> 10/12/2016 - Demand for OPEC crude in 2016 was revised up by 0.1 mb/d to stand at 31.8 mb/d, which is 1.8 mb/d higher than the 2015 level. In 2017, the demand for OPEC crude is projected at 32.6 mb/d, around 0.1...
Saudi Aramco Signs MoUs with 18 Leading Turkish Companies
Saudi Aramco Signs MoUs with 18 Leading Turkish Companies Saudi Arabia >> 10/11/2016 - Saudi Aramco signed a series of Memoranda of Understanding (MoU) with 18 Turkish industrial enterprises, adding new potential partners to the company’s slate of future capital projects, promoting dive...
Airborne Oil & Gas Secures € 23 Million Funding
Netherlands/Holland >> 10/11/2016 - Airborne Oil & Gas, the world’s leading manufacturer of Thermoplastic Composite Pipe (TCP) for oil & gas applications, has raised € 23 million in a series C investment round from both new and existing...
SAFCO, SABIC Hire Advisers for Ibn Al-Baytar Stake Sale
Saudi Arabia >> 10/10/2016 - Two Saudi petrochemical giants have hired investment banks to advise on the potential sale of a stake in the Ibn Al-Baytar fertiliser company. ...
New Contracts for Petrobras' Business Plan
New Contracts for Petrobras' Business Plan Brazil >> 10/10/2016 - An economic recession and political corruption over the past two years has not set the best stage for the oil and gas industry in Brazil. A low oil price and large investment cuts have added to the ch...
EU plus Norway Stock Movements - September 2016
EU plus Norway Stock Movements - September 2016 Norway >> 10/10/2016 - Preliminary data for July shows total European stocks drop slightly by 0.6 mb following a stock draw of 13.2 mb in June. At 1,158.2 mb, they are 51.9 mb, or 4.7%, above the same time a year ago and 80...
Iran to Ink Oil Contracts Worth $10bn by End of March 2017
Iran >> 10/9/2016 - New oil contracts worth 10 billion dollars are expected to be signed in remaining half of the current Iranian calendar year (began March 20, 2016), the deputy petroleum minister said. ...
Chinese Delegation to Visit Nigeria to Discuss Oil Investments
Nigeria >> 10/5/2016 - A Chinese delegation will visit Nigeria this month to discuss investment in the West African country's oil and gas industry, Nigeria's oil minister said. In June, state-owned Nigerian National Petrole...
Ivory Coast to Invest $1 Bln in Oil Product Storage & Transport
Ivory Coast (Cote D'Ivoire) >> 10/5/2016 - Ivory Coast plans to invest almost $1 billion in oil product pipelines and storage in a bid to create the largest fuel hub in sub-Saharan Africa, its energy ministry said. Demand for fuels is booming ...
Investment Contract to Produce in Tomsk Region Import-Substituting Equipment for Gazprom Signed
Russia >> 10/4/2016 - Denis Manturov, Minister of Industry and Trade of the Russian Federation, Yury Gurdin, Deputy Governor of the Tomsk Region for Investment Policy and Property Relations, Oleg Nagovitsyn, Director Gener...
EuroChem Signs MoU & Partnership with Kazakh Authorities
Kazakhstan >> 10/4/2016 - EuroChem Group AG (“EuroChem” or the “Group”), a leading global agrochemical company, announces that EuroChem’s Kazakhstan subsidiary has signed a Memorandum of Understanding and Partnership (the “Mem...
Thai PTTEP to Invest at Least $1.7B in 2017 to Maintain Output
Thailand >> 10/3/2016 - PTT Exploration and Production Pcl, Thailand's largest oil and gas explorer, plans to invest at least $1.7 billion in 2017 to maintain its production at the same level as last year, chief executive sa...
Mozambique Minister's Sacking Not Affect Gas Project Decision
Mozambique >> 9/30/2016 - The sacking of Mozambique's energy minister will not affect Italian oil firm Eni's final investment decision on an offshore gas project there, Eni Chief Executive Claudio Descalzi said. Energy Ministe...

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