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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...
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...
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. ...
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...
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...
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. ...
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 ...
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...
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...
India ONGC to Invest $5.1B in 4 Years in East Coast Oil Gas Asset
India >> 9/30/2016 - India's Oil and Natural Gas Corporation will invest 340.12 billion rupees ($5.11 billion) in four years to develop cluster 2 of east coast deepwater block, the company said. ...
Singapore and ARA Stock Movements - September 2016
Singapore and ARA Stock Movements - September 2016 Singapore >> 9/27/2016 - At the end of July, products stocks in Singapore rose by 4.8 mb, reversing the fall of last month. At 55.2 mb, they were 3.4 mb, or 6.6%, above the same period a year ago. Within products, all product...
Board of Directors Commends Progress Made on Major Investment Projects
Russia >> 9/27/2016 - The Gazprom Board of Directors commended the Company for the progress made on its major investment projects. It was noted that Gazprom was taking extensive countrywide efforts to set up new gas produc...
Aramco Plans to Invest $334bn by 2025
Saudi Arabia >> 9/27/2016 - Saudi Aramco plans to invest a total of about $334 billion by 2025, including spending on infrastructure and projects to maintain oil capacity, a senior Aramco official said. ...
Signing Three Petroleum Agreements with Investments of $ 595m
Signing Three Petroleum Agreements with Investments of $ 595m Egypt >> 9/24/2016 - Eng.Tarek El Molla, Minister of Petroleum and Mineral Resources signed 3 petroleum agreements for EGPC with the Italian IEOC and the English BP for natural gas and oil exploration and production in th...
France’s Total Says Cutting Investment
France >> 9/23/2016 - French oil major Total said it would trim back costs and investment in 2017-2018 in the face of continued low oil and gas prices. Total said it would cut annual investment to between $15 and 17 billio...
OPIC Opens New Office in Kenya to Drive US-Led Investment
Kenya >> 9/22/2016 - The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, announced the opening of OPIC’s first-ever East Africa office, located in Nairobi, Kenya, wit...
Petrobras Cuts $24b from Investment Plan
Brazil >> 9/20/2016 - The investment portfolio of 2017-2021 Plan prioritizes exploration and production projects of oil in Brazil, with emphasis on deep water. In other business areas, investments are intended primarily to...

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