| Turkey >> 12/23/2016 - Turkey needs to prioritise liquified natural gas (LNG) investments for a healthier balance of its natural gas trade, President Tayyip Erdogan said on Friday. ... |
| Mexico >> 12/22/2016 - Pacific Radiance Ltd. (Pacific Radiance or the Group), a provider of integrated offshore marine support services, is making further headway in the fast liberalising Mexican offshore oil & gas (O&G) m... |
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China >> 12/21/2016 - The latest information for China showed total commercial oil inventories fell by 3.4 mb in October to stand at 369.1 mb, which is 9.1 mb lower than the previous year at the same time. Within component... |
| Oman >> 12/21/2016 - Petroleum Development Oman (PDO) projects investments of around $20 billion being ploughed into its oil and gas operations over the next five years, although capital expenditure is anticipated to be c... |
| United States >> 12/20/2016 - Tellurian Investments Inc. (“Tellurian”) and Total announce today that Total is acquiring approximately 23% of Tellurian at $5.85 per share for an amount of 207 million dollars to develop an integrate... |
| Mozambique >> 12/19/2016 - Galp informs that its Board of Directors has approved the investment related to the Coral South area, the first development related to the discoveries made in the Area 4 of Mozambique’s Rovuma basin. ... |
| Russia >> 12/19/2016 - The Gazprom Board of Directors took note of the information about the Company's preliminary operating results for 2016 and the projected Investment Program, budget (financial plan), and cost optimizat... |
| Thailand >> 12/15/2016 - Thailand's integrated oil refiner IRPC Pcl plans to invest 10 billion baht ($280 million) next year with an aim to expand the production capacity of a petrochemical product and boost its long-term ear... |
| India >> 12/15/2016 - SKF is investing SEK 225 million in upgrading its distribution centres across Europe and India. The investments will improve customer lead-times and service levels, whilst contributing to reduced stoc... |
| Austria >> 12/14/2016 - OECD commercial oil stocks fell in October to stand at 3,027 mb, around 302 mb
above the latest five-year average. Crude and products both indicated a surplus,
around 184 mb and 118 mb above the sea... |
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Egypt >> 12/14/2016 - Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources, received Maria Moraeus, ENGIE E&P Chief Executive Officer, where the two sides discussed bolstering relations and the available invest... |
| United Kingdom >> 12/13/2016 - Maersk Oil CEO announced that the capital costs of its marquee Culzean HPHT gas project have been reduced by USD 500m as a result of higher drilling efficiency and robust upfront design and project pl... |
| Bahrain >> 12/12/2016 - The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank established in 1975 by the 10 member states of the Organization of Arab Petroleum Exporting Countries (OAPEC), acq... |
| Azerbaijan >> 12/8/2016 - The Asian Development Bank (ADB) will provide $1 billion in private and public sector assistance to expand Azerbaijan’s Shah Deniz II, one of the world’s largest gas fields. ... |
| United States >> 12/7/2016 - Chevron Corporation (CVX) announced a $19.8 billion capital and exploratory investment program for 2017. Included in the 2017 program are $4.7 billion of planned affiliate expenditures. ... |
| Russia >> 12/2/2016 - Russian gas giant Gazprom is working on a deal under which Japanese banks would provide it with financing worth 800 million euros ($851.28 million), two sources familiar with the discussions told Reut... |
| 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... |
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Iran >> 11/29/2016 - In May 2016, for the first time in the history of Iran’s Petroleum industry, associations and unions, with more than 1500 member companies with about $40 billion in revenue, assembled as ¬¬the ‘United... |
| Iran >> 11/24/2016 - Managing Director of Industrial Projects Management of Iran (IPMI) Morteza Emami said ground is ready for foreign investment in Iran’s oil and gas sector. ... |
| 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. ... |
