Gulf Oil and Gas accountACCOUNT

Financials and Investment News

BHP, ExxonMobil Drop Sale of Australian Oil and Gas Assets
Australia >> 2/23/2018 - BHP Billiton Ltd and ExxonMobil Corp’s Esso Australia have dropped a sale process started 20 months ago for some of Australia’s oldest and largest oilfields. ...
President Energy Provides Update on Argentina Operations
Argentina >> 2/22/2018 - President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, is pleased to announce that it has recorded record resu...
Austrian Oil & Gas Firm OMV Plans to Grow via Takeovers
Russia >> 2/21/2018 - Austrian oil and gas company OMV aims to grow its business with acquisitions in 2018 and increase its earnings by further cutting costs, its chief executive said on Wednesday. ...
Independent Oil and Gas Announces Corporate & Funding Update
United Kingdom >> 2/21/2018 - Independent Oil and Gas plc, the development and production focused Oil and Gas Company, is pleased to provide the following financial, operational and Board update. ...
MX Oil Announces Placing & Update on Aje Field
Nigeria >> 2/20/2018 - MXO plc, the oil and gas investing company listed on AIM, is pleased to announce that it has raised £500,000 before expenses via a placing (the "Placing") of 100 million new ordinary shares at a price...
Congo Seeks Relief Talks with Oil Traders over $2b Debt
Congo >> 2/20/2018 - Congo Republic is set to become the latest African country to start debt relief talks with trading houses after borrowing $2 billion from merchants such as Trafigura and Glencore but now finding its d...
Lukoil Discusses with Employees Prospects of Company Development in Perm Region
Russia >> 2/20/2018 - During his working visit to Perm Region, President of LUKOIL Vagit Alekperov, jointly with Governor Maxim Reshetnikov, held meetings with employees of LUKOIL's subsidiaries, contractors and service co...
Lukoil & Komi Develop Cooperation
Russia >> 2/19/2018 - President of LUKOIL Vagit Alekperov and the Head of the Republic of Komi, Sergey Gaplikov, signed yet another protocol to the Agreement on Cooperation between the company and the region, in Usinsk tod...
Genel Energy Receives Payment for KRI Oil Exports
Iraq >> 2/15/2018 - Genel Energy plc has announces that the Taq Taq partners have received a gross payment of US$11.05 million from the Kurdistan Regional Government ('KRG') for oil sales during November 2017. Genel's ne...
ShaMaran Announces Payment for Atrush Oil Deliveries
Iraq >> 2/15/2018 - ShaMaran Petroleum Corp. reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 16.2 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government (“KRG”) as...
Angus Completes £2 million Private Placement
United Kingdom >> 2/9/2018 - Angus Energy , a conventional oil and gas production and development company, has successfully raised £2.0 million (gross) by means of a private placement with institutional and private investors.
Kosmos Refinances Its $1.5 Billion Reserve Based Lending Facility
Ghana >> 2/6/2018 - Kosmos Energy has refinanced its reserve based lending (RBL) facility. The RBL facility, which previously incorporated only the company’s Ghana assets, now includes the recently acquired producing ass...
Kuwait’s $508 Billion Oil Spending Plan Gets Attention of Banks
Kuwait >> 2/1/2018 - Kuwait’s $508 billion energy spending plan and the prospect for juicy profits from financing it is grabbing the attention of some of the nation’s banks. ...
International Islamic Trade Opens $400M Credit Line for Egypt
Egypt >> 2/1/2018 - International Islamic Trade Finance Corporation this week opened a credit line worth $400 million for Egypt to buy petroleum products in a last tranche of a $3 billion finance deal signed in 2015, Chi...
Wentworth Provides Payment Update
Tanzania >> 2/1/2018 - Wentworth, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, is providing an update to shareholders regarding recent payments received for gas sales. ...
EnQuest Announces Agreement with BP on Thistle Decommissioning
United Kingdom >> 1/31/2018 - Following the completion of the acquisition of an initial 25% interest in the Magnus oil field on 1 December 2017, EnQuest has announced it has agreed with BP to undertake the management of the physic...
Hess Announces 2018 E&P Capital and Exploratory Budget
United States >> 1/31/2018 - Hess Corporation (HES) announced its 2018 E&P capital and exploratory budget will be $2.1 billion, the same as 2017. The 2018 budget allocates increased capital for continuing exploration and developm...
AWE Receives Acquisition Proposal from Mitsui
Australia >> 1/29/2018 - AWE Limited advises that it has received an unsolicited, non-binding and conditional proposal from Mitsui & Co Ltd (Mitsui) to acquire 100% of the shares in AWE for cash consideration of $0.95 per sha...
Sterling Terminates Chinguetti Oil Field Funding Agreement
Mauritania >> 1/26/2018 - Sterling Energy Plc, the AIM listed oil and gas exploration and production company, provides the following update with respect to its interest in the Chinguetti oil field, offshore Mauritania. ...
SOCAR Increases 2017 Budget Payments by 8.3%
Azerbaijan >> 1/19/2018 - SOCAR paid AZN 1.5 billion to the State Budget for 2017. Compared with the previous year’s figures, the company’s budget payments increased by AZN 115.6 million or 8.3%. In addition, SOCAR’s payment t...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.