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Pemex Presents Its Business Plan 2016-2021
Mexico >> 11/3/2016 - Petroleos Mexicanos introduced its Business Plan 2016-2021. This Plan sets out the actions that will allow the productive state enterprise achieve primary surplus next year and achieve financial balan...
Mozambique Expects Eni Decision on LNG Investment this Year
Mozambique >> 11/2/2016 - Italy's Eni should make a final investment decision on its first offshore deep-water Liquefied Natural Gas project in Mozambique by the end of this year, Energy Minister Lleticia da Silva Klemens said...
South Korean Firms to Participate in $27 bn Worth of Omani Projects
Oman >> 11/1/2016 - South Korean companies are participating in a slew of Omani energy and infrastructure projects worth approximately $27.1 billion, Yonhap News Agency said quoting the countryís Trade Ministry. ...
Iran Welcomes Intl. Companies Contribution to Oil Projects
Iran >> 11/1/2016 - Vice-President of the Parliament Energy Committee Ali Adyani says Iran welcomes contribution of international companies into Iranian oil projects. ...
NNPC Seeks $51 Bn Investment in Gas Sector
Nigeria >> 10/31/2016 - The Nigerian National Petroleum Corporation (NNPC) has said about $51 billion investment opportunities exist today in the midstream and downstream gas sector to achieve the growth phase in the Industr...
Iraqi President Received the Minister of Petroleum to Bolster Petroleum Partnership
Iraqi President Received the Minister of Petroleum to Bolster Petroleum Partnership Egypt >> 10/31/2016 - Dr. Fuad Masum , the Iraqi President received Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, and the accompanying delegation with the presence of the Egyptian Ambassador to Iraq, Dr...
Iraq Ministry of Oil Offers 12 Oil Fields For the Development & Investment
Iraq >> 10/30/2016 - The ministry of oil announced to offer 12 medium size oil fields to be invested and developed in the middle & south of Iraq. Mr. Jabbar A. Allibi the minister of oil said that the ministry of oil invi...
Iran Needs $130b to Boost Crude Output Level
Iran >> 10/25/2016 - A member of the Iranian parliament says Iran will need at least 130 billion dollars in fresh investment by foreign financiers by 2021 if it is to enhance its oil recovery. ...
Simmons Private Equity Invests in LEAP Energy
Malaysia >> 10/25/2016 - International subsurface and technology consultancy LEAP Energy has partnered with Simmons Private Equity (SPE), an energy focused private equity fund. This investment by SPE lays the foundation for a...
Foreign Firms to Increase Spending on Iraqi Oil Fields in Basra
Iraq >> 10/24/2016 - Foreign oil companies will increase their investments to increase output in Basra, the main producing region of Iraq, state-owned South Oil Company Deputy Director General Salah Mahdi told Reuters. ...
Inviting Egypt to Participate In the 27th International Energy Charter Conference
Inviting Egypt to Participate In the 27th International Energy Charter Conference Egypt >> 10/23/2016 - Eng. Tarek El Molla , Minister of Petroleum and Mineral Resources , discussed with the Japanese Ambassador to Egypt, Mr. Takehiro Kagawa, the joint cooperation horizons between the two countries and t...
Malaysian Companies Keen on Investment in Iranian Oil
Iran >> 10/23/2016 - Minister of Petroleum Bijan Zanganeh says Malaysian companies are interested in investment in Iranian oil industry. ...
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. ...
Foreign Companies Eager to Invest in Iran
Iran >> 10/18/2016 - Secretary of the 18th International Marine Industries Conference and Offshore Technological Exhibition (18-21 Oct. 2016- Kish Island, Iran), Saeed Mazaheri, says foreign companies are in Iran for the ...
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 Totalís Vice President
Minister of Petroleum's Discussions with Totalís 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...
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...
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. EIVís investmen...

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