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Stock Movements - April 2016
Austria >> 4/13/2016 - OECD commercial oil stocks fell in February for the first time in a year to stand at 3,026 mb. At this level, they are around 352 mb above the latest five-year average. Crude and products indicate a...
D.Bank, HSBC, Kfw Fix 3.5bn Euros Finance for Egypt Power Plants
D.Bank, HSBC, Kfw Fix 3.5bn Euros Finance for Egypt Power Plants Egypt >> 4/13/2016 - Deutsche Bank, HSBC and KfW's Ipex Bank have arranged 3.5 billion euros ($4 billion) in financing for Egypt's state-owned electricity company EEHC to buy three gas power plants from Siemens, Deutsche ...
Egypt Energy Sector Attracted Investments Exceeding $21 Billion
Egypt Energy Sector Attracted Investments Exceeding $21 Billion Egypt >> 4/13/2016 - King Salman of Saudi Arabia visit, Last week, to Egypt included a pledge to finance Egypt Energy Sector with more then $20 Billion. ...
Italy's Renzi Signs Potentially Huge Business Deals in Iran
Iran >> 4/12/2016 - Italy and Iran signed deals potentially worth billions when Prime Minister Matteo Renzi visited Tehran seeking a strong Italian foothold in a nation hungry for infrastructure investment as it emerges ...
MENA Energy Investments to Reach $900 billion
MENA Energy Investments to Reach $900 billion Saudi Arabia >> 4/12/2016 - Total committed and planned energy investments in the MENA region, including Iran, can reach $900 billion over the next five years, according to a new report published by the Arab Petroleum Investment...
Argentina Aims for $5b Investment in Renewable Energy by 2018
Argentina >> 4/11/2016 - Argentina aims to rake in $5 billion in investments in renewable energy by 2018 with the goal of reducing its energy deficit as hopes for near-term increased output from the Vaca Muerta shale field fa...
Algeria Sees Crude at $40 If Producers Agree to Output Freeze
Algeria >> 4/11/2016 - Oil prices may stabilize at $40 a barrel should OPEC and non-OPEC producers agree to a supply freeze at their meeting in Doha next Sunday, Algerian Energy Minister Salah Khebri said. ...
China Stock Movements - March 2015
China Stock Movements - March 2015 China >> 4/9/2016 - The latest information for China showed a decline in total commercial oil inventories of 3.3 mb in January to stand at 380.8 mb, which was around 16.9 mb higher than the previous year at the same time...
Apache to Invest $1b in Egypt in FY 2016-17
Apache to Invest $1b in Egypt in FY 2016-17 Egypt >> 4/8/2016 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received John Christman Apache’s CEO, Stephen Riney and Timothy Sullivan , Executive Vice Presidents, during their visit to Cairo with ...
Egypt's Debts to Foreign Oil Companies Up to $3.2 Bln
Egypt's Debts to Foreign Oil Companies Up to $3.2 Bln Egypt >> 4/6/2016 - Egypt's outstanding arrears to foreign oil companies rose to $3.2 billion at the end of March from $3 billion at the end of December, an official at the ministry of petroleum. ...
Egypt to Sign Financial Agreements with Saudi Arabia Worth $22bln
Egypt to Sign Financial Agreements with Saudi Arabia Worth $22bln Egypt >> 4/5/2016 - Egypt will sign the final version of four funding accords with Saudi Arabia worth roughly $22 billion, to come into effect as of Friday, during King Salman's first official visit to Cairo, official so...
Ecuador Signs Deals with $1 billion to Boost Production at Mature Oil Fields
Ecuador >> 4/4/2016 - International oil service companies will invest some $1 billion in sprucing up Ecuador's mature oil fields, the OPEC country's state-run Petroamazonas energy company said. ...
PGHC to Ink $7b Petchem Deal with European Firm
Iran >> 4/4/2016 - Iran's Persian Gulf Holding Company is to sign a $7b deal with a prominent European company to develop a petrochemical project in Assaluyeh, south of Iran, PGHC head said. ...
YPFB Runs 99% of Investment Planned
Bolivia >> 4/1/2016 - The scheduled first quarter of this management investments achieved a performance of 99%, reported the CEO of YPFB, Guillermo Acha. ...
Russia's Sibur Talking to Sinopec About Gas Plant Investment
Russia >> 3/31/2016 - Russian petrochemical company Sibur is in talks with shareholder Sinopec about investing in a planned gas chemical plant in Russia's Far East, Sibur boss Dmitry Konov told reporters. ...
Solvay, Caisse des Dépôts & Marubeni Invest in New Energy Projects
France >> 3/31/2016 - Solvay, Caisse des Dépôts, and Marubeni Europe plc (Marubeni), have expanded their energy efficiency partnership with two new projects to finance and operate cogeneration plants at Solvay’s facilities...
BP and KPC Sign Agreement to Explore Opportunities in Oil, Gas, Petrochemicals
Kuwait >> 3/30/2016 - BP and Kuwait Petroleum Corporation (KPC) have signed a framework agreement to explore possible joint opportunities for investment and cooperation in future oil, gas, trading and petrochemicals ventur...
ONGC Approves $5 Billion Offshore Development Plan
ONGC Approves $5 Billion Offshore Development Plan India >> 3/28/2016 - Board of Directors of ONGC have, in its 280th meeting held, approved the Field Development Plan (FDP) for the development of fields falling under Cluster 2 of the Deep-water NELP Block KG-DWN-98/2. Th...
CNPC & Total Sign Strategic Framework Cooperation Agreement
China >> 3/21/2016 - CNPC Chairman Wang Yilin and Total Chairman and CEO Patrick Pouyanné, who is currently in Beijing attending the China Development Forum 2016, inked a strategic framework cooperation agreement, to prom...
2016/2017 Work Programme & Budget Agreed with Oil India
Russia >> 3/21/2016 - PetroNeft (PTR) an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased announce that it has reac...

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