| 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... |
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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... |
| 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... |
| 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... |
| Saudi Arabia >> 3/21/2016 - Saudi Aramco Chief Executive Amin Nasser said his company will continue to invest in upstream and downstream sectors, expecting an upwards adjustment in oil prices to begin by the end of 2016. ... |
| Oman >> 3/21/2016 - Independent oil and gas exploration and production company CC Energy Development (CCED) plans to invest around $340 million in augmenting exploration and production facilities in its Block 3 and 4 acr... |
| Algeria >> 3/16/2016 - The International Monetary Fund warned Algeria's government that deep structural reforms are necessary to buffer against pressure from low oil prices. ... |
| Iran >> 3/15/2016 - North Pars gas field is located 120 kilometers southeast of Bushehr province in the Persian Gulf waters. The field is 3,500 meters deep under water and is 10 to 15 kilometers far from coast. ... |
| Iran >> 3/14/2016 - National Iranian Oil Company (NIOC)s chief said the company will issue 50 trillion rials (about $1.454 billion) in bonds before the end of the current Iranian calendar year to March 19) to finance som... |
| Austria >> 3/14/2016 - OECD commercial oil stocks rose in January to stand at 3,023 mb, which was
around 328 mb higher than the latest five-year average. Crude and products
indicated surpluses of around 244 mb and 84 mb, ... |
| Iran >> 3/13/2016 - Head of the Presidential Office Mohammad Nahavandian said that bilateral meetings were held with British officials and businessmen on investment in oil industry, infrastructure, and environment fields... |
| India >> 3/12/2016 - India's Oil and Natural Gas Corporation said it will unveil an investment of around $5 billion by the end of March to develop a major gas asset in the east, with a view to tapping higher gas prices. ... |
| Kenya >> 3/11/2016 - Japan and the Republic of Kenya reached an agreement in principle on the Japan-Kenya Investment Agreement after five rounds of negotiations. Japanese Prime Minister Shinzo Abe and Hon. William Arap Ru... |
| Algeria >> 3/10/2016 - Prime Minister Abdelmalek Sellal said that Algeria is not "in bankruptcy, adding that the country has "important assets" allowing it to face the fall in oil prices in world markets. ... |
| Brazil >> 3/9/2016 - Measures to encourage oil and gas exploration in Brazil published in the official gazette could unlock $120 billion in investments, Energy Minister Eduardo Braga said in a statement. ... |
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Egypt >> 3/7/2016 - Egypt's state-owned EGAS has made its first payments to liquefied natural gas (LNG) suppliers since payment terms for deliveries were extended, trade sources said. ... |
| Singapore >> 3/2/2016 - Petronas Chemicals Bhd., a unit of Malaysia’s state energy company, will spend $4 billion over the next five years to mostly invest in a refinery and petrochemicals complex spearheaded by its parent i... |
| Iraq >> 3/1/2016 - Oryx Petroleum Corporation Limited and Zeg Oil and Gas Ltd have entered into a definitive agreement whereby Zeg Oil has subscribed for and been issued 75.7 million common shares of the Corporation for... |
| Iran >> 2/25/2016 - Iranian Oil Minister Bijan Namdar Zanganeh said that oil industry requires an annual amount of $40 billion investment by 2021 which marks the end of the sixth five-year national development plan. ... |
| United States >> 2/24/2016 - RimRock Oil & Gas (RimRock), a start-up oil and gas exploration and production company, announced that Warburg Pincus, a global private equity firm focused on growth investing, has agreed to a line-of... |
